Ring Energy, Inc. (REI)

Market Cap	185.49M
Revenue (ttm)	350.21M
Net Income (ttm)	67.47M
Shares Out	206.51M
EPS (ttm)	0.34
PE Ratio	2.64
Forward PE	2.53
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,443,685
Open	0.8700
Previous Close	0.8362
Day's Range	0.8700 - 0.9288
52-Week Range	0.7800 - 2.1200
Beta	1.08
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...

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 2004
• Employees: 115
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: REI
• Website: https://www.ringenergy.com

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%.