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) released its quarterly earnings data on Thursday, March, 15th. The company reported $0.09 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.09. The firm had revenue of $23.31 million for the quarter, compared to the consensus estimate of $21.32 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 brokers have issued twelve-month target prices for Ring Energy's shares. Their forecasts range from $17.00 to $22.00. On average, they expect Ring Energy's stock price to reach $19.1429 in the next year. View Analyst Ratings for Ring Energy.
Are investors shorting Ring Energy?
Ring Energy saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 3,904,205 shares, an increase of 4.0% from the March 15th total of 3,755,244 shares. Based on an average daily volume of 707,620 shares, the days-to-cover ratio is currently 5.5 days. Approximately 6.9% of the shares of the company are short sold.
Who are some of Ring Energy's key competitors?
Some companies that are related to Ring Energy include Hecla Mining (HL), AK Steel (AKS), Elementis (ELM), Hochschild Mining (HCHDF), MEG Energy (MEG), Neenah (NP), Gran Tierra Energy (GTE), New Gold (NGD), Morgan Advanced Ma (MCRUF), Impala Platinum (IMPUY), Pretium Resources (PVG), Sirius Minerals (SXX), NuVista Energy (NVA), A. Schulman (SHLM), SSR Mining (SSRM), Rayonier Advanced Materials (RYAM), AdvanSix (ASIX) and Semafo (SMF).
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 stories about REI stock have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ring Energy earned a daily sentiment score of 0.23 on Accern's scale. They also assigned news articles about the company an impact score of 46.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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 $16.40.
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 $19.1429, suggesting that the stock has a possible upside of 16.72%. The high price target for REI is $22.00 and the low price target for REI is $17.00. 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)
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) | 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $19.1429 | $19.1429 | $19.00 | $18.60 |
| Price Target Upside: | 16.72% upside | 33.21% upside | 27.26% upside | 49.76% upside |
Ring Energy (NYSEAMERICAN:REI) Consensus Price Target History
Ring Energy (NYSEAMERICAN:REI) Analyst Ratings History
Show:
(Data available from 4/19/2016 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
| Source: |
|
| Date | Headline |
|---|
 | Ring Energy (REI) Forecasted to Earn Q1 2018 Earnings of $0.13 Per Share
www.americanbankingnews.com - April 19 at 5:58 AM |
| Imperial Capital Comments on Ring Energy's Q1 2018 Earnings (REI)
www.americanbankingnews.com - April 19 at 5:58 AM |
| Ring Energy (REI) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 18 at 7:30 PM |
| Q1 2018 Earnings Estimate for Ring Energy Issued By SunTrust Banks (REI)
www.americanbankingnews.com - April 18 at 7:42 AM |
 | BRIEF-Ring Energy Q1 Average Estimated Price Received Per BOE $61.50
www.reuters.com - April 17 at 5:53 PM |
 | Ring Energy, Inc. Releases First Quarter 2018 Operations Update
finance.yahoo.com - April 17 at 5:53 PM |
| Capital One Financial Equities Analysts Cut Earnings Estimates for Ring Energy (REI)
www.americanbankingnews.com - April 16 at 1:14 AM |
| Ring Energy (REI) PT Set at $20.00 by Roth Capital
www.americanbankingnews.com - April 10 at 8:24 PM |
| Ring Energy (REI) Short Interest Up 4.0% in March
www.americanbankingnews.com - April 10 at 6:35 PM |
| Ring Energy Inc (REI) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - April 1 at 5:30 PM |
| Ring Energy (REI) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 28 at 9:48 PM |
| Ring Energy (REI) Receives New Coverage from Analysts at KLR Group
www.americanbankingnews.com - March 28 at 7:39 PM |
| Ring Energy (REI) Given a $22.00 Price Target by Roth Capital Analysts
www.americanbankingnews.com - March 27 at 7:58 PM |
| Ring Energy Inc (REI) Short Interest Update
www.americanbankingnews.com - March 27 at 1:27 AM |
| Ring Energy (REI) Coverage Initiated by Analysts at B. Riley
www.americanbankingnews.com - March 25 at 12:12 PM |
| Ring Energy (REI) Given a $20.00 Price Target by B. Riley Analysts
www.americanbankingnews.com - March 24 at 12:16 PM |
| FY2019 EPS Estimates for Ring Energy Inc Lowered by Analyst (REI)
www.americanbankingnews.com - March 22 at 2:48 PM |
| Q1 2018 EPS Estimates for Ring Energy Inc Decreased by Analyst (REI)
www.americanbankingnews.com - March 21 at 6:46 AM |
| Ring Energy Inc Forecasted to Post Q1 2018 Earnings of $0.11 Per Share (REI)
www.americanbankingnews.com - March 21 at 6:46 AM |
| Imperial Capital Brokers Boost Earnings Estimates for Ring Energy Inc (REI)
www.americanbankingnews.com - March 21 at 6:46 AM |
| Ring Energy Announces Financial and Operational Results for Fourth Quarter and Year End 2017
finance.yahoo.com - March 15 at 6:09 PM |
| These Upstream Companies Have the Lowest 12-Month Leverage
finance.yahoo.com - March 14 at 8:36 AM |
| Ring Energy, Inc. Schedules Conference Call on Its 2017 Fourth Quarter and 12 Month Financial and Operating Results
finance.yahoo.com - March 9 at 6:48 PM |
| Ring Energy Inc (REI) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - March 7 at 5:32 PM |
| Analysts Set Expectations for Ring Energy Inc's Q1 2018 Earnings (REI)
www.americanbankingnews.com - March 7 at 7:26 AM |
| Ranger Investment Management L.P. Purchases 11,490 Shares of Ring Energy Inc (REI)
www.americanbankingnews.com - March 6 at 2:11 PM |
| Ring Energy Inc (REI) Forecasted to Earn FY2017 Earnings of $0.22 Per Share
www.americanbankingnews.com - March 6 at 5:46 AM |
| Ring Energy Inc (REI) Shares Sold by Kennedy Capital Management Inc.
