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Ring Energy (REI)
NYSE MKT:REI
Holding REI?
Track your performance easily
REI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.25 - $2.20
Previous Close$1.58
Volume2.78M
Average Volume (3M)1.66M
Market Cap
$313.11M
Enterprise Value$724.28M
Total Cash (Recent Filing)$1.18M
Total Debt (Recent Filing)$412.35M
Price to Earnings (P/E)4.4
Beta1.04
Next Earnings
Nov 06, 2024EPS Estimate
$0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.36
Shares Outstanding198,172,372
10 Day Avg. Volume1,242,840
30 Day Avg. Volume1,662,217
Standard Deviation0.26
R-Squared0.11
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.38
Price to Sales (P/S)0.81
Price to Cash Flow (P/CF)1.60
P/FCF Ratio5.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.95
Enterprise Value/Gross Profit4.09
Enterprise Value/Ebitda2.91
Forecast
1Y Price Target
$3.00Price Target Upside81.82% Upside
Rating ConsensusHold
Number of Analyst Covering2
Ring Energy News
PremiumCompany Announcements
Ring Energy Welcomes New VP and Updates Stakeholder Materials
PremiumPress Releases
Ring Energy Provides Management Team Update
PremiumCompany Announcements
Ring Energy Announces Improved Sales and Debt ReductionRisk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
REI FAQ
What was Ring Energy’s price range in the past 12 months?
Ring Energy lowest stock price was $1.25 and its highest was $2.20 in the past 12 months.
What is Ring Energy’s market cap?
Currently, no data Available
When is Ring Energy’s upcoming earnings report date?
Ring Energy’s upcoming earnings report date is Nov 06, 2024 which is in 50 days.
How were Ring Energy’s earnings last quarter?
Ring Energy released its earnings results on Aug 06, 2024. The company reported $0.12 earnings per share for the quarter, the consensus estimate of $0.12 by $0.
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 $0.11.
How many shares outstanding does Ring Energy have?
Ring Energy has 198,172,380 shares outstanding.
What happened to Ring Energy’s price movement after its last earnings report?
Ring Energy reported an EPS of $0.12 in its last earnings report, expectations of $0.12. Following the earnings report the stock price went down -2.339%.
Which hedge fund is a major shareholder of Ring Energy?
Among the largest hedge funds holding Ring Energy’s share is Graham Capital Management, L.P.. It holds Ring Energy’s shares valued at 142K.
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Ring Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$3.00 (81.82% Upside)
$3.00 (81.82% Upside)
Blogger Sentiment
Bullish
REI Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 70.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.6%
Last 30 Days ▼ 9.9%
Last 30 Days ▼ 9.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-18.97%
12-Months-Change
Fundamentals
Return on Equity
9.16%
Trailing 12-Months
Asset Growth
8.40%
Trailing 12-Months
Company Description
Ring Energy
Ring Energy, Inc. is an oil and gas exploration company which engages in oil and natural gas acquisition, exploration, development and production activities. The firm's areas of operation situated in the Permian Basin; the Central Basin Platform and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is headquartered in Midland, TX.
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REI Company Deck
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REI Earnings Call
Q2 2024
0:00 / 0:00
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REI Stock 12 Month Forecast
Average Price Target
$3.00
▲(81.82% Upside)
Technical Analysis
Best Analysts Covering REI
1 Year
1 Year Success Rate
1/18 ratings generated profit
1 Year Average Return
-54.47%
reiterated a buy rating 8 months ago
Copying Jeff Grampp's trades and holding each position for 1 Year would result in 5.56% of your transactions generating a profit, with an average return of -54.47% per trade.
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