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NYSEMKT: REI
Ring Energy Inc Stock

$1.86-0.01 (-0.53%)
Updated Mar 18, 2024
REI Price
$1.86
Fair Value Price
N/A
Market Cap
$368.16M
52 Week Low
$1.25
52 Week High
$2.43
P/E
3.38x
P/B
0.47x
P/S
0.79x
PEG
0.16x
Dividend Yield
N/A
Revenue
$361.06M
Earnings
$104.86M
Gross Margin
73.5%
Operating Margin
41.24%
Profit Margin
29%
Debt to Equity
0.75
Operating Cash Flow
$198M
Beta
1.54
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

REI Overview

Ring Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas and New Mexico. As of December 31, 2019, the company's proved reserves consisted of approximately 81.1 million barrel of oil equivalent. It also had interests in 18,372 net developed acres and 47,427 net undeveloped acres in Andrews and Gaines counties, Texas; 19,138 net developed acres and 860 net undeveloped acres in Culberson and Reeves counties, Texas; and 8,085 net developed acres and 28,514 net undeveloped acres in Gaines, Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in Midland, Texas.

Zen Score

Industry Average (33)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how REI scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

REI ($1.86) is trading below its intrinsic value of $7.18, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
REI is good value based on its earnings relative to its share price (3.38x), compared to the US market average (41.38x)
P/E vs Market Valuation
REI is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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Valuation

REI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
3.38x
Industry
12.47x
Market
41.38x
REI is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
REI is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

REI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.47x
Industry
2x
REI is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

REI price to earnings growth (PEG)

For valuing profitable companies with growth potential
REI is good value based... subscribe to Premium to read more.
PEG Value Valuation

REI's financial health

Profit margin

Revenue
$99.9M
Net Income
$50.9M
Profit Margin
50.9%
REI's Earnings (EBIT) of $148.92M... subscribe to Premium to read more.
Interest Coverage Financials
REI's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.4B
Liabilities
$589.9M
Debt to equity
0.75
REI's short-term liabilities ($113.81M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
REI's long-term liabilities ($476.11M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
REI's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
REI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$55.7M
Investing
-$51.7M
Financing
-$3.9M
REI's operating cash flow ($198.17M)... subscribe to Premium to read more.
Debt Coverage Financials

REI vs Oil and Gas Stocks

TickerMarket Cap1d %P/EP/B
REI$368.16M-0.53%3.38x0.47x
WTI$380.36M0.00%23.55x12.19x
GFR$349.39M+0.20%N/A0.66x
AMPY$238.80M+0.33%0.63x0.61x
SD$519.41M+0.79%8.48x1.11x

Ring Energy Stock FAQ

What is Ring Energy's quote symbol?

(NYSEMKT: REI) Ring Energy trades on the NYSEMKT under the ticker symbol REI. Ring Energy stock quotes can also be displayed as NYSEMKT: REI.

If you're new to stock investing, here's how to buy Ring Energy stock.

What is the 52 week high and low for Ring Energy (NYSEMKT: REI)?

(NYSEMKT: REI) Ring Energy's 52-week high was $2.43, and its 52-week low was $1.25. It is currently -23.46% from its 52-week high and 48.8% from its 52-week low.

How much is Ring Energy stock worth today?

(NYSEMKT: REI) Ring Energy currently has 197,934,202 outstanding shares. With Ring Energy stock trading at $1.86 per share, the total value of Ring Energy stock (market capitalization) is $368.16M.

Ring Energy stock was originally listed at a price of $5.04 in Apr 10, 2007. If you had invested in Ring Energy stock at $5.04, your return over the last 16 years would have been -63.1%, for an annualized return of -6.04% (not including any dividends or dividend reinvestments).

How much is Ring Energy's stock price per share?

(NYSEMKT: REI) Ring Energy stock price per share is $1.86 today (as of Mar 18, 2024).

What is Ring Energy's Market Cap?

(NYSEMKT: REI) Ring Energy's market cap is $368.16M, as of Mar 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Ring Energy's market cap is calculated by multiplying REI's current stock price of $1.86 by REI's total outstanding shares of 197,934,202.
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