Ring Energy, Inc. REI
- Market cap
- $351.7M
- P/E
- 0.0×
Follow REI
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.00 | 9.22 | 4.01 | 1.23 | 0.43 | 0.63 | 2.15 | 1.37 | 1.21 | 0.72 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 13.54 | 15.13 | 17.35 | 6.60 | 3.31 | 4.16 | 5.09 | 2.54 | 2.20 | 1.55 |
High Price
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| 30 | 37 | 42 | 58 | 41 | 53 | 98 | 108 | 115 | 111 |
Employees
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| 1 | 2 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 3 |
Revenue/Emp
|
|||
| 31 | 67 | 120 | 196 | 113 | 196 | 347 | 361 | 366 | 307 |
Revenue
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|||
| 63.14% | 71.32% | 72.15% | 73.76% | 69.05% | 79.91% | 81.33% | 75.55% | 74.22% | 69.51% |
Gross Margin
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| (58) | 12 | 12 | 43 | (259) | 3 | 147 | 105 | 88 | (42) |
EBT
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| (186.79%) | 18.25% | 10.37% | 22.12% | (229.52%) | 1.74% | 42.35% | 29.08% | 24.00% | (13.73%) |
EBT Margin
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| (38) | 2 | 9 | 29 | (253) | 3 | 139 | 105 | 67 | (35) |
Net Income
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| 12 | 21 | 40 | 57 | 44 | 38 | 58 | 94 | 104 | 101 |
Depreciation
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| 0.80 | 1.30 | 2.02 | 2.94 | 1.55 | 1.98 | 2.86 | 1.89 | 1.85 | 1.50 |
Revenue/Sh
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| (0.97) | 0.03 | 0.15 | 0.44 | (3.48) | 0.03 | 1.14 | 0.55 | 0.34 | (0.17) |
Earnings/Sh
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| 0.29 | 0.83 | 1.18 | 1.60 | 0.99 | 0.73 | 1.62 | 1.04 | 0.98 | 0.74 |
Cash Flow/Sh
|
|||
| (0.95) | (2.99) | (3.42) | (2.34) | (0.60) | (0.54) | (1.08) | (0.75) | (0.76) | (0.48) |
Capex/Sh
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| (0.66) | (2.16) | (2.24) | (0.73) | 0.39 | 0.20 | 0.54 | 0.29 | 0.22 | 0.26 |
Free CF/Sh
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| 7.51 | 6.94 | 7.77 | 7.86 | 4.04 | 3.02 | 5.45 | 4.13 | 4.34 | 4.08 |
Book Value/Sh
|
|||
| 39 | 51 | 60 | 67 | 73 | 99 | 121 | 191 | 198 | 205 |
Shares
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| 0.00 | 291.00 | 33.87 | 5.65 | 0.00 | 76.00 | 1.86 | 2.64 | 4.00 | 0.00 |
PE Ratio
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| 16.41 | 11.21 | 2.52 | 0.90 | 0.43 | 1.15 | 0.78 | 0.77 | 0.73 | 0.58 |
PS Ratio
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| 1.74 | 2.10 | 0.65 | 0.34 | 0.16 | 0.75 | 0.41 | 0.35 | 0.31 | 0.21 |
PB Ratio
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| 15.76 | 11.75 | 2.82 | 2.72 | 3.16 | 2.62 | 1.97 | 1.94 | 1.78 | 1.95 |
EV/Sales
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| (19.03) | (7.07) | (2.54) | (10.89) | 12.63 | 26.40 | 10.36 | 12.81 | 15.03 | 11.29 |
EV/FCF
|
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| 11 | 43 | 70 | 107 | 72 | 73 | 197 | 198 | 194 | 151 |
Op' Cash Flow
|
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| (37) | (154) | (203) | (156) | (44) | (53) | (131) | (143) | (151) | (98) |
Capex
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| (26) | (111) | (133) | (49) | 28 | 19 | 66 | 55 | 43 | 53 |
FCF
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| 66 | (19) | (35) | (20) | (16) | (47) | (79) | (58) | (55) | (39) |
Working Cap'
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| — | — | 40 | 367 | 313 | 290 | 416 | 426 | 386 | 421 |
Total Debt
|
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| (71) | (15) | 36 | 357 | 310 | 288 | 412 | 426 | 384 | 420 |
Net Debt
|
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| 291 | 357 | 463 | 524 | 295 | 301 | 661 | 787 | 859 | 836 |
Sh' Equity
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| (13.48%) | 0.49% | 1.83% | 3.83% | (30.97%) | 0.49% | 14.20% | 7.93% | 4.85% | (2.46%) |
ROA
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| (16.24%) | 2.92% | 2.50% | 4.27% | (27.79%) | 10.17% | 11.16% | 7.52% | 6.69% | (1.71%) |
ROIC
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| (15.79%) | 0.54% | 2.20% | 5.98% | (61.94%) | 1.12% | 28.83% | 14.49% | 8.20% | (4.10%) |
ROE
|
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Ring Energy, Inc. peers in Oil & Gas E&P
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PNRG PrimeEnergy Corporation | $333.7M | 13.7× | Compare |
| FTW Presidio Production Company | $321.4M | — | Compare |
| GLND Greenland Energy Company | $273.8M | — | Compare |
| KGEI Kolibri Global Energy Inc. | $236.6M | 11.8× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SD SandRidge Energy, Inc. | $525.4M | 6.2× | Compare |
| WTI W&T Offshore, Inc. | $589.8M | 0.0× | Compare |
| GRNT Granite Ridge Resources, Inc. | $598.8M | 0.0× | Compare |
| EGY Vaalco Energy Inc | $621.7M | 0.0× | Compare |
Ring Energy, Inc. (REI) key facts
- Ring Energy, Inc. (REI) is an Oil & Gas E&P company in the Energy sector, listed on NYSE American.
