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

Ring Energy, Inc. (REI): $1.47

0.04 (+2.80%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

C

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Industry: Energy - Drilling

Industry

F

Ranked

#4 of 14

in industry

REI Price/Volume Stats

Current price $1.47 52-week high $2.43
Prev. close $1.43 52-week low $1.25
Day low $1.43 Volume 1,642,500
Day high $1.49 Avg. volume 1,731,714
50-day MA $1.40 Dividend yield N/A
200-day MA $1.73 Market Cap 287.58M

REI Stock Price Chart Interactive Chart >

REI POWR Grades

  • REI scores best on the Value dimension, with a Value rank ahead of 92.84% of US stocks.
  • REI's strongest trending metric is Growth; it's been moving up over the last 26 weeks.
  • REI ranks lowest in Stability; there it ranks in the 14th percentile.

REI Stock Summary

  • With a price/earnings ratio of 4.29, RING ENERGY INC P/E ratio is greater than that of about only 4.09% of stocks in our set with positive earnings.
  • The price/operating cash flow metric for RING ENERGY INC is higher than only 3.91% of stocks in our set with a positive cash flow.
  • Of note is the ratio of RING ENERGY INC's sales and general administrative expense to its total operating expenses; only 10.7% of US stocks have a lower such ratio.
  • Stocks with similar financial metrics, market capitalization, and price volatility to RING ENERGY INC are OSG, DAC, AHCO, FSP, and AMPY.
  • Visit REI's SEC page to see the company's official filings. To visit the company's web site, go to www.ringenergy.com.

REI Valuation Summary

  • In comparison to the median Energy stock, REI's price/sales ratio is 40.74% lower, now standing at 0.8.
  • REI's price/sales ratio has moved NA NA over the prior 204 months.

Below are key valuation metrics over time for REI.

Stock Date P/S P/B P/E EV/EBIT
REI 2023-12-28 0.8 0.4 4.3 6.9
REI 2023-12-27 0.8 0.4 4.4 7.0
REI 2023-12-26 0.8 0.4 4.5 7.0
REI 2023-12-22 0.8 0.4 4.4 7.0
REI 2023-12-21 0.8 0.4 4.3 6.9
REI 2023-12-20 0.8 0.4 4.3 6.9

REI Growth Metrics

    Its 4 year cash and equivalents growth rate is now at -77.39%.
  • Its 2 year price growth rate is now at 455.84%.
  • The 5 year revenue growth rate now stands at 422.88%.
REI's revenue has moved up $270,217,358 over the prior 67 months.

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
2022-09-30 307.219 156.543 148.2546
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

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.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.211 0.697 -0.164
2021-03-31 0.150 0.631 -0.303
2020-12-31 0.135 0.627 -0.210
2020-12-31 0.135 0.627 -0.210
2020-09-30 0.146 0.662 -0.077
2020-06-30 0.161 0.660 -0.064

Ring Energy, Inc. (REI) Company Bio


Ring Energy engages in the exploration, development, and production of oil and gas. The company was founded in 2004 and is based in Midlands, Texas.


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Latest REI News From Around the Web

Below are the latest news stories about RING ENERGY INC that investors may wish to consider to help them evaluate REI as an investment opportunity.

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Matthew Farley on InvestorPlace | December 28, 2023

Ring Energy Announces Issuance of 2023 Sustainability Report

THE WOODLANDS, Texas, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that it has issued its 2023 Sustainability Report (the “2023 Report”), which is available on the Company’s website at www.ringenergy.com under the “Sustainability” tab. The report provides updated and comprehensive information about Ring’s Environmental, Social and Governance (“ESG”) initiatives and related key performance indicators. In the creation of the doc

Yahoo | December 28, 2023

Ring Energy Announces Successful Results of Senior Credit Facility Fall 2023 Redetermination and Final Payment for Founders Property Acquisition

THE WOODLANDS, Texas, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that the borrowing base was reaffirmed at $600 million under its $1.0 billion senior revolving credit facility (the “Credit Facility”). In addition, the Company announced that it had recently made the final payment of $11.9 million on its previously-announced acquisition of the Central Basin Platform assets of Founders Oil & Gas IV, LLC (“Founders”). The paymen

Yahoo | December 21, 2023

11 Best Fundamentally Strong Penny Stocks To Invest In

In this article, we will take a detailed look at the 11 Best Fundamentally Strong Penny Stocks To Invest In. For a quick overview of such stocks, read our article 5 Best Fundamentally Strong Penny Stocks To Invest In. Investors spent most of 2023 looking over their shoulders for the next Fed decision and that next important CPI or […]

Yahoo | December 16, 2023

Sidoti Events, LLC's Virtual December Small-Cap Conference

NEW YORK, NY / ACCESSWIRE / December 5, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December ...

Yahoo | December 5, 2023

Read More 'REI' Stories Here

REI Price Returns

1-mo 7.30%
3-mo -9.82%
6-mo N/A
1-year -36.09%
3-year -31.94%
5-year -76.67%
YTD 0.68%
2023 -40.65%
2022 7.89%
2021 245.51%
2020 -75.00%
2019 -48.03%

Continue Researching REI

Here are a few links from around the web to help you further your research on Ring Energy Inc's stock as an investment opportunity:

Ring Energy Inc (REI) Stock Price | Nasdaq
Ring Energy Inc (REI) Stock Quote, History and News - Yahoo Finance
Ring Energy Inc (REI) Stock Price and Basic Information | MarketWatch

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