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REI Stock Chart & Stats
$1.27
-$0.04(-3.05%)
At close: 4:00 PM EDT
$1.27
-$0.04(-3.05%)
Day’s Range― - ―
52-Week Range$0.80 - $2.00
Previous CloseN/A
Volume2.92M
Average Volume (3M)5.92M
Market Cap
$354.33M
Enterprise Value$619.48
Total Cash (Recent Filing)$1.14M
Total Debt (Recent Filing)$363.78M
Price to Earnings (P/E)―
Beta0.60
Next Earnings
Nov 11, 2026EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.10
Shares Outstanding260,539,600
10 Day Avg. Volume4,448,935
30 Day Avg. Volume5,916,923
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.21
Price to Sales (P/S)0.58
P/FCF Ratio3.39
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$2.13Price Target Upside67.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.21
Revenue Forecast (FY)$329.41M
Bulls Say, Bears Say
Bulls Say
Consistent Operating Cash GenerationRing’s operating cash flow has remained strongly positive across recent periods, supporting capex, drilling and debt reduction even while reported earnings swung negative. Durable cash generation underpins the company’s ability to fund development, improve leverage and sustain operations without emergency financing.
Organic Production Growth And Inventory RunwayManagement’s guidance targets roughly 10% BOE growth into 2027 and Q2 volumes showed sequential growth. A reported >10-year inventory provides a multi-year development runway, allowing sustained organic production increases and phased capital deployment that can steadily lift volumes and long-term cash generation.
Unit-cost And Capital-efficiency InitiativesSequential LOE and G&A reductions plus programs to shift to longer laterals, co-development and centralized infrastructure are structural drivers of lower per‑unit costs. These durable efficiency gains should improve margins, reduce future capital intensity and boost free cash flow as projects scale in 2027+.
Bears Say
Severe Recent Profitability DeteriorationThe company’s income statement is volatile, with a recent TTM net loss that erodes returns and equity profitability. Persistent or repeated swings into large losses can weaken reinvestment capacity, limit dividend or buyback optionality and force reliance on equity or asset sales to restore retained earnings.
Leverage Above Target Constrains FlexibilityAlthough leverage has improved, remaining leverage above the stated target maintains covenant, hedging and lender constraints. This limits opportunistic de‑risking of hedge positions, restricts capital allocation flexibility and means further deleveraging is needed before the company can fully capture commodity upside or relax financing terms.
Hedge Coverage And Gas Takeaway HeadwindsHigh hedge coverage limits near-term exposure to favorable oil prices, reducing realized upside from market rallies. Separately, meaningful Permian gas differentials are a structural realization headwind for gas-weighted volumes, pressuring margins over multiple quarters until takeaway/processing constraints improve.
Ring Energy News
REI FAQ
What was Ring Energy Inc’s price range in the past 12 months?
Ring Energy Inc lowest stock price was $0.80 and its highest was $2.00 in the past 12 months.
What is Ring Energy Inc’s market cap?
Ring Energy Inc’s market cap is $354.33M.
When is Ring Energy Inc’s upcoming earnings report date?
Ring Energy Inc’s upcoming earnings report date is Nov 11, 2026 which is in 91 days.
How were Ring Energy Inc’s earnings last quarter?
Ring Energy Inc released its earnings results on Aug 05, 2026. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.073 by $0.027.
Is Ring Energy Inc overvalued?
According to Wall Street analysts Ring Energy Inc’s price is currently Undervalued.
Does Ring Energy Inc pay dividends?
Ring Energy Inc does not currently pay dividends.
What is Ring Energy Inc’s EPS estimate?
Ring Energy Inc’s EPS estimate is 0.05.
How many shares outstanding does Ring Energy Inc have?
Ring Energy Inc has 260,539,600 shares outstanding.
What happened to Ring Energy Inc’s price movement after its last earnings report?
Ring Energy Inc reported an EPS of $0.1 in its last earnings report, beating expectations of $0.073. Following the earnings report the stock price went up 4.065%.
Which hedge fund is a major shareholder of Ring Energy Inc?
Currently, no hedge funds are holding shares in REI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Ring Energy Stock Smart Score
Outperform
1
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4
5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$2.13 (67.32% Upside)
$2.13 (67.32% Upside)
Blogger Sentiment
Bullish
REI Sentiment 100%
Sector Average 58%
Sector Average 58%
Hedge Fund Trend
Decreased
By 497.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $336.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.1%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
46.61%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-15.48%
Trailing 12-Months
Company Description
Ring Energy Inc
Ring Energy, Inc. operates as an oil and natural gas exploration and production firm, concentrating its efforts on the acquisition, development, and extraction of these resources across Texas and New Mexico. By the close of 2021, specifically December 31st, the company had established proved reserves totaling roughly 77.8 million barrels of oil equivalent. Its asset portfolio includes significant acreage: 18,882 net developed acres alongside 1,406 net undeveloped acres in Texas's Andrews and Gaines counties; an additional 18,437 net developed acres situated in Culberson and Reeves counties, Texas; and a combined 13,662 net developed acres with 11,993 net undeveloped acres located across Yoakum, Runnels, and Coke Counties in Texas, as well as Lea County, New Mexico. The company's oil and natural gas output is primarily distributed to end-users, marketing firms, and other various buyers. Incorporated in 2004, Ring Energy, Inc. was initially known as Transglobal Mining Corp. until its name was officially changed in March 2008. The company's principal office is located in The Woodlands, Texas.
REI Company Deck
REI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive outlook: management reported sequential production growth, meaningful realized price gains, solid revenue ($104.7M), improved unit costs, strengthened liquidity via a $65M equity raise used to reduce revolver borrowings, and updated guidance showing 2027 volume growth (~10% BOE midpoint). The company is investing to transition to longer laterals and co-developed pads to enhance capital efficiency and expects further cost savings (~$7.5M+ potential). Headwinds include limited participation in Q2 upside due to prior hedges, continued natural gas takeaway/price pressure (–$8.14/Mcf differential), and leverage that remains above the <1.25x target (currently ~1.7x) which keeps some hedging/credit constraints in place. Overall, the highlights—growth guidance, balance sheet improvement, cost and capital-efficiency initiatives, and stronger realized oil prices—outweigh the lowlights, though material execution and market risks remain.View all REI earnings summariesREI Stock 12 Month Forecast
Average Price Target
$2.13
▲(67.32% Upside)
Technical Analysis
Ownership Overview
4.23% Insiders
9.06% Mutual Funds
1.18% Other Institutional Investors
74.39% Public Companies and
Individual Investors