Ring Energy, Inc. (REI)
| Market Cap | 343.91M +52.8% |
| Revenue (ttm) | 308.34M -3.3% |
| Net Income | -220.27M |
| EPS | -1.03 |
| Shares Out | 260.54M |
| PE Ratio | n/a |
| Forward PE | 5.28 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,660,661 |
| Open | 1.300 |
| Previous Close | 1.310 |
| Day's Range | 1.290 - 1.340 |
| 52-Week Range | 0.831 - 2.000 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 2.08 (+57.58%) |
| Est. Earnings | Nov 5, 2026 |
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 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 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 company... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for REI stock is "Buy." The 12-month stock price target is $2.08, which is an increase of 57.58% from the latest price.
News
Ring Energy Transcript: Water Tower Research Virtual Insights Conference
Disciplined management, high-margin assets, and accelerated infrastructure investments are driving organic growth and capital efficiency, with a 2027 plan targeting over 10% production growth and a 1x leverage ratio. Enhanced horizontal drilling and prudent risk management position the company for sustained EBITDA and cash flow growth.
Ring Energy initiated with a Neutral at Mizuho
Mizuho analyst Nitin Kumar initiated coverage of Ring Energy (REI) with a Neutral rating and $2 price target Ring’s core strategy is to apply horizontal drilling technology to conventional reservoirs…
Ring Energy Transcript: EnerCom Denver – The Energy Investment Conference
Focused on the Central Basin Platform, the company leverages low entry costs and advanced drilling technology to drive production growth and capital efficiency. Revised 2026–2027 guidance highlights a shift to longer horizontal wells, improved margins, and robust free cash flow, supported by a flexible hedging strategy.
Ring Energy Slides: EnerCom Denver – The Energy Investment Conference
Ring Energy has posted slides in relation to its latest quarterly earnings report, which was published on August 18, 2026.
Ring Energy Earnings Call Transcript: Q2 2026
Q2 2026 saw strong production and revenue growth, improved capital efficiency, and a strengthened balance sheet through a $65 million equity raise. Updated guidance projects higher oil sales and lower costs for 2026 and 2027, with continued focus on infrastructure, longer laterals, and disciplined capital allocation.
Ring Energy Quarterly report: Q2 2026
Ring Energy has published its Q2 2026 quarterly earnings report on August 6, 2026.
Ring Energy Earnings release: Q2 2026
Ring Energy released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Ring Energy Slides: Q2 2026
Ring Energy has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Ring Energy reports Q2 adjusted EPS 10c, consensus 4c
Reports Q2 revenue $104.68M, consensus $93.29M. Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented, “The second quarter marked another period of efficient and effective exe...
Ring Energy Releases Second Quarter 2026 Results, Advances Development Program and Provides Initial 2027 Outlook
Strengthened Balance Sheet, Operational Progress and Encouraging Well Results Support Ring's Transition to Its Next Phase of Value Creation Strengthened Balance Sheet, Operational Progress and Encoura...
Ring Energy price target lowered to $2.25 from $2.50 at Alliance Global
Alliance Global lowered the firm’s price target on Ring Energy (REI) to $2.25 from $2.50 and keeps a Buy rating on the shares following the Q2 report. The company’s recent…
Ring Energy Announces Timing of Second Quarter 2026 Earnings Release and Conference Call
THE WOODLANDS, Texas, July 22, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its second quarter 2026 earnings release and conf...
Ring Energy initiated with a Buy at BofA
BofA initiated coverage of Ring Energy (REI) with a Buy rating and $2 price target The firm says the company’s net asset value is underappreciated due to negative spot price…
Ring Energy Announces Debt Paydown, Reaffirmation of Borrowing Base and Enhanced Liquidity Position
THE WOODLANDS, Texas, July 02, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that it has recently paid down debt by $66 million and that its...
Ring Energy joins Russell 3000 Index
Ring Energy (REI) announced that it has been added as a member of the broad-market Russell 3000 Index, effective when the U.S. market opens on June 29, as part of…
Ring Energy Joins Russell 3000® Index
THE WOODLANDS, Texas, June 29, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that it has been added as a member of the broad-market Russell ...
Ring Energy Transcript: Status update
A $60 million equity raise accelerates debt reduction, lowering leverage and interest costs while enhancing financial flexibility. Operational efficiencies, horizontal drilling, and infrastructure investments support sustainable growth and cost reductions. The company is positioned for long-term organic and inorganic growth, with a robust asset base and disciplined capital allocation.
Ring Energy to Participate in Water Tower Research Fireside Chat on May 20, 2026
THE WOODLANDS, Texas, May 18, 2026 (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 44.44M share Spot Secondary priced at $1.35
The deal priced below last closing price of $1.78. Mizuho, BofA and Raymond James are acting as joint book running managers for the offering.
Ring Energy Announces Pricing of Public Offering of Common Stock
THE WOODLANDS, Texas, May 12, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced today the pricing of its previously announced underwritten public offe...
Ring Energy $60M Spot Secondary; price range $1.35-$1.40
Mizuho, BofA and Raymond James are acting as joint book running managers for the offering.
Ring Energy announces $60M common stock offering
Ring Energy (REI) announced that it has commenced an underwritten public offering of $60M of shares of its common stock. The company intends to use the net proceeds from the…
Ring Energy Announces Proposed Public Offering of Common Stock
THE WOODLANDS, Texas, May 12, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced today that it has commenced an underwritten public offering of $60,000...
Ring Energy Earnings Call Transcript: Q1 2026
Q1 2026 results met guidance, with strong cost control, positive free cash flow, and accelerated infrastructure investments to support horizontal drilling and future growth. Debt reduction was temporarily paused but will resume as cash flow strengthens.
Ring Energy Quarterly report: Q1 2026
Ring Energy has published its Q1 2026 quarterly earnings report on May 7, 2026.