Ring Energy, Inc. (REI)
| Market Cap | 181.30M |
| Revenue (ttm) | 133.90M |
| Net Income (ttm) | -97.01M |
| Shares Out | 67.98M |
| EPS (ttm) | -1.30 |
| PE Ratio | n/a |
| Forward PE | 67.57 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | February 26 |
| Last Price | $2.22 |
| Previous Close | $2.45 |
| Change ($) | -0.23 |
| Change (%) | -9.39% |
| Day's Open | 2.25 |
| Day's Range | 2.15 - 2.41 |
| Day's Volume | 6,670,253 |
| 52-Week Range | 0.43 - 2.85 |
THE WOODLANDS, Texas--(BUSINESS WIRE)--Ring Energy, Inc., Announces Relocation of its Headquarters From Midland, Texas to The Woodlands, Texas
Major shareholders voice their discontent. There will probably be a protest part of the vote by either withholding votes or voting against management.
Investors need to pay close attention to Ring Energy (REI) stock based on the movements in the options market lately.
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Announces Results Of Fall 2020 Redetermination Of Its Senior Credit Facility
The stock offering will dilute shareholders significantly. It now appears that buying production is cheaper than drilling for production.
HOUSTON, Dec. 17, 2020 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE: REI),...
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”) announced today executive management changes effective December 31, 2020. The Company has announced...
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc., Announces Results of Proxy Vote for the 2021 Board of Directors
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Initiates Year End Drilling Program
HOUSTON, Dec. 2, 2020 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE: REI), ...
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy Announces Executive Management Changes
Ring Energy, Inc. (REI) CEO Paul McKinney on Q3 2020 Results - Earnings Call Transcript
Ring Energy, Inc.'s (REI) CEO Paul McKinney on Q3 2020 Results - Earnings Call Transcript
Ring Energy (REI) delivered earnings and revenue surprises of 350.00% and 15.03%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Announces Financial and Operational Results For the Three and Nine-Month Periods Ending September 30, 2020
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Schedules Conference Call On Its Third Quarter 2020 Financial and Operating Highlights
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Terminates Purchase and Sale Agreement of Its Delaware Basin Acreage
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc Announces The Appointments of Mr. John A. Crum and Mr. Richard E. Harris To The Board of Directors
Ring Energy (REI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Releases Third Quarter 2020 Operations Update
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Prices $20 Million Public Offering and Concurrent Registered Direct Offering At A 5.7% Premium To Prior Day Close
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Announces Proposed Public Offering
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Announces Cancellation of Registered Direct Offering
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Announces the Appointment of Mr. Thomas Mitchell to the Board of Directors
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Announces $18 Million Registered Direct Offering Priced At-The-Market
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc., Provides Update on the Sale of Its Delaware Basin Acreage
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc., Appoints Mr. Paul D. McKinney Chief Executive Officer / Chairman of the Board
Ring Energy, Inc. (REI) CEO Kelly Hoffman on Q2 2020 Results - Earnings Call Transcript
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Announces Second Quarter and Six Month 2020 Financial and Operational Results
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Schedules Conference Call on Its 2nd Quarter 2020 Financial and Operating Highlights
Ring Energy (REI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. Releases 2nd Quarter 2020 Operations Update
Ring Energy (REI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
Ring Energy: Escapes Its Borrowing Base Redetermination With A 12% Reduction
As of late, it has definitely been a great time to be an investor of Ring Energy
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Ring Energy, Inc. (REI) CEO Kelly Hoffman on Q1 2020 Results - Earnings Call Transcript
Ring Energy, Inc. (REI) CEO Kelly Hoffman on Q4 2019 Results - Earnings Call Transcript
Ring Energy (REI) delivered earnings and revenue surprises of 13.33% and 0.41%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
While a substantial ramp-up in output is expected to have driven Ring Energy's (REI) fourth-quarter 2019 earnings, lower commodity prices might dampen its overall results.
Ring Energy (REI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ring Energy: Free Cash Flow Is Really Not Part Of The Strategy
Is (REI) Outperforming Other Oils-Energy Stocks This Year?
About REI
Ring Energy, an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas and New Mexico. As of December 31, 2019, the company's proved reserves consisted of approximately 81.1 million barrel of oil equivalent. It also had interests in 18,372 net developed acres and 47,427 net undeveloped acres in Andrews and Gaines counties, Texas; 19,138 net developed acres and 860 net undeveloped acres in Culberson and Reeves counties, Texas; and 8,085 net developed acres and 28,514 net undeveloped acres ... [Read more...]
| Industry Oil & Gas E&P | Founded 2004 |
| CEO Kelly Hoffman | Employees 58 |
| Stock Exchange NYSEAMERICAN | Ticker Symbol REI |
Financial Performance
In 2019, Ring Energy's revenue was $195.70 million, an increase of 63.00% compared to the previous year's $120.07 million. Earnings were $29.50 million, an increase of 227.75%.
Analyst Forecasts
According to 6 analysts, the average rating for Ring Energy stock is "Hold." The 12-month stock price forecast is 1.75, which is a decrease of -21.17% from the latest price.