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Ring Energy Inc (REI)

NYSE Amex
Currency in USD
Disclaimer
1.42
+0.02(+1.43%)
Delayed Data
REI Scorecard
Full Analysis
2 analysts have revised their earnings downwards for the upcoming period
Fair Value
Day's Range
1.381.44
52 wk Range
1.252.43
Bid/Ask
12.26 / 12.27
Prev. Close
1.4
Open
1.4
Day's Range
1.38-1.44
52 wk Range
1.25-2.43
Volume
145,869
Average Volume (3m)
142,843
1-Year Change
-18.86%
Fair Value
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Fair Value Upside
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REI Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
3.00
Upside
+82.37%
Members' Sentiments
Bearish
Bullish
ProTips
Short term obligations exceed liquid assets
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Ring Energy Inc Company Profile

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.

Industry
Oil & Gas
Sector
Energy
Employees
108

Compare REI to Peers and Sector

Metrics to compare
REI
Peers
Sector
Relationship
P/E Ratio
0.0x2.9x4.8x
PEG Ratio
0.00−0.100.00
Price/Book
0.0x0.8x1.1x
Price / LTM Sales
0.0x1.1x1.2x
Upside (Analyst Target)
0.0%35.6%29.8%
Fair Value Upside
Unlock22.4%7.9%Unlock
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