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REI

REI - Ring Energy Inc Stock Price, Fair Value and News

1.54USD-0.07 (-4.35%)Market Closed

Market Summary

REI
USD1.54-0.07
Market Closed
-4.35%

REI Alerts

  • Big fall in earnings (Y/Y)

REI Stock Price

View Fullscreen

REI RSI Chart

REI Valuation

Market Cap

304.8M

Price/Earnings (Trailing)

3.92

Price/Sales (Trailing)

0.83

EV/EBITDA

1.42

Price/Free Cashflow

1.53

REI Price/Sales (Trailing)

REI Profitability

EBT Margin

21.09%

Return on Equity

9.79%

Return on Assets

5.61%

Free Cashflow Yield

65.51%

REI Fundamentals

REI Revenue

Revenue (TTM)

367.5M

Rev. Growth (Yr)

7.29%

Rev. Growth (Qtr)

-5.44%

REI Earnings

Earnings (TTM)

77.7M

Earnings Growth (Yr)

-83.14%

Earnings Growth (Qtr)

-89.16%

Breaking Down REI Revenue

Last 7 days

-4.9%

Last 30 days

-14.9%

Last 90 days

-17.2%

Trailing 12 Months

-12.5%

How does REI drawdown profile look like?

REI Financial Health

Current Ratio

0.5

REI Investor Care

Shares Dilution (1Y)

1.43%

Diluted EPS (TTM)

0.4

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024367.5M000
2023367.2M361.5M360.8M361.1M
2022225.0M262.2M307.2M347.2M
2021113.0M150.1M168.0M196.3M
2020193.5M152.8M133.9M113.0M
2019132.0M153.4M171.0M195.7M
201884.3M99.8M115.8M120.1M
201737.0M44.4M53.2M66.7M
201631.1M29.2M28.4M30.9M
201538.2M35.9M33.6M31.0M
201415.1M25.0M33.2M38.1M
20132.6M3.5M6.0M10.3M
2012716.7K1.0M1.3M1.8M
201100280.6K485.6K
20100000

Tracking the Latest Insider Buys and Sells of Ring Energy Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 17, 2024
mckinney paul d.
sold (taxes)
-37,471
1.61
-23,274
ceo and chairman of the board
Jun 17, 2024
baghdati marinos christos
sold (taxes)
-9,368
1.61
-5,819
evp operations
Jun 17, 2024
dyes alexander
sold (taxes)
-9,368
1.61
-5,819
evp engineering, corp strategy
Jun 17, 2024
thomas travis
sold (taxes)
-9,368
1.61
-5,819
evp, chief financial officer
Jun 17, 2024
brooks stephen donald
sold (taxes)
-9,368
1.61
-5,819
evp-land, legal, hr, marketing
May 17, 2024
woodrum clayton eugene
gifted
-
-
-7,500
-
Mar 06, 2024
brooks stephen donald
sold (taxes)
-50,571
1.42
-35,614
evp-land, legal, hr, marketing
Mar 06, 2024
brooks stephen donald
acquired
-
-
146,253
evp-land, legal, hr, marketing
Mar 06, 2024
mckinney paul d.
sold (taxes)
-202,282
1.42
-142,452
ceo and chairman of the board
Mar 06, 2024
thomas travis
sold (taxes)
-50,571
1.42
-35,614
evp, chief financial officer

1–10 of 50

Which funds bought or sold REI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
new
-
4,994
4,994
-%
May 24, 2024
Cetera Investment Advisers
new
-
66,895
66,895
-%
May 20, 2024
Virtu Financial LLC
reduced
-82.97
-80,000
23,000
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.91
-5,185
23,638
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-85.93
-317,315
73,916
-%
May 15, 2024
Shay Capital LLC
added
70.32
184,571
328,047
0.05%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
3.03
748,603
2,702,350
0.06%
May 15, 2024
Cubist Systematic Strategies, LLC
reduced
-65.68
-81,090
69,274
-%
May 15, 2024
Federation des caisses Desjardins du Quebec
new
-
118
118
-%
May 15, 2024
IPG Investment Advisors LLC
sold off
-100
-235,060
-
-%

1–10 of 46

Are Funds Buying or Selling REI?

