Ring Energy, Inc. (REI)

Stock Price: $0.718 USD 0.014 (1.96%)

Updated November 27, 11:39 AM EST - Market open

Stock Price Chart

Key Info

Market Cap	58.63M
Revenue (ttm)	133.90M
Net Income (ttm)	-97.01M
Shares Out	81.67M
EPS (ttm)	-1.30
PE Ratio	n/a
Forward PE	15.13
Dividend	n/a
Dividend Yield	n/a

Stock Quote

Trading Day	November 27
Last Price	$0.718
Previous Close	$0.704
Change ($)	0.014
Change (%)	1.96%
Day's Open	0.690
Day's Range	0.680 - 0.720
Day's Volume	401,240
52-Week Range	0.430 - 3.310

More Stats

Market Cap	58.63M
Enterprise Value	392.67M
Earnings Date (est)	Mar 17, 2021
Ex-Dividend Date	n/a
Shares Outstanding	81.67M
Float	62.42M
EPS (basic)	-1.44
EPS (diluted)	-1.30
FCF / Share	4.37

Dividend	n/a
Dividend Yield	n/a
Earnings Yield	n/a
FCF Yield	506.47%
Payout Ratio	n/a
Shares Short	10.23M
Short Ratio	6.60
Short % of Float	16.39%
Beta	2.69

PE Ratio	n/a
Forward PE	15.13
P/FCF Ratio	0.20
PS Ratio	0.44
PB Ratio	0.11
Revenue	133.90M
Operating Income	-122.33M
Net Income	-97.01M
Free Cash Flow	296.94M

Net Cash	-334.04M
Net Cash / Share	-4.09
Gross Margin	112.45%
Operating Margin	-91.36%
Profit Margin	-72.50%
FCF Margin	221.76%
ROA	3.64%
ROE	-18.37%
ROIC	-7.70%

Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (6)

Buy	0
Overweight	1
Hold	5
Underweight	0
Sell	0

What these ratings mean

Analyst Consensus: Overweight

Price Target

$1.33*

(85.26% upside)

Low

1.00

Current: $0.718

High

2.02

Target: 1.33

*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	196	120	66.70	30.85	31.01	38.09	10.32	1.76	-	0.01
Revenue Growth	63%	80.01%	116.2%	-0.53%	-18.58%	269.24%	486.97%	66875.76%	-68.27%	-
Gross Profit	138	86.63	47.57	19.48	19.59	31.34	8.63	0.89	-	-
Operating Income	60.14	19.96	15.97	-57.03	-13.31	12.57	-0.39	-2.03	-0.33	-0.06
Net Income	29.50	9.00	1.75	-37.64	-9.05	8.42	-0.45	-1.67	-0.32	-0.08
Shares Outstanding	67.81	60.54	54.15	41.92	30.39	25.73	17.80	13.54	3.58	3.55
Earnings Per Share	0.44	0.15	0.03	-0.97	-0.32	0.33	-0.03	-0.21	-0.09	-0.02
EPS Growth	193.33%	400%	-	-	-	-	-	-	-	-
Operating Cash Flow	107	70.36	42.81	11.21	9.40	33.71	8.12	-0.03	-0.32	-0.06
Capital Expenditures	-147	-203	-158	-38.34	-110	-106	-34.38	-10.38	-	-
Free Cash Flow	-40.36	-133	-115	-27.13	-100	-72.46	-26.26	-10.41	-0.32	-0.06
Cash & Equivalents	10.00	3.36	15.01	71.09	4.43	8.62	52.35	5.40	0.01	0.93
Total Debt	369	39.50	-	-	45.90	-	-	-	10.10	-
Net Cash / Debt	-359	-36.14	15.01	71.09	-41.47	8.62	52.35	5.40	-10.09	0.93
Assets	973	567	414	308	251	168	112	28.51	6.74	0.94
Liabilities	449	104	57.50	17.06	64.64	25.10	9.12	2.31	10.85	0.01
Book Value	524	463	357	291	186	143	103	26.20	-4.11	0.93

Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name	Ring Energy, Inc.
Country	United States
Employees	58
CEO	Paul D. McKinney

Stock Information

Ticker Symbol	REI
Stock Exchange	NYSE American
Sector	Energy
Industry	Oil & Gas E&P
Unique Identifier	NYSEAMERICAN: REI

Description

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 in Gaines, Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in Midland, Texas.