Ring Energy, Inc. (REI)
Market Cap | 247.75M |
Revenue (ttm) | 365.61M |
Net Income (ttm) | 112.71M |
Shares Out | 198.20M |
EPS (ttm) | 0.57 |
PE Ratio | 2.21 |
Forward PE | 3.75 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,421,518 |
Open | 1.240 |
Previous Close | 1.250 |
Day's Range | 1.230 - 1.290 |
52-Week Range | 1.230 - 2.200 |
Beta | 1.57 |
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... [Read more]
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%.
Financial StatementsNews
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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.
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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...
Ring Energy Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
THE WOODLANDS, Texas, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its third quarter 2024 earnings release and confe...
Ring Energy to Participate in Water Tower Research Fireside Chat on October 16
THE WOODLANDS, Texas, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in a fireside chat with Water Tower Research ...
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Ring Energy: Business Confusion Tackled
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Ring Energy: Strong Sales Volume Performance Boosts Its Value
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Ring Energy Announces Participation In Enercom Denver Conference
THE WOODLANDS, Texas, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in the EnerCom Denver Conference to be held i...
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Ring Energy, Inc. (REI) Q2 2024 Earnings Call Transcript
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Ring Energy Announces Second Quarter 2024 Results, Provides Guidance for Third Quarter and Updates Full Year 2024 Outlook
THE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for second quarter 2024 and pr...
Ring Energy Provides Management Team Update
THE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced a management team update, including the addition of a new senio...
Ring Energy Announces Timing of Second Quarter 2024 Earnings Release and Conference Call
THE WOODLANDS, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its second quarter 2024 earnings release and conf...
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Ring Energy: A Founders Ticket To A Solution
Ring Energy, Inc.'s acquisition of Founders resulted in higher-than-expected production and lower costs. Despite being all debt, the Founders acquisition may be financially beneficial for the company,...
Ring Energy Increases Sales Guidance and Announces Debt Reduction Results for Second Quarter 2024
THE WOODLANDS, Texas, July 08, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today updated second quarter of 2024 sales guidance and end-of-period debt, and...
Ring Energy Announces Management Team Changes
THE WOODLANDS, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced management team changes, including the pending departure of two...
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