Ring Energy, Inc. (REI)
- Previous Close
1.6900 - Open
1.6600 - Bid 1.6200 x 36900
- Ask 1.6300 x 21500
- Day's Range
1.6150 - 1.6750 - 52 Week Range
1.2500 - 2.2000 - Volume
916,296 - Avg. Volume
1,702,419 - Market Cap (intraday)
324.328M - Beta (5Y Monthly) 1.63
- PE Ratio (TTM)
4.55 - EPS (TTM)
0.3600 - Earnings Date Oct 31, 2024 - Nov 4, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
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Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.
www.ringenergy.comRecent News: REI
View MorePerformance Overview: REI
Trailing total returns as of 9/25/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: REI
View MoreValuation Measures
Market Cap
334.91M
Enterprise Value
746.08M
Trailing P/E
4.69
Forward P/E
4.02
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.87
Price/Book (mrq)
0.41
Enterprise Value/Revenue
1.93
Enterprise Value/EBITDA
3.31
Financial Highlights
Profitability and Income Statement
Profit Margin
19.29%
Return on Assets (ttm)
6.04%
Return on Equity (ttm)
9.16%
Revenue (ttm)
369.5M
Net Income Avi to Common (ttm)
71.29M
Diluted EPS (ttm)
0.3600
Balance Sheet and Cash Flow
Total Cash (mrq)
1.18M
Total Debt/Equity (mrq)
50.45%
Levered Free Cash Flow (ttm)
12.51M