Ring Energy Inc (REI)
XASE: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)5.93M
Market Cap
$271.62M
Enterprise Value$666.71M
Total Cash (Recent Filing)$1.04M
Total Debt (Recent Filing)$428.41M
Price to Earnings (P/E)―
Beta0.66
Next Earnings
Aug 11, 2026EPS Estimate
0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.28
Shares Outstanding253,853,620
10 Day Avg. Volume4,568,029
30 Day Avg. Volume5,933,528
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 Cap2.45
Enterprise Value/Revenue2.21
Enterprise Value/Gross Profit3.91
Enterprise Value/Ebitda-5.53
Forecast
1Y Price Target
$2.50Price Target Upside100.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.23
Revenue Forecast (FY)$510.27M
Bulls Say, Bears Say
Bulls Say
Low Lease Operating Expense (LOE)Sustained LOE reductions reflect structural cost improvements and operating discipline, widening per-BOE margins across the asset base. Lower LOE supports durable cash generation, funds reinvestment or debt paydown, and increases resilience to moderate commodity price weakness over months.
Consistent Positive Free Cash FlowA multi-year streak of positive free cash flow indicates recurring operational cash conversion from production and disciplined capex. This reliable cash generation underpins liquidity, funds infrastructure investment or deleveraging, and reduces reliance on external capital during medium-term price cycles.
Oil-weighted Permian Asset Base And Infrastructure ProgramOwnership of long-life, oil-focused Permian acreage with low-decline inventory provides stable production runway. Targeted infrastructure and water/frac investments enable longer laterals and higher returns, improving capital efficiency and extending the economic life of assets over multiple years.
Bears Say
Large Non-cash Accounting ChargesMaterial non-cash impairments and derivative losses sharply reduce reported equity and generate volatility in earnings and book value. Persistent or recurring write-downs can signal asset valuation risk, restrict reported profitability metrics, and weigh on investor confidence and covenant headroom over the medium term.
Negative Realized Natural Gas PricingNegative realized gas prices—driven by processing and transport differentials—erode per-BOE economics for gas‑exposed volumes. Structural takeaway, basis, or processing constraints can persist, reducing margins on gas/NGL production and limiting the upside from oil revenues absent contractual or infrastructure solutions.
Leverage Above Stated Target After Paused DeleveragingElevated leverage increases financing risk and sensitivity to commodity swings; pausing deleveraging to accelerate infrastructure raises near-term balance‑sheet strain. Sustained reduction toward target depends on continued cash generation and asset performance, making capital flexibility conditional over the next several quarters.
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 $271.62M.
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 43 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 0.06.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$2.50 (100.00% Upside)
$2.50 (100.00% Upside)
Blogger Sentiment
Bullish
REI Sentiment 70%
Sector Average 69%
Sector Average 69%
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
Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.88%
12-Months-Change
Fundamentals
Return on Equity
-33.01%
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 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
4.34% Insiders
9.30% Mutual Funds
5.62% Other Institutional Investors
73.55% Public Companies and
Individual Investors