Want to see REI full AI Analyst Report?
REI Stock Chart & Stats
$1.44
-$0.04(-3.05%)
At close: 4:00 PM EDT
$1.44
-$0.04(-3.05%)
Day’s Range― - ―
52-Week Range$0.83 - $2.00
Previous CloseN/A
Volume2.92M
Average Volume (3M)3.36M
Market Cap
$390.81M
Enterprise Value$619.48
Total Cash (Recent Filing)$1.14M
Total Debt (Recent Filing)$363.78M
Price to Earnings (P/E)―
Beta0.54
Next Earnings
Nov 11, 2026EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.10
Shares Outstanding260,539,600
10 Day Avg. Volume3,102,716
30 Day Avg. Volume3,356,752
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.21
Price to Sales (P/S)0.58
P/FCF Ratio3.39
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$2.08Price Target Upside44.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)0.24
Revenue Forecast (FY)$343.65M
Bulls Say, Bears Say
Bulls Say
Production Growth And InventoryHigher planned production and a multi-year inventory runway support sustained drilling activity and revenue potential. The shift toward longer laterals, stacked-pay development and centralized infrastructure could improve recovery and capital efficiency over time.
Cost And Capital EfficiencyLower unit costs and longer-lateral development can strengthen well economics and cash margins across future production. Infrastructure improvements and co-developed pads may reduce capital intensity, supporting better returns as the development program expands.
Operating Cash Flow And LiquidityPositive operating cash flow provides internal funding for development despite volatile earnings. The equity-funded debt reduction and larger liquidity position improve financial flexibility, support ongoing operations and create a foundation for continued deleveraging.
Bears Say
Severe Profitability VolatilityThe sharp deterioration in TTM earnings indicates that revenue growth has not translated reliably into profits. Large margin swings can weaken retained capital, complicate development planning and reduce the business's ability to self-fund expansion consistently.
Leverage And Hedging ConstraintsDebt remains material relative to management's target, limiting financial flexibility and keeping credit-related hedging requirements in place. Until further deleveraging occurs, Ring may have less ability to capture favorable commodity prices or redirect capital freely.
Natural Gas Takeaway PressurePersistent regional infrastructure constraints reduce realized gas prices and weaken netbacks from associated production. Management expects only gradual improvement, so takeaway limitations may continue to suppress cash generation and dilute the benefit of higher overall production.
Ring Energy News
REI FAQ
What was Ring Energy’s price range in the past 12 months?
Ring Energy lowest stock price was $0.83 and its highest was $2.00 in the past 12 months.
What is Ring Energy’s market cap?
Ring Energy’s market cap is $390.81M.
When is Ring Energy’s upcoming earnings report date?
Ring Energy’s upcoming earnings report date is Nov 11, 2026 which is in 67 days.
How were Ring Energy’s earnings last quarter?
Ring Energy released its earnings results on Aug 05, 2026. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.073 by $0.027.
Is Ring Energy overvalued?
According to Wall Street analysts Ring Energy’s price is currently Undervalued.
Does Ring Energy pay dividends?
Ring Energy does not currently pay dividends.
What is Ring Energy’s EPS estimate?
Ring Energy’s EPS estimate is 0.07.
How many shares outstanding does Ring Energy have?
Ring Energy has 260,539,600 shares outstanding.
What happened to Ring Energy’s price movement after its last earnings report?
Ring Energy reported an EPS of $0.1 in its last earnings report, beating expectations of $0.073. Following the earnings report the stock price went up 4.065%.
Which hedge fund is a major shareholder of Ring Energy?
Currently, no hedge funds are holding shares in REI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Ring Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$2.08 (44.68% Upside)
$2.08 (44.68% Upside)
Blogger Sentiment
Bullish
REI Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 140.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $336.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 4.9%
Last 30 Days ▲ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.90%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-15.48%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Ring Energy
Ring Energy, Inc. operates as an oil and natural gas exploration and production firm, concentrating its efforts on the acquisition, development, and extraction of these resources across Texas and New Mexico. By the close of 2021, specifically December 31st, the company had established proved reserves totaling roughly 77.8 million barrels of oil equivalent. Its asset portfolio includes significant acreage: 18,882 net developed acres alongside 1,406 net undeveloped acres in Texas's Andrews and Gaines counties; an additional 18,437 net developed acres situated in Culberson and Reeves counties, Texas; and a combined 13,662 net developed acres with 11,993 net undeveloped acres located across Yoakum, Runnels, and Coke Counties in Texas, as well as Lea County, New Mexico. The company's oil and natural gas output is primarily distributed to end-users, marketing firms, and other various buyers. Incorporated in 2004, Ring Energy, Inc. was initially known as Transglobal Mining Corp. until its name was officially changed in March 2008. The company's principal office is located in The Woodlands, Texas.
REI Company Deck
REI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive outlook: management reported sequential production growth, meaningful realized price gains, solid revenue ($104.7M), improved unit costs, strengthened liquidity via a $65M equity raise used to reduce revolver borrowings, and updated guidance showing 2027 volume growth (~10% BOE midpoint). The company is investing to transition to longer laterals and co-developed pads to enhance capital efficiency and expects further cost savings (~$7.5M+ potential). Headwinds include limited participation in Q2 upside due to prior hedges, continued natural gas takeaway/price pressure (–$8.14/Mcf differential), and leverage that remains above the <1.25x target (currently ~1.7x) which keeps some hedging/credit constraints in place. Overall, the highlights—growth guidance, balance sheet improvement, cost and capital-efficiency initiatives, and stronger realized oil prices—outweigh the lowlights, though material execution and market risks remain.View all REI earnings summariesREI Stock 12 Month Forecast
Average Price Target
$2.08
▲(44.68% Upside)
Technical Analysis
Ownership Overview
4.23% Insiders
9.06% Mutual Funds
9.49% Other Institutional Investors
65.87% Public Companies and
Individual Investors