Ring Energy (REI)
:REI
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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)5.21M
Market Cap
$337.15M
Enterprise Value$764.52M
Total Cash (Recent Filing)$1.04M
Total Debt (Recent Filing)$428.41M
Price to Earnings (P/E)―
Beta0.62
Next Earnings
Aug 11, 2026EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.28
Shares Outstanding209,409,180
10 Day Avg. Volume4,138,206
30 Day Avg. Volume5,207,875
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 Cap2.27
Enterprise Value/Revenue2.53
Enterprise Value/Gross Profit4.48
Enterprise Value/Ebitda6.18
Forecast
1Y Price Target
$2.50Price Target Upside100.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.22
Revenue Forecast (FY)$508.73M
Bulls Say, Bears Say
Bulls Say
Durable Cash GenerationConsistent positive free cash flow across 26 quarters demonstrates durable operating cash generation from production and cost control. This cash conversion provides long‑term flexibility to fund maintenance capex, infrastructure, hedges and eventual deleveraging without relying solely on capital markets.
Sustained Unit Cost ReductionsRepeated LOE declines and sub‑guidance unit costs point to structural operating improvements and margin resilience. Lower per‑BOE operating expense and improved drilling efficiency support sustainably higher cash margins through cycles and enhance returns on new wells.
Oil‑weighted Permian Asset Base & Reserve GrowthAn oil‑weighted, long‑life Permian inventory with multi‑year, low‑decline assets and recent proved reserve growth underpins stable production and lower maintenance capex needs. This structural asset base supports predictable medium‑term cash flows and optionality to scale development when economics improve.
Bears Say
Sharp Revenue And Profitability DeteriorationA substantial revenue decline and a swing to deep TTM losses indicate elevated earnings volatility and sensitivity to commodity prices. Persistent weak realizations or cost shocks could hinder reinvestment, lengthen payback on new wells and pressure medium‑term cash returns to shareholders.
Elevated Leverage Versus TargetManagement's temporary pause in deleveraging to fund infrastructure raises leverage above the stated target, reducing financial flexibility. Higher leverage increases refinancing and covenants risk in a prolonged price downturn and limits the firm's ability to opportunistically allocate cash to buybacks or aggressive development.
Large Non‑cash Impairments & Unrealized Hedge LossesSignificant ceiling‑test impairments and unrealized derivative losses reflect reserve valuation and hedge mark‑to‑market sensitivity. These non‑cash charges erode equity and signal that asset values and reported capital metrics can shift sharply with price movements, increasing the risk of future write‑downs under weaker commodity curves.
Ring Energy News
REI FAQ
What was Ring Energy’s price range in the past 12 months?
Ring Energy lowest stock price was $0.71 and its highest was $2.00 in the past 12 months.
What is Ring Energy’s market cap?
Ring Energy’s market cap is $337.15M.
When is Ring Energy’s upcoming earnings report date?
Ring Energy’s upcoming earnings report date is Aug 11, 2026 which is in 92 days.
How were Ring Energy’s earnings last quarter?
Ring Energy 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 overvalued?
According to Wall Street analysts Ring Energy’s price is currently Undervalued.
Does Ring Energy pay dividends?
Ring Energy does not currently pay dividends.
What is Ring Energy’s EPS estimate?
Ring Energy’s EPS estimate is 0.05.
How many shares outstanding does Ring Energy have?
Ring Energy has 209,409,180 shares outstanding.
What happened to Ring Energy’s price movement after its last earnings report?
Ring Energy 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?
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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8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$2.50 (100.00% Upside)
$2.50 (100.00% Upside)
Blogger Sentiment
Bullish
REI Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 472.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.8%
Last 30 Days ▲ 18.8%
Last 30 Days ▲ 18.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.19%
12-Months-Change
Fundamentals
Return on Equity
-33.01%
Trailing 12-Months
Asset Growth
-16.66%
Trailing 12-Months
Company Description
Ring Energy
Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.
REI Company Deck
REI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a generally constructive operational and strategic picture: the company delivered recurring structural cost improvements, drilling efficiency gains, production in line with guidance, meaningful infrastructure investments to enable higher-return horizontal development, strong realized oil pricing, adjusted profitability, sustained free cash flow for 26 consecutive quarters, and ample liquidity. Offsetting these positives were large non-cash accounting charges (a ceiling test impairment and an unrealized derivative loss) that depressed reported net income, negative realized gas pricing, a temporary pause in debt reduction that increased borrowings and leverage to ~2.4x, and modest near-term production timing effects. Management positioned the infrastructure acceleration as a deliberate, shareholder-focused tradeoff to capture expected higher prices and improved long-term capital efficiency. On balance, operational momentum and cash-generation fundamentals outweigh the near-term accounting and timing headwinds.View all REI earnings summariesREI Stock 12 Month Forecast
Average Price Target
$2.50
▲(100.00% Upside)
Technical Analysis
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Ownership Overview
24.10% Insiders
10.44% Mutual Funds
1.45% Other Institutional Investors
57.53% Public Companies and
Individual Investors