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REI Stock Chart & Stats
$1.25
<$0.01(0.35%)
At close: 4:00 PM EST
$1.25
<$0.01(0.35%)
Day’s Range― - ―
52-Week Range$0.72 - $2.00
Previous CloseN/A
Volume555.71K
Average Volume (3M)5.84M
Market Cap
$312.24M
Enterprise Value$746.46
Total Cash (Recent Filing)$1.04M
Total Debt (Recent Filing)$428.41M
Price to Earnings (P/E)―
Beta0.63
Next Earnings
Aug 11, 2026EPS Estimate
0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.28
Shares Outstanding253,853,620
10 Day Avg. Volume5,802,240
30 Day Avg. Volume5,843,627
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
$2.25Price Target Upside80.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.17
Revenue Forecast (FY)$321.00M
Bulls Say, Bears Say
Bulls Say
Permian Oil-weighted Asset Base And Low-decline InventoryRing’s oil-weighted Permian asset base with multi-year, low-decline inventory supports stable production and lower sustaining capex. That durability improves cash-flow predictability, enables staged development, and provides a multi-year reserve runway to compound returns and reduce reinvestment intensity.
Sustained LOE Reductions And Structural Cost ImprovementsRepeated LOE improvements to ~$10.41/BOE and four consecutive quarters below guidance indicate structural operating-cost declines. Persistently lower LOE expands margins at prevailing commodity prices, strengthens cash conversion, and gives the company a durable cost advantage versus higher-cost peers.
Consistent Free Cash Flow And Positive Adjusted EBITDATwenty-six consecutive quarters of positive free cash flow and positive adjusted EBITDA demonstrate a sustained ability to convert production into cash. Reliable FCF funds reinvestment, hedging and deleveraging plans, reduces reliance on markets for routine needs, and underpins longer-term financial stability.
Bears Say
Large Non-cash Impairments And Derivative LossesA $162.1M ceiling-test impairment and $77M unrealized derivative loss materially eroded reported equity and profitability. Such sizable charges reflect weaker reserve valuations and hedging volatility, which can tighten covenant headroom, reduce reported book value, and raise scrutiny on long-run asset economics.
Elevated Leverage After Pausing Debt ReductionManagement paused near-term debt reduction to accelerate infrastructure, raising borrowings and lifting leverage to ~2.4x. Elevated leverage constrains financial flexibility, increases interest-service risk, and makes the company more vulnerable to commodity or operational setbacks until meaningful deleveraging occurs.
Major Equity Offering Signals Near-term Capital Need And Dilution RiskThe May 2026 underwritten offering is a structural financing step that bolsters liquidity but dilutes shareholders. It signals reliance on external equity to fund investments or shore up the balance sheet, suggesting internal cash and borrowing capacity may be insufficient for near-term capital plans without dilution.
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 $0.71 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 $312.24M.
When is Ring Energy Inc’s upcoming earnings report date?
Ring Energy Inc’s upcoming earnings report date is Aug 11, 2026 which is in 21 days.
How were Ring Energy Inc’s earnings last quarter?
Ring Energy Inc released its earnings results on May 06, 2026. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02.
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 0.08.
How many shares outstanding does Ring Energy Inc have?
Ring Energy Inc has 253,853,620 shares outstanding.
What happened to Ring Energy Inc’s price movement after its last earnings report?
Ring Energy Inc reported an EPS of $0.04 in its last earnings report, beating expectations of $0.02. Following the earnings report the stock price went down -8.333%.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$2.25 (80.00% Upside)
$2.25 (80.00% Upside)
Blogger Sentiment
Bullish
REI Sentiment 70%
Sector Average 65%
Sector Average 65%
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 ▼ 3.0%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
64.21%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-16.66%
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 Stock 12 Month Forecast
Average Price Target
$2.25
▲(80.00% Upside)
Technical Analysis
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Ownership Overview
4.34% Insiders
9.30% Mutual Funds
0.03% Other Institutional Investors
75.67% Public Companies and
Individual Investors