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NYSEAMERICAN:REIRing Energy Stock Price, Forecast & News

$1.05
+0.02 (+1.94 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$1.03
Now: $1.05
$1.10
50-Day Range N/A
52-Week Range
$0.52
Now: $1.05
$3.44
Volume496,700 shs
Average Volume1.31 million shs
Market Capitalization$71.38 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Ring Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas, the United States. As of December 31, 2018, the company's proved reserves consisted of approximately 36.6 million barrel of oil equivalent. As of the above date, it also had interests in 17,408 net developed acres and 58,620 net undeveloped acres in Andrews and Gaines counties; and 19,138 net developed acres and 860 net undeveloped acres in Culberson and Reeves counties. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in Midland, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.05 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Oil & Gas Drilling & Exploration
Sub-IndustryN/A
Current SymbolNYSEAMERICAN:REI
CUSIPN/A
CIKN/A
Phone(432) 682-7464

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees42
Market Cap$71.38 million
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Ring Energy (NYSEAMERICAN:REI) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Ring Energy?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ring Energy in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ring Energy.

When is Ring Energy's next earnings date?

Ring Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Ring Energy.

How were Ring Energy's earnings last quarter?

Ring Energy Inc (NYSEAMERICAN:REI) posted its quarterly earnings data on Monday, May, 11th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.06. The business had revenue of $39.57 million for the quarter, compared to analysts' expectations of $41.31 million. View Ring Energy's earnings history.

What price target have analysts set for REI?

7 brokerages have issued twelve-month target prices for Ring Energy's shares. Their forecasts range from $1.00 to $4.00. On average, they anticipate Ring Energy's share price to reach $2.36 in the next twelve months. This suggests a possible upside of 124.8% from the stock's current price. View analysts' price targets for Ring Energy.

Has Ring Energy been receiving favorable news coverage?

News articles about REI stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ring Energy earned a news impact score of -3.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Ring Energy.

Are investors shorting Ring Energy?

Ring Energy saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 12,320,000 shares, a decline of 11.4% from the June 15th total of 13,900,000 shares. Based on an average trading volume of 1,500,000 shares, the days-to-cover ratio is currently 8.2 days. Currently, 22.9% of the shares of the stock are sold short. View Ring Energy's Current Options Chain.

Who are some of Ring Energy's key competitors?

What other stocks do shareholders of Ring Energy own?

Who are Ring Energy's key executives?

Ring Energy's management team includes the following people:
  • Mr. Lloyd Timothy Rochford, Co-Founder & Chairman (Age 72)
  • Mr. Kelly W. Hoffman, CEO & Director (Age 61)
  • Mr. David A. Fowler, Pres & Director (Age 60)
  • Mr. Stanley M. McCabe, Co-Founder & Director (Age 86)
  • Mr. William R. Broaddrick, CFO, VP, Corp. Sec. & Treasurer (Age 41)

What is Ring Energy's stock symbol?

Ring Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "REI."

Who are Ring Energy's major shareholders?

Ring Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Eidelman Virant Capital (0.13%). Company insiders that own Ring Energy stock include Anthony Benedict Petrelli, Daniel D Wilson, David A Fowler, Kelly W Hoffman, Rochford Living Trust Lloyd Ti, Stanley Myron Mccabe and William Randall Broaddrick. View institutional ownership trends for Ring Energy.

Which major investors are buying Ring Energy stock?

REI stock was purchased by a variety of institutional investors in the last quarter, including Eidelman Virant Capital. Company insiders that have bought Ring Energy stock in the last two years include Anthony Benedict Petrelli, David A Fowler, Kelly W Hoffman, Rochford Living Trust Lloyd Ti, Stanley Myron Mccabe, and William Randall Broaddrick. View insider buying and selling activity for Ring Energy.

How do I buy shares of Ring Energy?

Shares of REI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Ring Energy's stock price today?

One share of REI stock can currently be purchased for approximately $1.05.

How big of a company is Ring Energy?

Ring Energy has a market capitalization of $71.38 million. Ring Energy employs 42 workers across the globe.

What is Ring Energy's official website?

The official website for Ring Energy is www.ringenergy.com.

How can I contact Ring Energy?

Ring Energy's mailing address is 6555 S Lewis Ave, TULSA, OK 74136-1010, United States. The company can be reached via phone at (432) 682-7464.

This page was last updated on 7/12/2020 by MarketBeat.com Staff

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