Are funds buying REI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own REI
No. of Funds

Unveiling Ring Energy Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 06, 2024
stronghold energy ii operating, llc
0.0%
0
SC 13D/A
Feb 14, 2024
kruse william r
7.0%
13,744,905
SC 13G/A
Aug 25, 2023
stronghold energy ii operating, llc
24.1%
46,994,853
SC 13D/A
Mar 27, 2023
kukes simon g
3.0%
5,507,887
SC 13D/A
Feb 13, 2023
kruse william r
7.2%
12,696,948
SC 13G/A
Nov 22, 2022
kruse william r
7.2%
12,696,948
SC 13G/A
Oct 31, 2022
stronghold energy ii operating, llc
34.2%
59,594,853
SC 13D/A
Sep 12, 2022
stronghold energy ii operating, llc
16.3%
21,339,986
SC 13D
Feb 04, 2022
kruse william r
13.9%
13,939,734
SC 13D
Jan 18, 2022
empery asset management, lp
4.99%
21,428,500
SC 13G/A

Recent SEC filings of Ring Energy Inc

View All Filings
Date Filed Form Type Document
Jun 20, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
May 28, 2024
8-K
Current Report
May 21, 2024
4
Insider Trading
May 08, 2024
8-K
Current Report
May 06, 2024
10-Q
Quarterly Report
Apr 19, 2024
8-K
Current Report

Peers (Alternatives to Ring Energy Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
437.2B
341.1B
-3.98% 7.34%
13.33
1.28
-16.75% -46.83%
286.1B
198.9B
-1.45% 1.73%
14.1
1.44
-18.05% -43.28%
54.0B
27.7B
-2.79% 7.77%
12.5
1.95
-22.75% -55.41%
15.7B
6.6B
7.26% 24.76%
10.92
2.38
-17.48% -47.38%
10.8B
6.4B
-8.12% 1.70%
10.23
1.68
-54.63% -85.10%
MID-CAP
8.1B
2.2B
-10.08% 16.34%
16.85
3.7
-62.59% -77.29%
3.7B
2.5B
-1.63% 42.39%
3.64
1.46
-6.59% -31.79%
3.4B
2.7B
-9.29% 1.40%
9.5
1.22
2.93% 8.77%
2.5B
1.7B
-10.66% -8.81%
11.22
1.44
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
246.0M
304.0M
-0.64% -5.19%
8.04
0.81
-28.78% -93.34%
134.1M
257.2M
-17.03% -50.33%
-3.03
0.52
7.59% 61.82%
63.2M
2.8B
-12.77% -29.71%
36.87
0.02
-15.01% 137.22%
51.3M
205.5M
-46.02% -45.74%
-0.9
0.25
-40.02% -142.55%
23.3M
24.4M
-18.60% -11.45%
-7.16
0.95
-16.16% -245.04%

Ring Energy Inc News

Latest updates
Yahoo New Zealand News43 hours ago
Yahoo Finance06 May 202407:00 am

