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


Ring Energy, Inc. (REI): $2.73

0.12 (+4.60%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

REI POWR Grades


  • REI scores best on the Momentum dimension, with a Momentum rank ahead of 94.59% of US stocks.
  • The strongest trend for REI is in Momentum, which has been heading up over the past 31 weeks.
  • REI ranks lowest in Stability; there it ranks in the 3rd percentile.

REI Stock Summary

  • Of note is the ratio of Ring Energy Inc's sales and general administrative expense to its total operating expenses; only 3.13% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, Ring Energy Inc is reporting a growth rate of 290.75%; that's higher than 93.23% of US stocks.
  • The volatility of Ring Energy Inc's share price is greater than that of 96.15% US stocks with at least 200 days of trading history.
  • Stocks that are quantitatively similar to REI, based on their financial statements, market capitalization, and price volatility, are IPHA, XELB, WTT, TDW, and EMAN.
  • 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 53.33% higher, now standing at 2.3.
  • Over the past 174 months, REI's EV/EBIT ratio has gone up 330.8.
  • Over the past 174 months, REI's price/earnings ratio has gone up 324.7.

Below are key valuation metrics over time for REI.

Stock Date P/S P/B P/E EV/EBIT
REI 2020-08-27 0.4 0.1 -0.6 -5.1
REI 2019-07-10 1.7 0.5 16.0 22.2
REI 2013-05-23 40.6 4.0 -52.3 -46.3
REI 2012-08-27 181.0 7.5 -70.0 -76.3
REI 2010-03-04 NA 13.4 -42.5 -39.2
REI 2009-07-06 NA 7.9 -56.9 -48.1

REI Growth Metrics

  • Its 5 year net income to common stockholders growth rate is now at 5410.89%.
  • Its year over year net cashflow from operations growth rate is now at -51.49%.
  • Its 5 year revenue growth rate is now at 475.19%.
REI's revenue has moved down $2,854,779 over the prior 30 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
2021-03-31 112.9573 60.30918 -316.282
2020-12-31 113.0251 72.15926 -253.4118
2020-12-31 113.0251 72.15926 -253.4118
2020-09-30 133.9047 88.93131 -97.01405
2020-06-30 152.7772 101.3906 -85.16409
2020-03-31 193.4748 124.3241 62.21123

REI Stock Price Chart Interactive Chart >

Price chart for REI

REI Price/Volume Stats

Current price $2.73 52-week high $3.36
Prev. close $2.61 52-week low $0.43
Day low $2.52 Volume 1,190,300
Day high $2.78 Avg. volume 4,478,833
50-day MA $2.70 Dividend yield N/A
200-day MA $1.82 Market Cap 271.02M

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.

REI Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$2.73$825.99 37107%

We started the process of determining a valid price forecast for Ring Energy Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Ring Energy Inc ranked in the 99th percentile in terms of potential gain offered. Our DCF analysis implies the stock could yield a return of 37289.17% if fairly valued; such returns are always unlikely, though, so further investigation is likely warranted. The most interesting components of our discounted cash flow analysis for Ring Energy Inc ended up being:

  • The company's balance sheet shows it gets 42% of its capital from equity, and 58% of its capital from debt. Its equity weight surpasses that of only 22.88% of free cash flow generating stocks in the Energy sector.
  • Ring Energy Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -18.56. This coverage rate is greater than that of only 4.46% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%36377%
1%36742%
2%37107%
3%37472%
4%37836%
5%38201%

PAGP, TH, GEOS, BKEP, and SDLPQ can be thought of as valuation peers to REI, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.


REI Latest News Stream


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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.

Ring Energy (REI) Earnings Expected to Grow: Should You Buy?

Ring Energy (REI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | August 2, 2021

Two Stocks to Survive the Pandemic With Insider Buying

Real Money contributor Bret Jensen says investors who are overweight the biotech sector should consider these stocks less likely to be affected by COVID volatility.

Yahoo | July 29, 2021

Ring Energy Rearranges Its Hedges To Improve 2021 Cash Flow

zhengzaishuru/iStock via Getty ImagesRing Energy (REI) continues to make progress in improving its financial state. Ring's net debt is still a bit on the high side, but the current commodity pricing environment is favorable for its ability to reduce its debt. Ring has a solid amount of liquidity since its...

Elephant Analytics on Seeking Alpha | July 28, 2021

Ring Energy Schedules Second Quarter 2021 Earnings Release and Conference Call

THE WOODLANDS, Texas, July 27, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) today announced the timing of its second quarter 2021 earnings release and conference call.

Intrado Digital Media | July 27, 2021

7 Most Promising Penny Stocks to Achieve Your Multibagger Dreams

Penny stocks are a great entry into the market.

Alex Sirois on InvestorPlace | July 21, 2021

Read More 'REI' Stories Here

REI Price Returns

1-mo N/A
3-mo 25.23%
6-mo 67.48%
1-year 137.39%
3-year -76.94%
5-year -69.80%
YTD 313.70%
2020 -75.00%
2019 -48.03%
2018 -63.45%
2017 7.01%
2016 84.26%

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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