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Ring Energy Inc, Common Stock

REI

ASQ

$1.22

-$0.03

(-2.4%)

1D
Industry: Oil, Gas & Consumable Fuels Sector: Energy

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$247.74M
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
2.193
Volume info-icon
This is the total number of shares traded during the most recent trading day.
2.49M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.64
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$1.21 L
$2.2 H
$1.22

About Ring Energy Inc, Common Stock

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. more

Industry: Oil, Gas & Consumable FuelsSector: Energy

Returns

Time FrameREISectorS&P500
1-Week Return-8.27%-3.82%-2.6%
1-Month Return-20.78%-11.98%-1.08%
3-Month Return-26.06%-5.82%3.45%
6-Month Return-24.69%-8.05%8.57%
1-Year Return-21.79%-2.08%24.3%
3-Year Return-48.31%52.88%25.58%
5-Year Return-55.31%35.39%84.07%
10-Year Return-88.63%3.98%185.12%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue195.70M113.03M196.31M347.25M361.06M[{"date":"2019-12-31","value":54.2,"profit":true},{"date":"2020-12-31","value":31.3,"profit":true},{"date":"2021-12-31","value":54.37,"profit":true},{"date":"2022-12-31","value":96.18,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Cost of Revenue114.76M86.40M83.74M127.06M184.12M[{"date":"2019-12-31","value":62.33,"profit":true},{"date":"2020-12-31","value":46.93,"profit":true},{"date":"2021-12-31","value":45.48,"profit":true},{"date":"2022-12-31","value":69.01,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Profit80.95M26.62M112.57M220.19M176.94M[{"date":"2019-12-31","value":36.76,"profit":true},{"date":"2020-12-31","value":12.09,"profit":true},{"date":"2021-12-31","value":51.12,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":80.36,"profit":true}]
Gross Margin41.36%23.55%57.34%63.41%49.01%[{"date":"2019-12-31","value":65.23,"profit":true},{"date":"2020-12-31","value":37.15,"profit":true},{"date":"2021-12-31","value":90.43,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":77.28,"profit":true}]
Operating Expenses20.81M17.78M16.81M28.44M31.16M[{"date":"2019-12-31","value":66.79,"profit":true},{"date":"2020-12-31","value":57.07,"profit":true},{"date":"2021-12-31","value":53.96,"profit":true},{"date":"2022-12-31","value":91.29,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Operating Income60.14M8.84M95.76M191.74M145.78M[{"date":"2019-12-31","value":31.36,"profit":true},{"date":"2020-12-31","value":4.61,"profit":true},{"date":"2021-12-31","value":49.94,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":76.03,"profit":true}]
Total Non-Operating Income/Expense(30.70M)(8.37M)(106.83M)(67.87M)(84.46M)[{"date":"2019-12-31","value":-3070416800,"profit":false},{"date":"2020-12-31","value":-836914400,"profit":false},{"date":"2021-12-31","value":-10683408700,"profit":false},{"date":"2022-12-31","value":-6786810900,"profit":false},{"date":"2023-12-31","value":-8446018500,"profit":false}]
Pre-Tax Income43.28M(259.41M)3.41M147.04M104.99M[{"date":"2019-12-31","value":29.44,"profit":true},{"date":"2020-12-31","value":-176.42,"profit":false},{"date":"2021-12-31","value":2.32,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":71.4,"profit":true}]
Income Taxes13.79M(6.00M)90.34K8.41M125.24K[{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":-43.53,"profit":false},{"date":"2021-12-31","value":0.66,"profit":true},{"date":"2022-12-31","value":60.99,"profit":true},{"date":"2023-12-31","value":0.91,"profit":true}]
Income After Taxes29.50M(253.41M)3.32M138.64M104.86M[{"date":"2019-12-31","value":21.28,"profit":true},{"date":"2020-12-31","value":-182.79,"profit":false},{"date":"2021-12-31","value":2.4,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":75.64,"profit":true}]
Income From Continuous Operations29.50M(253.41M)3.32M138.64M104.86M[{"date":"2019-12-31","value":21.28,"profit":true},{"date":"2020-12-31","value":-182.79,"profit":false},{"date":"2021-12-31","value":2.4,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":75.64,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income29.50M(253.41M)3.32M138.64M104.86M[{"date":"2019-12-31","value":21.28,"profit":true},{"date":"2020-12-31","value":-182.79,"profit":false},{"date":"2021-12-31","value":2.4,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":75.64,"profit":true}]
EPS (Diluted)0.640.490.310.830.52[{"date":"2019-12-31","value":77.11,"profit":true},{"date":"2020-12-31","value":59.04,"profit":true},{"date":"2021-12-31","value":37.35,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":62.65,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

REI
Current Ratio 0.54
Quick Ratio 0.49

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

REI
ROA (LTM) 8.29%
ROE (LTM) 14.22%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

REI
Debt Ratio Lower is generally better. Negative is bad. 0.39
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.61

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

REI
Trailing PE 2.19
Forward PE 4.46
P/S (TTM) 0.68
P/B 0.29
Price/FCF 27
EV/R 1.68
EV/Ebitda 2.28
PEG 1.82

FAQs

What is Ring Energy Inc share price today?

Ring Energy Inc (REI) share price today is $1.22

Can Indians buy Ring Energy Inc shares?

Yes, Indians can buy shares of Ring Energy Inc (REI) on Vested. To buy Ring Energy Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in REI stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Ring Energy Inc be purchased?

Yes, you can purchase fractional shares of Ring Energy Inc (REI) via the Vested app. You can start investing in Ring Energy Inc (REI) with a minimum investment of $1.

How to invest in Ring Energy Inc shares from India?

You can invest in shares of Ring Energy Inc (REI) via Vested in three simple steps:

  • Click on Sign Up or Invest in REI stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Ring Energy Inc shares
What is Ring Energy Inc 52-week high and low stock price?

The 52-week high price of Ring Energy Inc (REI) is $2.2. The 52-week low price of Ring Energy Inc (REI) is $1.21.

What is Ring Energy Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Ring Energy Inc (REI) is 2.193

What is Ring Energy Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Ring Energy Inc (REI) is 0.29

What is Ring Energy Inc dividend yield?

The dividend yield of Ring Energy Inc (REI) is 0.00%

What is the Market Cap of Ring Energy Inc?

The market capitalization of Ring Energy Inc (REI) is $247.74M

What is Ring Energy Inc’s stock symbol?

The stock symbol (or ticker) of Ring Energy Inc is REI

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