www.americanbankingnews.com - March 3 at 3:48 PM |
| Ring Energy Inc (REI) Shares Sold by Cortina Asset Management LLC
www.americanbankingnews.com - March 1 at 11:53 AM |
| 80,500 Shares in Ring Energy Inc (REI) Purchased by Ninepoint Partners LP
www.americanbankingnews.com - February 28 at 1:47 PM |
| Ring Energy Inc (REI) to Post Q1 2018 Earnings of $0.11 Per Share, Imperial Capital Forecasts
www.americanbankingnews.com - February 28 at 8:08 AM |
| Ring Energy, Inc. Announces Exercise In Full of Over-Allotment Option and Completion of Public Offering of Common Stock
finance.yahoo.com - February 27 at 5:53 PM |
| Short Interest in Ring Energy Inc (REI) Rises By 42.7%
www.americanbankingnews.com - February 27 at 5:40 PM |
| Ring Energy Inc Expected to Earn Q4 2018 Earnings of $0.19 Per Share (REI)
www.americanbankingnews.com - February 27 at 1:30 PM |
| Ring Energy Inc to Post Q1 2018 Earnings of $0.15 Per Share, Capital One Financial Forecasts (REI)
www.americanbankingnews.com - February 26 at 2:06 AM |
| Analysts Issue Forecasts for Ring Energy Inc's Q1 2018 Earnings (REI)
www.americanbankingnews.com - February 26 at 2:06 AM |
| Analysts Offer Predictions for Ring Energy Inc's Q2 2018 Earnings (REI)
www.americanbankingnews.com - February 23 at 12:05 PM |
| Ring Energy, Inc. Announces Common Stock Offering
finance.yahoo.com - February 22 at 5:36 PM |
| Ring Energy, Inc. Announces Preliminary 2018 Capital Expenditure Drilling and Operational Budget
finance.yahoo.com - February 20 at 5:45 PM |
| Ring Energy Inc (REI) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - February 10 at 5:20 PM |
| Short Interest in Ring Energy Inc (REI) Decreases By 4.6%
www.americanbankingnews.com - February 9 at 6:36 PM |
| SunTrust Banks Research Analysts Lift Earnings Estimates for Ring Energy Inc (REI)
www.americanbankingnews.com - February 8 at 8:58 AM |
| Ring Energy Inc to Post FY2017 Earnings of $0.21 Per Share, B. Riley Forecasts (REI)
www.americanbankingnews.com - February 8 at 8:24 AM |
| Research Analysts Set Expectations for Ring Energy Inc's FY2017 Earnings (REI)
www.americanbankingnews.com - February 8 at 8:24 AM |
| Ring Energy Inc (REI) Forecasted to Earn FY2019 Earnings of $1.30 Per Share
www.americanbankingnews.com - February 7 at 2:04 PM |
| Capital One Financial Equities Analysts Boost Earnings Estimates for Ring Energy Inc (REI)
www.americanbankingnews.com - February 7 at 8:36 AM |
| FY2018 EPS Estimates for Ring Energy Inc Lifted by Analyst (REI)
www.americanbankingnews.com - January 26 at 11:16 AM |
| Equities Analysts Issue Forecasts for Ring Energy Inc's FY2019 Earnings (REI)
www.americanbankingnews.com - January 25 at 3:10 PM |
| Ring Energy Inc (REI) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - January 16 at 7:56 PM |
| Research Analysts Set Expectations for Ring Energy Inc's Q3 2018 Earnings (REI)
www.americanbankingnews.com - January 15 at 7:12 AM |
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, April, 19, 2018
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