NYSE American - Delayed Quote USD

Ring Energy, Inc. (REI)

1.7900 +0.0200 (+1.13%)
At close: May 14 at 4:00 PM EDT
1.7900 0.00 (0.00%)
Pre-Market: 7:04 AM EDT
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DELL
  • Previous Close 1.7700
  • Open 1.7800
  • Bid --
  • Ask --
  • Day's Range 1.7400 - 1.7950
  • 52 Week Range 1.2500 - 2.4300
  • Volume 1,543,871
  • Avg. Volume 1,764,772
  • Market Cap (intraday) 354.307M
  • Beta (5Y Monthly) 1.78
  • PE Ratio (TTM) 4.47
  • EPS (TTM) 0.4000
  • Earnings Date Aug 1, 2024 - Aug 5, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 3.00

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 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 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 was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas.

www.ringenergy.com

108

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News: REI

Performance Overview: REI

Trailing total returns as of 5/14/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

REI
22.60%
S&P 500
10.00%

1-Year Return

REI
3.47%
S&P 500
27.22%

3-Year Return

REI
15.17%
S&P 500
27.58%

5-Year Return

REI
60.49%
S&P 500
86.59%

Compare To: REI

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Statistics: REI

Valuation Measures

Annual
As of 5/14/2024
  • Market Cap

    354.31M

  • Enterprise Value

    779.30M

  • Trailing P/E

    4.47

  • Forward P/E

    4.26

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.96

  • Price/Book (mrq)

    0.45

  • Enterprise Value/Revenue

    2.12

  • Enterprise Value/EBITDA

    3.65

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    22.23%

  • Return on Assets (ttm)

    5.72%

  • Return on Equity (ttm)

    10.41%

  • Revenue (ttm)

    349.32M

  • Net Income Avi to Common (ttm)

    77.66M

  • Diluted EPS (ttm)

    0.4000

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.38M

  • Total Debt/Equity (mrq)

    53.77%

  • Levered Free Cash Flow (ttm)

    3.49M

Research Analysis: REI

Company Insights: REI

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