Ring Energy, Inc. (REI)

Market Cap	305.22M
Revenue (ttm)	365.61M
Net Income (ttm)	112.71M
Shares Out	198.20M
EPS (ttm)	0.57
PE Ratio	2.72
Forward PE	4.40
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,507,639
Open	1.540
Previous Close	1.540
Day's Range	1.510 - 1.560
52-Week Range	1.250 - 2.200
Beta	1.63
Analysts	n/a
Price Target	n/a
Earnings Date	Nov 6, 2024

About REI

Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The compan...

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 2004
• Employees: 108
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: REI
• Website: https://www.ringenergy.com

Financial Performance

In 2023, Ring Energy's revenue was $342.92 million, an increase of 3.88% compared to the previous year's $330.12 million. Earnings were $104.86 million, a decrease of -24.36%.