REI Key Statistics, Chart & Performance
The current stock price of REI is 1.33 USD. In the past month the price increased by 43.86%. In the past year, price decreased by -2.21%.
REI Technical Analysis
ChartMill assigns a technical rating of 8 / 10 to REI. When comparing the yearly performance of all stocks, REI is one of the better performing stocks in the market, outperforming 75.2% of all stocks.
REI Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to REI. While REI has a great profitability rating, there are quite some concerns on its financial health.
REI Financial Highlights
Over the last trailing twelve months REI reported a non-GAAP Earnings per Share(EPS) of 0.22. The EPS decreased by -45% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 20.72% | ||
| ROA | 4.57% | ||
| ROE | 7.72% | ||
| Debt/Equity | 0.5 |
REI Forecast & Estimates
5 analysts have analysed REI and the average price target is 2.55 USD. This implies a price increase of 91.73% is expected in the next year compared to the current price of 1.33.
For the next year, analysts expect an EPS growth of -85.72% and a revenue growth -14.08% for REI
REI Ownership
REI Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| COP | CONOCOPHILLIPS | 19.99 | 134.323B | ||
| EOG | EOG RESOURCES INC | 11.68 | 61.786B | ||
| FANG | DIAMONDBACK ENERGY INC | 15.63 | 47.552B | ||
| EQT | EQT CORP | 14.18 | 35.029B | ||
| DVN | DEVON ENERGY CORP | 12.41 | 27.275B | ||
| VG | VENTURE GLOBAL INC-CL A | 12.34 | 24.897B | ||
| EXE | EXPAND ENERGY CORP | 11.31 | 24.589B | ||
| CTRA | COTERRA ENERGY INC | 13.69 | 23.23B | ||
| VNOM | VIPER ENERGY INC-CL A | 33.96 | 15.657B | ||
| PR | PERMIAN RESOURCES CORP-CL A | 15.35 | 14.214B |
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About REI
Company Profile
Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The company is headquartered in The Woodlands, Texas and currently employs 115 full-time employees. The company went IPO on 2007-03-28. The firm is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform (CBP), in the Permian Basin in Texas. Its Lime Rock’s CBP operations are located in the Permian Basin and are focused on the development of approximately 17,700 net acres. The firm's leasehold acreage positions total approximately 97,599 gross (80,919 net) acres, and it holds interests in approximately 935 gross (763 net) producing wells. All of its properties are located in the Permian Basin and its proved reserves are oil-weighted, with approximately 60% consisting of oil, 19% consisting of natural gas, and 21% consisting of natural gas liquids. Of those reserves, approximately 69% of the reserves are classified as proved developed and 31% are classified as proved undeveloped.
Company Info
RING ENERGY INC
1725 Hughes Landing Blvd., Suite 900
The Woodlands TEXAS 77380 US
CEO: Paul D. McKinney
Employees: 115
Phone: 12813973699
RING ENERGY INC / REI FAQ
Can you describe the business of RING ENERGY INC?
Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The company is headquartered in The Woodlands, Texas and currently employs 115 full-time employees. The company went IPO on 2007-03-28. The firm is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform (CBP), in the Permian Basin in Texas. Its Lime Rock’s CBP operations are located in the Permian Basin and are focused on the development of approximately 17,700 net acres. The firm's leasehold acreage positions total approximately 97,599 gross (80,919 net) acres, and it holds interests in approximately 935 gross (763 net) producing wells. All of its properties are located in the Permian Basin and its proved reserves are oil-weighted, with approximately 60% consisting of oil, 19% consisting of natural gas, and 21% consisting of natural gas liquids. Of those reserves, approximately 69% of the reserves are classified as proved developed and 31% are classified as proved undeveloped.
Can you provide the latest stock price for RING ENERGY INC?
The current stock price of REI is 1.33 USD. The price increased by 7.26% in the last trading session.
What is the dividend status of RING ENERGY INC?
REI does not pay a dividend.
What is the ChartMill rating of RING ENERGY INC stock?
REI has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
How is the market expecting REI stock to perform?
5 analysts have analysed REI and the average price target is 2.55 USD. This implies a price increase of 91.73% is expected in the next year compared to the current price of 1.33.
Can you provide the number of employees for RING ENERGY INC?
RING ENERGY INC (REI) currently has 115 employees.