- Ring Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $307.2 million, down 16.1% from fiscal 2024.
- As of September 25, 2026, REI traded at $1.36, a market capitalization of $351.7 million.
- Return on equity was −4.10% and debt-to-equity 0.48.
Ring Energy, Inc. (REI) Latest News
26 Sep
Ring Energy targets more than 10% production growth in 2027 with a $135–$165 million capex plan, aiming to double longer horizontal wells and expand horizontal drilling and co-development across the Central Basin Platform to boost capital efficiency. Management expects to remain free-cash-flow positive at $60 oil and to reach roughly 1x leverage by year-end 2027, potentially reducing hedge requirements as debt declines while maintaining some commodity-price exposure. Accelerated infrastructure spending—frack ponds, saltwater disposal and produced-water treatment—supports higher initial production from co-developed pads. The company is testing stacked pay zones to identify optimal co-development opportunities and sees multiple paths to growth through organic development, land leasing and potential acquisitions, especially if 2027 results meet targets. 2027 growth plan and leverage reduction could significantly improve cash flow and financial flexibility if execution matches targets.
20 Aug
Ring Energy targets 10% growth by using longer laterals to unlock Permian potential. Longer laterals enable 10% production growth and shift Ring Energy trajectory in Permian.
13 Aug
Ring Energy (REI) held its Q2 2026 earnings call covering quarterly financial results, operations, and forward guidance. Quarterly earnings calls deliver financial updates and guidance that can shift short-term investor sentiment and stock valuation.
9 Aug
Ring Energy Q2 earnings call highlighted financial results, production metrics and operational updates. Q2 earnings updates typically affect near-term sentiment and valuation without major strategic shifts.
6 Aug
Ring Energy Inc highlights strategic growth plans and leverage reduction in Q2 2026 earnings call. Strategic growth initiatives combined with lower leverage can materially improve Ring Energy's financial trajectory and investor outlook.
Ring Energy, Inc. released its Q2 2026 earnings call summary detailing quarterly financial results and operational updates. Quarterly earnings provide updates on financial performance that moderately influence near-term market views.
5 Aug
Ring Energy released second quarter 2026 results, advanced its development program, and issued initial 2027 outlook. Quarterly results plus multi-year outlook typically shift valuation and investor positioning for the company.
2 Jul
Ring Energy reduces debt, secures reaffirmation of borrowing base, and improves liquidity position. Debt reduction and liquidity gains strengthen balance sheet and may lift near-term investor sentiment.
29 Jun
Ring Energy, Inc. (REI) joins the Russell 3000 Index. Russell 3000 inclusion raises institutional visibility and index-fund inflows that can lift near-term trading and valuation.
12 May
Ring Energy, Inc. (REI) announced the pricing of its public offering of common stock. Public stock offering raises capital for growth but dilutes shares, significantly impacting financial position and investor sentiment.
Ring Energy, Inc. (REI) announces a proposed public offering of common stock to raise capital. Proposed public stock offering is a major financing move that dilutes equity but funds growth, significantly influencing REI's financial trajectory and investor sentiment.
7 May
Ring Energy, Inc. (REI) detailed Q1 2026 financial results, production growth, operational efficiencies, and forward guidance in its earnings call. Quarterly earnings summaries highlight financial health and outlook, moderately impacting investor sentiment and stock performance.
6 May
Ring Energy, Inc. (REI) reported Q1 earnings that exceeded analyst estimates. Q1 earnings beat signals strong financial performance and likely boosts investor sentiment and stock trajectory.
Ring Energy, Inc. (REI) released first quarter 2026 results, reporting financial performance, production updates, and operational highlights from its assets. Quarterly earnings releases affect financial performance and market sentiment but are routine without transformative details.
4 May
Ring Energy, Inc. (REI) receives analyst rating upgrade to Strong Buy, highlighting positive outlook on operations, financials, and growth potential in oil and gas sector. Analyst upgrade to Strong Buy enhances investor confidence and can significantly boost stock price and market performance.