Ring Energy Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-5.4%95.0010094.0079.0088.0010094.0085.0068.0060.0049.0048.0040.0031.0031.0011.0040.0052.0050.0051.0042.00
Costs and Expenses-3.7%57.0059.0054.0050.0052.0054.0041.0031.0030.0028.0025.0025.0023.0016025.0016729.0034.0036.0034.0032.00
  S&GA Expenses-8.5%7.008.007.007.007.008.007.006.006.005.004.004.003.007.002.004.003.005.004.005.007.00
EBITDA Margin-11.6%0.58*0.66*0.53*0.74*0.74*0.65*0.71*0.54*0.37*0.28*-0.63*-0.80*-2.48*--------
Interest Expenses-0.9%11.0012.0011.0011.0010.009.007.003.003.004.004.004.004.005.004.004.004.004.005.004.001.00
Income Taxes-78.0%2.008.00-3.41-6.362.003.004.001.000.00-0.05-0.050.00-21.00-0.49-39.1212.003.003.004.005.00
Earnings Before Taxes-87.7%7.0059.00-10.9522.0035.0017.0079.0043.007.0024.0014.00-15.70-19.07-139-2.45-17456.008.0012.0015.009.00
EBT Margin-27.5%0.21*0.29*0.18*0.42*0.48*0.42*0.50*0.34*0.13*0.02*-0.95*-1.17*-2.96*--------
Net Income-89.2%6.0051.00-7.5429.0033.0014.0075.0042.007.0024.0014.00-15.89-19.07-160-1.96-13544.005.009.0011.004.00
Net Income Margin-27.2%0.21*0.29*0.19*0.42*0.45*0.40*0.48*0.33*0.13*0.02*-1.08*-1.31*-2.80*--------
Free Cashflow-18.9%45.0056.0055.0043.0044.0064.0068.0041.0025.0023.0018.0016.0016.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.6%1,3851,3761,3631,2821,2811,2691,2517457046846796766706638368471,011973957954918
  Current Assets4.9%59.0056.0059.0055.0058.0063.0065.0048.0039.0030.0025.0028.0025.0021.0043.0040.0065.0039.0034.0039.0037.00
    Cash Equivalents364.3%1.000.000.002.002.004.001.002.002.002.002.003.002.004.0018.0017.0013.0010.008.0011.003.00
  Inventory-2.8%6.006.006.007.009.009.00---------------
  Net PPE1.0%1,3071,2931,2811,1991,1981,1801,154694662651650644641639767778932929919912879
Liabilities0.3%592590630543582608607387395384403415394369403413443449439446451
  Current Liabilities4.1%11811415210111014212799.0098.0077.0085.0088.0067.0037.0026.0020.0040.0059.0052.0068.0093.00
Shareholder's Equity0.8%793787733739699661506358309301276261276295433434568524518508468
  Retained Earnings58.4%-3.93-9.45-60.35-52.81-81.60-114-128-203-245-252-277-291-275-256-96.02-94.0641.00-2.86-7.89-16.74-28.09
  Additional Paid-In Capital0.1%797796794791781775635562555553553552551551529528527526526525496
Accumulated Depreciation6.3%401377353331311290270255245236226217208200189178171157142128114
Shares Outstanding0.6%19819719519518117613210710010099.0099.00---------
Float----227---281---255---75.00---185-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-18.9%45,18955,73355,39143,36643,68063,64268,17340,72324,44023,20817,51316,32315,68827,25614,7172,64827,53844,02827,17625,5829,830
  Share Based Compensation-29.9%1,7242,4592,1712,2601,9442,1981,5431,8991,5229347773523552,8075661,318674647793809834
Cashflow From Investing23.5%-39,505-51,656-87,329-28,117-55,469-40,534-218,016-36,107-14,222-17,369-12,648-11,044-10,177-13,5541,044-6,377-24,943-37,774-36,093-293,585-55,586
Cashflow From Financing-17.5%-4,603-3,91930,327-15,2249,803-20,284148,511-4,531-10,486-5,476-5,487-4,309-7,388-28,043-15,0708,427-67.81-3,8485,937275,97645,000
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REI Income Statement

2024-03-31
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Oil, Natural Gas, and Natural Gas Liquids Revenues$ 94,503,136$ 88,082,912
Costs and Operating Expenses  
Lease operating expenses18,360,43417,472,691
Gathering, transportation and processing costs166,054(823)
Ad valorem taxes2,145,6311,670,613
Oil and natural gas production taxes4,428,3034,408,140
Depreciation, depletion and amortization23,792,45021,271,671
Asset retirement obligation accretion350,834365,847
Operating lease expense175,091113,138
General and administrative expense7,469,2227,130,139
Total Costs and Operating Expenses56,888,01952,431,416
Income from Operations37,615,11735,651,496
Other Income (Expense)  
Interest income78,5440
Interest (expense)(11,498,944)(10,390,279)
Gain (loss) on derivative contracts(19,014,495)9,474,905
Gain (Loss) on Disposition of Intangible Assets38,3550
Other income25,6869,600
Net Other Income (Expense)(30,370,854)(905,774)
Income Before Benefit from (Provision for) Income Taxes7,244,26334,745,722
Benefit from (Provision for) Income Taxes(1,728,886)(2,029,943)
Net Income$ 5,515,377$ 32,715,779
Basic Earnings per Share (in usd per share)$ 0.03$ 0.18
Diluted Earnings per Share (in usd per share)$ 0.03$ 0.17

