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About Ring Energy (NYSEAMERICAN:REI)
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, 2017, the company's proved reserves consisted of approximately 31.9 million barrel of oil equivalent. As of the above date, it also had interests in 8,102 net developed acres and 61,772 net undeveloped acres in Andrews and Gaines counties; and 10,235 net developed acres and 9,682 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.
Industry, Sector and Symbol
Industry Oil & Gas Drilling & Exploration
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSEAMERICAN:REI
CUSIPN/A
Phone+1-918-4993880
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins18.47%
Return on Equity3.75%
Return on Assets3.42%
Miscellaneous
EmployeesN/A
Outstanding Shares60,390,000
Ring Energy (NYSEAMERICAN:REI) Frequently Asked Questions
What is Ring Energy's stock symbol?
Ring Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "REI."
How were Ring Energy's earnings last quarter?
Ring Energy (NYSEAMERICAN:REI) announced its earnings results on Tuesday, May, 8th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.04. The company had revenue of $29.89 million for the quarter, compared to the consensus estimate of $29.57 million. Ring Energy had a net margin of 18.47% and a return on equity of 3.75%. View Ring Energy's Earnings History.
What price target have analysts set for REI?
7 brokerages have issued 1-year price targets for Ring Energy's stock. Their predictions range from $18.00 to $22.00. On average, they expect Ring Energy's share price to reach $19.4286 in the next year. View Analyst Ratings for Ring Energy.
Are investors shorting Ring Energy?
Ring Energy saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 4,265,305 shares, an increase of 7.2% from the April 13th total of 3,980,478 shares. Based on an average daily trading volume, of 547,887 shares, the days-to-cover ratio is presently 7.8 days. Currently, 7.5% of the shares of the company are sold short.
Who are some of Ring Energy's key competitors?
Some companies that are related to Ring Energy include Gulf Keystone Petroleum (GKP), Northern Oil and Gas (NOG), Exillon Energy (EXI), Rockhopper Exploration (RKH), Pantheon Resources (PANR), Bowleven (BLVN), Transatlantic Petroleum (TAT), Volga Gas (VGAS), Rangeford Resources (RGFR), American Sands Energy (AMSE), Arkanova Energy (AKVA), Northern Oil and Gas (NOG) and Petroneft Resources (PTR).
Who are Ring Energy's key executives?
Ring Energy's management team includes the folowing people:
- Mr. Kelly W. Hoffman, CEO & Director (Age 60)
- Mr. David A. Fowler, Pres & Director (Age 59)
- Mr. William R. Broaddrick, CFO, VP, Corp. Sec. & Treasurer (Age 40)
- Mr. Daniel D. Wilson, Exec. VP of Operations (Age 57)
- Ryan R. Roberts, VP of Land
Has Ring Energy been receiving favorable news coverage?
News coverage about REI stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ring Energy earned a news impact score of 0.13 on Accern's scale. They also gave news stories about the company an impact score of 47.20 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Ring Energy's major shareholders?
Ring Energy's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.44%), Royal Bank of Canada (6.52%), Dimensional Fund Advisors LP (3.66%), Cannell Peter B & Co. Inc. (3.21%), Vaughan Nelson Investment Management L.P. (2.62%) and Cannell Capital LLC (2.53%). Company insiders that own Ring Energy stock include Daniel D Wilson, Kelly W Hoffman, Rochford Living Trust Lloyd Ti and William Randall Broaddrick. View Institutional Ownership Trends for Ring Energy.
Which major investors are selling Ring Energy stock?
REI stock was sold by a variety of institutional investors in the last quarter, including Cannell Capital LLC, Foundry Partners LLC, Cortina Asset Management LLC, Vaughan Nelson Investment Management L.P., Federated Investors Inc. PA, Employees Retirement System of Texas, Russell Investments Group Ltd. and UBS Group AG. Company insiders that have sold Ring Energy company stock in the last year include Daniel D Wilson, Kelly W Hoffman, Rochford Living Trust Lloyd Ti and William Randall Broaddrick. View Insider Buying and Selling for Ring Energy.
Which major investors are buying Ring Energy stock?