6 Mar
Ring Energy's Q4 earnings call highlighted record production of 10,200 Boe/d, revenue up 15% to $58.3 million, net income of $6.2 million, and 2024 guidance for 11,500-12,000 Boe/d with capex of $120-130 million amid strong Northwest Shelf performance. Q4 results show strong production growth and positive 2024 guidance, likely boosting investor confidence and stock trajectory.
5 Mar
Ring Energy Inc (REI) reported record cash flow in Q4 2025 earnings call despite revenue decline. Record cash flow highlights strong financial position countering revenue drop, likely driving significant investor interest and stock performance shifts.
Ring Energy, Inc. (REI) swung from profit to loss in recent earnings, prompting a valuation analysis highlighting potential concerns over financial health and future performance. Earnings shift from profit to loss triggers valuation reassessment, significantly impacting investor sentiment and stock performance.
Ring Energy, Inc. Q4 2025 earnings call summary covers financial results, operational updates, and forward guidance for the oil and gas producer. Earnings call summary reveals financial performance and guidance that moderately affect investor sentiment and stock trajectory.
4 Mar
Ring Energy, Inc. (REI) released its Q4 earnings snapshot. Q4 earnings snapshots reveal financial performance metrics that significantly influence REI's stock price and investor outlook.
Ring Energy, Inc. (REI) released fourth quarter and full-year 2025 financial results, year-end 2025 proved reserves, and 2026 guidance. Annual results, proved reserves, and forward guidance directly shape financial outlook and investor expectations for REI.
3 Feb
Ring Energy, Inc. has appointed Sonu Johl as the new Chief Financial Officer, effective immediately. Johl brings over 20 years of experience in finance and accounting, having previously held senior roles at various companies, including as CFO at a publicly traded oil and gas company. His expertise is expected to enhance Ring Energy's financial strategies and operations. The appointment of a new CFO may influence financial performance and operational strategies, but its overall effect is expected to be limited.
19 Dec
Aristotle Small Cap Equity Fund has divested its holdings in Ring Energy, Inc. (REI) due to a deteriorating outlook for the energy market. This decision reflects concerns about the future performance of energy companies amid changing market conditions. The fund's decision to sell its shares indicates a moderate concern about REI's future performance in a challenging energy market.
16 Dec
Ring Energy, Inc. has announced the reaffirmation of its borrowing base under its credit facility, maintaining financial stability and access to capital. This decision reflects the company's ongoing commitment to its operational strategy and financial health amidst market conditions. Reaffirmation of the borrowing base indicates stable financial conditions but does not significantly alter the company's trajectory.
6 Nov
Ring Energy, Inc. (REI) reported better-than-expected earnings and revenue for the third quarter, surpassing analysts' estimates. The company's strong performance is attributed to increased production and effective cost management strategies. This positive financial outcome reflects the company's resilience in a fluctuating market and may enhance investor confidence moving forward. Strong earnings and revenue growth indicate significant potential for future performance and investor sentiment.
Ring Energy, Inc. (REI) announced its third quarter 2025 financial results, highlighting increased production and revenue compared to the previous year. The company also provided updated guidance for the upcoming quarters, indicating a positive outlook driven by operational efficiencies and strategic initiatives. Management emphasized their commitment to enhancing shareholder value through disciplined capital allocation and continued focus on growth opportunities in their core areas. The updated guidance and improved financial performance suggest significant strategic moves that could alter the company's trajectory and investor sentiment.
Ring Energy, Inc. reported its Q3 earnings, highlighting key financial metrics and operational updates. The company showed improvements in production levels and revenue compared to previous quarters. Management provided insights into future strategies and market conditions affecting performance. Overall, the earnings report reflects a positive trajectory for Ring Energy amidst fluctuating market dynamics. The earnings report indicates moderate improvements in financial performance and operational strategies that may influence investor sentiment.
5 Nov
APA Corporation reported its Q3 earnings, surpassing analysts' expectations. The company highlighted strong operational performance and increased production levels, contributing to improved financial results. This positive outcome reflects APA's strategic initiatives and market positioning, which may influence investor sentiment and future growth prospects. The earnings beat indicates moderately noticeable influence on market sentiment and financial performance.
8 Oct
Ring Energy, Inc. reported its Q2 results, highlighting a debt reduction plan that aims to strengthen its financial position. Analysts have expressed renewed optimism regarding the company's future prospects, suggesting potential for improved market performance. The combination of positive financial metrics and strategic initiatives may enhance investor sentiment and support the company's growth trajectory. The debt reduction plan and positive analyst outlook are likely to significantly impact future performance and investor sentiment.
7 Oct
Ring Energy, Inc. (REI) has seen its stock price increase by over 48.5% since the release of its FQ2 2025 results, reflecting positive market sentiment and bullish outlook from Wall Street analysts. The company's financial performance and strategic initiatives have garnered attention, contributing to investor confidence and a significant rise in share value. The substantial stock price increase indicates a significant positive shift in investor sentiment and potential future performance.