REI Balance Sheet

2024-03-31
CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 1,376,075$ 296,384
Accounts receivable44,392,62138,965,002
Joint interest billing receivables, net1,857,2412,422,274
Derivative assets3,704,4466,215,374
Inventory5,965,5196,136,935
Prepaid expenses and other assets1,371,1461,874,850
Total Current Assets58,667,04855,910,819
Properties and Equipment  
Oil and natural gas properties, full cost method1,700,133,5191,663,548,249
Financing lease asset subject to depreciation4,151,1713,896,316
Fixed assets subject to depreciation3,353,7303,228,793
Total Properties and Equipment1,707,638,4201,670,673,358
Accumulated depreciation, depletion and amortization(400,876,225)(377,252,572)
Net Properties and Equipment1,306,762,1951,293,420,786
Operating lease asset2,353,6472,499,592
Derivative assets5,092,17611,634,714
Deferred financing costs11,808,87413,030,481
Total Assets1,384,683,9401,376,496,392
Current Liabilities  
Accounts payable99,149,633104,064,124
Income tax liability102,6330
Financing lease liability1,003,909956,254
Operating lease liability612,373568,176
Derivative liabilities17,517,6567,520,336
Notes payable0533,734
Asset retirement obligations36,318165,642
Total Current Liabilities118,422,522113,808,266
Non-current Liabilities  
Deferred income taxes10,178,2988,552,045
Revolving line of credit422,000,000425,000,000
Financing lease liability, less current portion858,374906,330
Operating lease liability, less current portion1,896,1772,054,041
Derivative liabilities10,012,56111,510,368
Asset retirement obligations28,308,88428,082,442
Total Liabilities591,676,816589,913,492
Commitments and contingencies (See Note 12)
Stockholders' Equity  
Preferred stock - $0.001 par value; 50,000,000 shares authorized; no shares issued or outstanding00
Common stock - $0.001 par value; 450,000,000 shares authorized; 197,934,202 shares and 196,837,001 shares issued and outstanding, respectively197,934196,837
Additional paid-in capital796,742,425795,834,675
Accumulated deficit(3,933,235)(9,448,612)
Total Stockholders’ Equity793,007,124786,582,900
Total Liabilities and Stockholders' Equity$ 1,384,683,940$ 1,376,496,392
REI
Ring Energy, Inc., an independent exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. It had interests in 54,959 net developed acres and 2,337 net undeveloped acres in Andrews, Gaines, Crane, Winkler, and Ward counties, Texas; and 13,930 net developed acres and 12,512 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.
 CEO
 WEBSITEringenergy.com
 INDUSTRYOil - E&P
 EMPLOYEES98

Ring Energy Inc Frequently Asked Questions


What is the ticker symbol for Ring Energy Inc? What does REI stand for in stocks?

REI is the stock ticker symbol of Ring Energy Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ring Energy Inc (REI)?

As of Fri Jun 21 2024, market cap of Ring Energy Inc is 304.82 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of REI stock?

You can check REI's fair value in chart for subscribers.

What is the fair value of REI stock?

You can check REI's fair value in chart for subscribers. The fair value of Ring Energy Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ring Energy Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for REI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ring Energy Inc a good stock to buy?

The fair value guage provides a quick view whether REI is over valued or under valued. Whether Ring Energy Inc is cheap or expensive depends on the assumptions which impact Ring Energy Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for REI.

What is Ring Energy Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, REI's PE ratio (Price to Earnings) is 3.92 and Price to Sales (PS) ratio is 0.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. REI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ring Energy Inc's stock?

In the past 10 years, Ring Energy Inc has provided -0.214 (multiply by 100 for percentage) rate of return.