Ring Energy, Inc. (REI)
- 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.comRecent News: REI
Performance Overview: REI
Trailing total returns as of 5/14/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: REI
Valuation Measures
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
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