REI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Cannell Peter B & Co. Inc., Thrivent Financial for Lutherans, Thompson Siegel & Walmsley LLC, Dimensional Fund Advisors LP, Principal Financial Group Inc., Principal Financial Group Inc. and Eagle Asset Management Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Ring Energy's stock price today?
One share of REI stock can currently be purchased for approximately $15.11.
How big of a company is Ring Energy?
Ring Energy has a market capitalization of $765.35 million.
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 +1-918-4993880.
MarketBeat Community Rating for Ring Energy (REI)
MarketBeat's community ratings are surveys of what our community members think about Ring Energy and other stocks. Vote "Outperform" if you believe REI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REI will underperform the S&P 500 over the long term. You may vote once every thirty days.
Ring Energy (NYSEAMERICAN:REI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for Ring Energy in the last 12 months. Their average twelve-month price target is $19.4286, suggesting that the stock has a possible upside of 28.58%. The high price target for REI is $22.00 and the low price target for REI is $18.00. There are currently 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 3.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $19.4286 | $19.4286 | $19.4286 | $18.6667 |
| Price Target Upside: | 28.58% upside | 21.58% upside | 47.07% upside | 35.76% upside |
Ring Energy (NYSEAMERICAN:REI) Consensus Price Target History
Ring Energy (NYSEAMERICAN:REI) Analyst Ratings History
Show:
(Data available from 5/24/2016 forward)
Ring Energy (NYSEAMERICAN:REI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Ring Energy (NYSEAMERICAN REI) Insider Trading and Institutional Ownership History
Ring Energy (NYSEAMERICAN REI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/21/2017 | William Randall Broaddrick | CFO | Sell | 75,000 | $14.02 | $1,051,500.00 | 50,000 |  |
| 12/5/2017 | Rochford Living Trust Lloyd Ti | Director | Sell | 86,486 | $14.81 | $1,280,857.66 | | |
| 11/29/2017 | Kelly W Hoffman | CEO | Sell | 51,238 | $13.79 | $706,572.02 | | |
| 11/27/2017 | Daniel D Wilson | Insider | Sell | 50,000 | $13.77 | $688,500.00 | | |
| 4/19/2017 | Kelly W Hoffman | CEO | Sell | 60,000 | $12.00 | $720,000.00 | 67,546 | |
| 10/14/2015 | David A Fowler | President | Sell | 13,000 | $10.26 | $133,380.00 | 102,000 | |
| 4/15/2015 | David A Fowler | President | Sell | 10,000 | $11.59 | $115,900.00 | | |
| 3/24/2015 | Kelly W Hoffman | CEO | Sell | 20,000 | $10.14 | $202,800.00 | | |
| 12/1/2014 | Rochford Living Trust Lloyd Ti | Director | Buy | 10,000 | $7.86 | $78,600.00 | | |
| 11/26/2014 | David A Fowler | President | Buy | 1,200 | $10.84 | $13,008.00 | | |
| 11/26/2014 | Stanley Myron Mccabe | Director | Buy | 20,000 | $10.60 | $212,000.00 | | |
| 9/16/2014 | Kelly W Hoffman | CEO | Buy | 1,000 | $14.94 | $14,940.00 | | |
| 9/16/2014 | Rochford Living Trust Lloyd Ti | Director | Buy | 10,000 | $15.15 | $151,500.00 | | |
| 7/2/2014 | Kelly W Hoffman | CEO | Buy | 2,000 | $17.73 | $35,460.00 | | |
| 6/30/2014 | Daniel D Wilson | EVP | Buy | 5,000 | $16.64 | $83,200.00 | | |
| 6/30/2014 | David A Fowler | President | Buy | 6,000 | $16.69 | $100,140.00 | | |
| 4/9/2014 | David A Fowler | President | Sell | 15,712 | $16.35 | $256,891.20 | | |
(Data available from 1/1/2013 forward)
Ring Energy (NYSEAMERICAN REI) News Headlines
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Ring Energy (NYSEAMERICAN:REI) SEC Filings
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Financials are not available for this stock.
Ring Energy (NYSEAMERICAN REI) Stock Chart for Thursday, May, 24, 2018
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