Ring Energy, Inc. (REI): Price and Financial Metrics

REI POWR Grades

• REI scores best on the Momentum dimension, with a Momentum rank ahead of 99.64% of US stocks.
• REI's strongest trending metric is Growth; it's been moving down over the last 177 days.
• REI ranks lowest in Growth; there it ranks in the 14th percentile.

REI Stock Summary

• With a price/earnings ratio of 2.69, RING ENERGY INC P/E ratio is greater than that of about just 4.61% of stocks in our set with positive earnings.
• Price to trailing twelve month operating cash flow for REI is currently 2.22, higher than merely 9.51% of US stocks with positive operating cash flow.
• In terms of twelve month growth in earnings before interest and taxes, RING ENERGY INC is reporting a growth rate of -164.18%; that's higher than just 9.79% of US stocks.
• Stocks that are quantitatively similar to REI, based on their financial statements, market capitalization, and price volatility, are RLJ, SXC, PANL, ICD, and LPG.
• REI's SEC filings can be seen here. And to visit RING ENERGY INC's official web site, go to www.ringenergy.com.

REI Valuation Summary

• REI's price/earnings ratio is 2.8; this is 71.43% lower than that of the median Energy stock.
• REI's EV/EBIT ratio has moved up 337.7 over the prior 188 months.

Below are key valuation metrics over time for REI.

REI Growth Metrics

The 4 year price growth rate now stands at -92.14%.
• Its year over year revenue growth rate is now at 99.18%.
• Its year over year price growth rate is now at 93.81%.

Over the past 70 months, REI's revenue has gone up $233,804,305.

The table below shows REI's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-06-30	262.1862	105.8829	87.33261
2022-03-31	224.9845	81.48329	29.50103
2021-12-31	196.306	72.73121	3.322892
2021-09-30	167.9905	76.77939	-181.0436
2021-06-30	150.0809	73.98385	-197.1691
2021-03-31	112.9573	60.30918	-316.282

REI's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• REI has a Quality Grade of C, ranking ahead of 49.03% of graded US stocks.
• REI's asset turnover comes in at 0.211 -- ranking 108th of 137 Petroleum and Natural Gas stocks.
• AXAS, PSX, and TREC are the stocks whose asset turnover ratios are most correlated with REI.

The table below shows REI's key quality metrics over time.