Ring Energy, Inc. (REI)
NYSEAMERICAN: REI · IEX Real-Time Price · USD
1.540
-0.070 (-4.35%)
Jun 21, 2024, 4:00 PM EDT - Market closed

Ring Energy Statistics

Total Valuation

Ring Energy has a market cap or net worth of $304.82 million. The enterprise value is $726.11 million.

Market Cap 304.82M
Enterprise Value 726.11M

Important Dates

The next estimated earnings date is Thursday, August 1, 2024, after market close.

Earnings Date Aug 1, 2024
Ex-Dividend Date n/a

Share Statistics

Ring Energy has 197.94 million shares outstanding. The number of shares has increased by 9.58% in one year.

Shares Outstanding 197.94M
Shares Change (YoY) +9.58%
Shares Change (QoQ) +1.18%
Owned by Insiders (%) 12.27%
Owned by Institutions (%) 48.45%
Float 127.55M

Valuation Ratios

The trailing PE ratio is 3.85 and the forward PE ratio is 3.48. Ring Energy's PEG ratio is 1.82.

PE Ratio 3.85
Forward PE 3.48
PS Ratio 0.83
Forward PS 0.80
PB Ratio 0.38
P/FCF Ratio 5.51
PEG Ratio 1.82
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.40, with an EV/FCF ratio of 13.13.

EV / Earnings 9.35
EV / Sales 1.98
EV / EBITDA 3.40
EV / EBIT 5.93
EV / FCF 13.13

Financial Position

The company has a current ratio of 0.50, with a Debt / Equity ratio of 0.54.

Current Ratio 0.50
Quick Ratio 0.43
Debt / Equity 0.54
Debt / EBITDA 2.00
Debt / FCF 7.71
Interest Coverage 2.72

Financial Efficiency

Return on equity (ROE) is 10.20% and return on invested capital (ROIC) is 12.14%.

Return on Equity (ROE) 10.20%
Return on Assets (ROA) 5.70%
Return on Capital (ROIC) 12.14%
Revenue Per Employee $3.40M
Profits Per Employee $719,113
Employee Count 108
Asset Turnover 0.27
Inventory Turnover 13.14

Taxes

Income Tax -175,815
Effective Tax Rate -0.23%

Stock Price Statistics

The stock price has decreased by -15.38% in the last 52 weeks. The beta is 1.66, so Ring Energy's price volatility has been higher than the market average.

Beta (1Y) 1.66
52-Week Price Change -15.38%
50-Day Moving Average 1.83
200-Day Moving Average 1.69
Relative Strength Index (RSI) 35.13
Average Volume (20 Days) 1,621,113

Short Selling Information

The latest short interest is 12.89 million, so 6.51% of the outstanding shares have been sold short.

Short Interest 12.89M
Short Previous Month 13.70M
Short % of Shares Out 6.51%
Short % of Float 10.11%
Short Ratio (days to cover) 9.39

Income Statement

In the last 12 months, Ring Energy had revenue of $367.48 million and earned $77.66 million in profits. Earnings per share was $0.40.

Revenue 367.48M
Gross Profit 270.42M
Operating Income 147.74M
Pretax Income 77.49M
Net Income 77.66M
EBITDA 213.65M
EBIT 122.52M
Earnings Per Share (EPS) $0.40
Full Income Statement

Balance Sheet

The company has $5.08 million in cash and $426.37 million in debt, giving a net cash position of -$421.29 million or -$2.13 per share.

Cash & Cash Equivalents 5.08M
Total Debt 426.37M
Net Cash -421.29M
Net Cash Per Share -$2.13
Equity / Book Value 793.01M
Book Value Per Share 4.01
Working Capital -59.76M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $199.68 million and capital expenditures -$144.38 million, giving a free cash flow of $55.30 million.

Operating Cash Flow 199.68M
Capital Expenditures -144.38M
Free Cash Flow 55.30M
FCF Per Share $0.28
Full Cash Flow Statement

Margins

Gross margin is 73.59%, with operating and profit margins of 40.21% and 21.13%.

Gross Margin 73.59%
Operating Margin 40.21%
Pretax Margin 21.09%
Profit Margin 21.13%
EBITDA Margin 58.14%
EBIT Margin 33.34%
FCF Margin 15.05%

Dividends & Yields

Ring Energy does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -9.58%
Shareholder Yield -9.58%
Earnings Yield 25.48%
FCF Yield 18.14%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 2, 2008. It was a reverse split with a ratio of 1:18.

Last Split Date Jun 2, 2008
Split Type Reverse
Split Ratio 1:18

Scores

Ring Energy has an Altman Z-Score of 0.81 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.81
Piotroski F-Score 4