| Market Cap | 175.03M |
| Revenue (ttm) | 335.64M |
| Net Income (ttm) | 71.07M |
| Shares Out | 206.52M |
| EPS (ttm) | 0.36 |
| PE Ratio | 2.37 |
| Forward PE | 3.61 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,291,247 |
| Open | 0.8448 |
| Previous Close | 0.8200 |
| Day's Range | 0.8400 - 0.8758 |
| 52-Week Range | 0.7800 - 2.0600 |
| Beta | 0.92 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 7, 2025 |
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 56,620 net developed acres and 4,029 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,722 net developed acres and 11,548 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... [Read more]
Financial Performance
In 2024, Ring Energy's revenue was $350.21 million, an increase of 2.13% compared to the previous year's $342.92 million. Earnings were $67.47 million, a decrease of -35.66%.
Financial StatementsNews
Ring Energy, Inc. (REI) Q1 2025 Earnings Call Transcript
Ring Energy, Inc. (NYSE:REI) Q1 2025 Earnings Conference Call May 8, 2025 12:00 PM ET Company Participants Al Petrie - Investor Relations Paul McKinney - Chairman & Chief Executive Officer Travis Tho...
Ring Energy: Acquisition Completed But Outlook Uncertain
Ring Energy's recent acquisition will significantly impact Q2 results and future profitability. Management aims to enhance property profitability, supporting the purchase's value and decreasing the de...
Ring Energy Announces First Quarter 2025 Results and Provides Updated 2025 Outlook
THE WOODLANDS, Texas, May 07, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for first quarter 2025 and prov...
RioCan Real Estate Investment Trust (RIOCF) Q1 2025 Earnings Call Transcript
RioCan Real Estate Investment Trust (OTCPK:RIOCF) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Jennifer Suess – Senior Vice President, General Counsel, ESG and Corpora...
Ring Energy Updates Second Quarter 2025 Guidance
~ Reaffirms Sales Volume Guidance and Substantially Reduces Capital Guidance ~ ~ Reaffirms Sales Volume Guidance and Substantially Reduces Capital Guidance ~
Ring Energy Provides Operational Update - Amended to Correct Wells Drilled in First Quarter 2025
~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 18, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided ...
Ring Energy Provides Operational Update
~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 17, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided ...
Ring Energy Provides Board of Directors Update
THE WOODLANDS, Texas, April 11, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an update concerning its Board of Directors (the “Board”), incl...
Ring Energy Announces the Closing of the Lime Rock Permian Basin Assets Acquisition
THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced that it has completed its previously-announced acquisition (the “Tra...
Ring Energy: Central Basin Platform Acquisition Increases Its Leverage Again
Ring made a $100 million acquisition, 90% in cash (including deferred payments). The acquisition price appears okay by itself, but this will increase Ring's projected leverage to near 2.0x at the end ...
Ring Energy: Results Show Benefits Of Acquisition Strategy
Ring Energy's recent acquisition aims to boost free cash flow. Management's strategy shift post-COVID has been successful. The latest acquisition is expected to improve the debt ratio.
Ring Energy to Participate in Water Tower Research Fireside Chat on April 1, 2025
THE WOODLANDS, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in a fireside chat with Water Tower Research...
Ring Energy, Inc. (REI) Q4 2024 Earnings Call Transcript
Ring Energy, Inc. (NYSE:REI) Q4 2024 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Al Petrie - Investor Relations Paul McKinney - Chairman & Chief Executive Officer Travis T...
Ring Energy Announces Fourth Quarter and Full Year 2024 Results, Year-End 2024 Proved Reserves, and 2025 Guidance
THE WOODLANDS, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the fourth quarter and fu...
Ring Energy Announces Accretive Bolt-On Acquisition
~ Capturing Synergies and Expanding Central Basin Platform Operations ~ ~ Announces Timing of Q4 and FY 2024 Earnings Release and Conference Call ~ THE WOODLANDS, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE)...
Ring Energy Eyes Production Expansion Over The Medium Term
Ring Energy operates in the Permian Basin with a high liquids mix and substantial reserve life, trading at a significant discount. Despite production increases, sales growth lagged due to lower NGL an...
Ring Energy: Help From The Matterhorn Pipeline And The Weather
Ring Energy benefits from the Matterhorn Pipeline. Winter heating season should boost net income and cash flow as prices turn positive. Increased pipeline and export capacity are bullish for Ring Ener...
Ring Energy Announces Issuance of 2024 Sustainability Report
THE WOODLANDS, Texas, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that it has issued its 2024 Sustainability Report (the “2024 Re...
RioCan: A Retail Real Estate King With A Safe, Well-Covered Dividend
RioCan holds 186 prime retail and mixed-use properties across major Canadian cities, with high-demand supporting rising rents and property values. The REIT boasts a 97.8% overall occupancy rate and hi...
Ring Energy Announces Addition to Management Team
THE WOODLANDS, Texas, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the addition of a new senior technical executive.
Ring Energy: APA Transaction Points To Potential Upside
APA sold CBP and NW Shelf assets for $950 million. The metrics for this deal suggest a valuation for Ring's shares that could be approximately 50% to 100% higher than its current share price. Ring wil...
RioCan Real Estate Investment Trust (RIOCF) Q3 2024 Earnings Call Transcript
RioCan Real Estate Investment Trust (OTCPK:RIOCF) Q3 2024 Earnings Conference Call November 12, 2024 10:00 AM ET Company Participants Jennifer Suess - Senior Vice President, General Counsel, ESG and C...
Ring Energy: Founders Acquisition Has Paid Off
Ring Energy's Founders acquisition increased production and profitability, aiding debt repayment despite being financed entirely with debt. The startup of the Matterhorn Express Pipeline will improve ...
Ring Energy, Inc. (REI) Q3 2024 Earnings Call Transcript
Ring Energy, Inc. (NYSE:REI) Q3 2024 Earnings Conference Call November 7, 2024 12:00 PM ET Company Participants Al Petrie - Investor Relations Paul McKinney - Chief Executive Officer and Chairman of ...
Ring Energy Announces Third Quarter 2024 Results, Provides Guidance For Fourth Quarter and Updates Full Year 2024 Outlook
~ Q3 2024 Highlighted by Record Sales, Strategic Divestiture and Meaningful Debt Reduction ~ THE WOODLANDS, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or t...