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


Ring Energy, Inc. (REI): $2.37

0.17 (+7.73%)

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 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.

Stock Date P/S P/B P/E EV/EBIT
REI 2022-09-23 0.9 0.7 2.8 5.1
REI 2022-09-22 1.0 0.7 3.1 5.2
REI 2022-09-21 1.1 0.8 3.2 5.3
REI 2022-09-20 1.1 0.8 3.2 5.4
REI 2022-09-19 1.2 0.8 3.5 5.6
REI 2022-09-16 1.2 0.8 3.5 5.6

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.

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 >

Price chart for REI

REI Price/Volume Stats

Current price $2.37 52-week high $5.09
Prev. close $2.20 52-week low $2.02
Day low $2.18 Volume 1,636,400
Day high $2.40 Avg. volume 2,669,873
50-day MA $2.80 Dividend yield N/A
200-day MA $3.24 Market Cap 309.48M

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.

7 Best Natural Gas Stocks to Buy Now

Though the concept may involve cynical thinking, the reality remains that the combination of domestic demand and a worsening geopolitical framework bode well for the best natural gas stocks to buy now. Fundamentally, most eyes are focused on Russia’s invasion of Ukraine and its associated events. Outraged at the brazen military action, the U.S. and its Western allies imposed sanctions on Russia. The Kremlin in turn responded with tit-for-tat penalties. However, the Kremlin upped the ante recentl

Yahoo | September 12, 2022

Ring Energy Announces the Closing of the Stronghold Permian Basin Assets Acquisition

THE WOODLANDS, Texas, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has completed its previously announced acquisition (the “Transaction”) of the assets of privately-held Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP (collectively, “Stronghold”). Stronghold’s operations are located primarily in Crane County, Texas and focused on the development of approximately 37,000 net acres in the Permian Ba

Yahoo | September 1, 2022

Ring Energy (REI) Q2 Earnings and Revenues Beat Estimates

Ring Energy (REI) delivered earnings and revenue surprises of 26.09% and 32.84%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | August 5, 2022

Ring Energy Announces Results For Second Quarter of 2022

Sales Volumes at Higher End of Guidance Driving Increased Guidance for the Full YearTHE WOODLANDS, Texas, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the second quarter of 2022. In addition, Ring provided third quarter guidance and increased its full year 2022 sales volumes outlook. Second Quarter 2022 Highlights Recorded quarterly sales revenue of $85.0 million, which was the highest in t

Yahoo | August 4, 2022

Northern Oil and Gas (NOG) Tops Q2 Earnings and Revenue Estimates

Northern Oil and Gas (NOG) delivered earnings and revenue surprises of 9.55% and 34.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | August 3, 2022

Read More 'REI' Stories Here

REI Price Returns

1-mo -24.04%
3-mo -10.23%
6-mo -40.00%
1-year -17.42%
3-year 44.51%
5-year -83.64%
YTD 3.95%
2021 245.51%
2020 -75.00%
2019 -48.03%
2018 -63.45%
2017 7.01%

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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