Ring Energy, Inc. (REI): Price and Financial Metrics
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REI POWR Grades
- REI scores best on the Momentum dimension, with a Momentum rank ahead of 96.89% of US stocks.
- The strongest trend for REI is in Momentum, which has been heading down over the past 177 days.
- REI ranks lowest in Stability; there it ranks in the 13th percentile.
REI Stock Summary
- REI's current price/earnings ratio is 2.95, which is higher than only 3.71% of US stocks with positive earnings.
- In terms of twelve month growth in earnings before interest and taxes, RING ENERGY INC is reporting a growth rate of -218.85%; that's higher than only 7.22% of US stocks.
- Revenue growth over the past 12 months for RING ENERGY INC comes in at 82.88%, a number that bests 89.83% of the US stocks we're tracking.
- Stocks that are quantitatively similar to REI, based on their financial statements, market capitalization, and price volatility, are ADV, SKT, VAL, UBA, and PDS.
- 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/sales ratio is 1.4; this is 3.7% higher than that of the median Energy stock.
- Over the past 192 months, REI's price/sales ratio has gone NA NA.
Below are key valuation metrics over time for REI.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| REI | 2023-01-13 | 1.4 | 0.8 | 2.8 | 5.0 |
| REI | 2023-01-12 | 1.4 | 0.8 | 2.8 | 5.0 |
| REI | 2023-01-11 | 1.3 | 0.8 | 2.7 | 4.9 |
| REI | 2023-01-10 | 1.3 | 0.8 | 2.7 | 4.9 |
| REI | 2023-01-09 | 1.3 | 0.8 | 2.7 | 4.9 |
| REI | 2023-01-06 | 1.3 | 0.8 | 2.7 | 4.9 |
REI Growth Metrics
- Its 2 year price growth rate is now at 455.84%.
- Its 4 year price growth rate is now at -93.54%.
- Its year over year revenue growth rate is now at 99.18%.
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 |
REI Stock Price Chart Interactive Chart >
REI Price/Volume Stats
| Current price | $2.35 | 52-week high | $5.09 |
| Prev. close | $2.45 | 52-week low | $2.14 |
| Day low | $2.33 | Volume | 1,161,771 |
| Day high | $2.46 | Avg. volume | 1,755,822 |
| 50-day MA | $2.46 | Dividend yield | N/A |
| 200-day MA | $3.09 | Market Cap | 409.87M |
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.
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.
7 Penny Stocks That Will Make You Rich in 10 YearsAlthough speculative investments pose dangers, the risk-tolerant may appreciate the penny stocks that will make you rich in 10 years. |
Ring Energy May Only Chime For SomeWhile Ring Energy is not appropriate for dividend seekers, the company has interesting assets and production. Find out why I recommend REI stock as a Hold. |
Ring Energy Inc. (REI) is an excellent investment, but the stock is overvalued/undervalued right nowIn Wednesday’s session, Ring Energy Inc. (AMEX:REI) marked $2.28 per share, up from $2.23 in the previous session. While Ring Energy Inc. has overperformed by 2.24%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, REI fell by -12.64%, with highs and lows ranging from $5.09 to […] |
Ring Energy: Right Place Right Time (NYSE:REI)Ring Energy has improved cash flow and extremely profitable wells. Click here to find out why REI is a Buy. |
Ring Energy Announces Issuance of 2022 Sustainability ReportTHE WOODLANDS, Texas, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that it has issued its 2022 Sustainability Report , which is available on the Company’s website at www.ringenergy.com under the “Sustainability” tab. |
REI Price Returns
| 1-mo | -4.47% |
| 3-mo | -26.10% |
| 6-mo | -11.99% |
| 1-year | -7.84% |
| 3-year | 8.80% |
| 5-year | -82.97% |
| YTD | -4.47% |
| 2022 | 7.89% |
| 2021 | 245.51% |
| 2020 | -75.00% |
| 2019 | -48.03% |
| 2018 | -63.45% |
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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