NYSEAMERICAN:REI - Ring Energy Stock Price & Analysis

About Ring Energy (NYSEAMERICAN:REI)

(NYSEAMERICAN:REI) Ring Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas and New Mexico. As of December 31, 2019, the company's proved reserves consisted of approximately 81.1 million barrel of oil equivalent. It also had interests in 18,372 net developed acres and 47,427 net undeveloped acres in Andrews and Gaines counties, Texas; 19,138 net developed acres and 860 net undeveloped acres in Culberson and Reeves counties, Texas; and 8,085 net developed acres and 28,514 net undeveloped acres in Gaines, Yoakum, Runnels, and Coke Counties, 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 founded in 2004 and is headquartered in Midland, Texas.

REI Stock Price

Statistics Highlights (NYSEAMERICAN:REI)

Shares Outstanding	100.19M	Beta	2.13
Public Float	72.39M	P/E Ratio	127.33
% Short of Float	-	Dividend (Yield)	-
Held by Insiders	30.82%	Ex-Dividend Date
Held by Institutions	24.67%	IPO Date	Apr 10, 2007

Explore More on "Statistics" Section

REI Financial Summary

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	Dec 21	Dec 20	Dec 19
Revenue	$196.31M	$113.03M	$195.70M
EBITDA	$26.09M	$-198.78M	$57.15M
Net Income	$3.32M	$-253.41M	$29.50M
Total Assets	$684.16M	$663.46M	$973.01M
Total Cash	$2.41M	$3.58M	$10.00M
Total Debt	$292.33M	$313.13M	$369.07M

	Dec 21	Sep 21	Jun 21
Revenue	$-37.47M	$49.38M	$47.76M
EBITDA	$9.10M	$26.98M	$-2.77M
Net Income	$24.11M	$14.16M	$-15.89M
Total Assets	$684.16M	$678.62M	$675.70M
Total Cash	$2.41M	$2.05M	$2.67M
Total Debt	$292.33M	$298.12M	$303.02M

REI Stock Price History

Ring Energy Annual Stock Price History

Year	Open	Close	Change
2021	$2.26	$3.94	74.34%
2021	$0.67	$2.26	237.82%
2020	$2.50	$0.67	-73.24%

Ring Energy Daily Stock Price History

Date	Open	High	Low	Close	Change	Volume
Jun 17, 2022	$3.93	$3.98	$3.49	$3.50	-16.27%	4.07M
Jun 14, 2022	$4.35	$4.40	$4.13	$4.18	-7.11%	1.26M
Jun 9, 2022	$4.66	$4.69	$4.46	$4.50	-4.05%	2.63M

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(NYSEAMERICAN:REI) Stock Price FAQs

What is today's stock price of Ring Energy (NYSEAMERICAN:REI)?

The current stock price of Ring Energy (NYSEAMERICAN:REI) is $3.94.
Today REI stock price opened at $3.77 after previous close of $3.82.
During the day, Ring Energy stock quote has varied from a low of $3.77 to a high of $4.02.

What is Ring Energy's 52-week change?

REI 52-week high stock quote is $4.16, which is 5.60% above the current share price.
The Ring Energy (NYSEAMERICAN:REI) 52-week low stock price is $1.81, which is 54.10% below the current share price.
Ring Energy share price volatility (52-week beta) is 2.13.

Is Ring Energy a buy?

According to 4 analysts, the current consensus recommendation for Ring Energy stock is "Buy" at an average rating score of 4.25 (out of 5).
There are currently 2 "Strong Buy", 1 "Buy", 1 "Hold", 0 "Sell", and 0 "Strong Sell" analysts recommendations for the REI stock.
The 12 month average price target forecast for REI stock is $4.55, representing a 15.50% increase from the current REI stock price of $3.94.

Ring Energy (NYSEAMERICAN:REI) FAQ

How Much is Ring energy Worth?

Ring energy's worth today based on market capitalisation is $382.74M

How much dividend does Ring energy Pay?

The current annualized dividend payout for REI stock is $0.00, the dividend yield is 0.00% and the payout ratio is 0.00%.
View More Details on Ring energy's "Dividend" Section

When is the next earnings date for Ring energy (NYSEAMERICAN:REI)?

Ring energy is expected to report earnings on August 08 ,2022.
View More Details on Ring energy's 'Earnings' Section

What is Ring energy’s Price to Earning (PE) ratio?

Ring energy has a Price to Earning (P/E) ratio of 127.33. REI stock also has a Price to Sales (P/S) ratio of 2.04, a Price to Book of 1.25 and Price/Earnings to Growth (PEG) of 1.82.

What is the Ring energy's ticker?

Ring energy trades on the NYSE American stock market in USA under the ticker symbol "REI". Ring energy’s stock symbol can also be displayed as "NYSEAMERICAN:REI".

When did REI go public?

Ring energy completed its initial public offering (IPO) on April 10 ,2007.

Who are the owners of Ring energy?

Ring energy (NYSEAMERICAN:REI) is owned by 24.67% institutional shareholders and by 30.82% insiders. The rest is owned by the public.
Explore More Details on Ring energy's “Ownership” Section

Who are the key executives of Ring energy (REI)?

Ring energy's key executive team includes the following managers:

Mr. Paul D. McKinney, CEO & Chairman (1959)
Mr. Stephen Donald Brooks, Exec. VP of Land, Legal, HR & Marketing (1956)
Mr. Travis T. Thomas, Exec. VP, CFO, Corp. Sec. & Treasurer (1978)
Mr. Marinos Christos Baghdati, Exec. VP of Operations (1977)
Ms. Hollie Lamb, VP of Compliance & GM of the Midland - Texas Office (1976)
Mr. Alexander Dyes, Exec. VP of Engineering & Corp. Strategy (1985)
Al Petrie, Officer of Investor Relations (NA)

What is Ring energy’s Sector & Industry Classification?

Ring energy (NYSEAMERICAN:REI) is classified under the "Energy" sector and under the "Oil & Gas E&P" industry.

How many employees work for Ring energy?

Currently the number of employees working for Ring energy is 53.

Where are Ring energy's Headquarters?

Ring energy (NYSEAMERICAN:REI) is headquartered in TX, United States.

What are Ring energy's Address and Phone Number?

Ring energy’s mailing address is 1725 Hughes Landing Boulevard, The Woodlands, TX, United States, 77380.
The company’s phone number is 281 397 3699.

What is the official website for Ring energy?

Ring energy’s official website is http://www.ringenergy.com

Ring Energy Stock (NYSEAMERICAN:REI)