REI icon

Ring Energy

0.8982 USD
+0.0620
7.41%
At close Apr 17, 4:00 PM EDT
After hours
0.9275
+0.0293
3.26%
1 day
7.41%
5 days
7.07%
1 month
-25.77%
3 months
-39.31%
6 months
-42.42%
Year to date
-35.84%
1 year
-55.31%
5 years
40.78%
10 years
-92.41%
 

About: Ring Energy Inc is an independent exploration and production company based in The Woodlands, Texas and is engaged in oil and natural gas development, production, acquisition, and exploration activities currently focused in the Permian Basin of Texas. The drilling operations of the company target the oil and liquid rich producing formations in the Northwest Shelf, the Central Basin Platform and the Delaware Basin all of which are part of the Permian Basin in Texas.

Employees: 115

0
Funds holding %
of 7,407 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

4,985% more call options, than puts

Call options by funds: $9.76M | Put options by funds: $192K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 52

1.14% less ownership

Funds ownership: 51.66% [Q3] → 50.52% (-1.14%) [Q4]

3% less funds holding

Funds holding: 155 [Q3] → 150 (-5) [Q4]

12% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 25

17% less capital invested

Capital invested by funds: $164M [Q3] → $136M (-$27.7M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for REI.

Financial journalist opinion

Based on 7 articles about REI published over the past 30 days

Neutral
GlobeNewsWire
23 hours ago
Ring Energy Provides Operational Update - Amended to Correct Wells Drilled in First Quarter 2025
~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 18, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an operational update, including first quarter 2025 oil sales volumes above the high end of the Company's guidance range and total sales volumes above the midpoint of guidance. The Company also announced the timing of Ring's quarterly results conference call.
Ring Energy Provides Operational Update - Amended to Correct Wells Drilled in First Quarter 2025
Neutral
GlobeNewsWire
2 days ago
Ring Energy Provides Operational Update
~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 17, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an operational update, including first quarter 2025 oil sales volumes above the high end of the Company's guidance range and total sales volumes above the midpoint of guidance. The Company also announced the timing of Ring's quarterly results conference call.
Ring Energy Provides Operational Update
Neutral
GlobeNewsWire
1 week ago
Ring Energy Provides Board of Directors Update
THE WOODLANDS, Texas, April 11, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an update concerning its Board of Directors (the “Board”), including the retirement of Ms. Regina Roesener effective April 14, 2025 and the appointment of Ms. Carla Tharp to the Board effective April 14, 2025 who will serve as an independent Director.
Ring Energy Provides Board of Directors Update
Neutral
GlobeNewsWire
2 weeks ago
Ring Energy Announces the Closing of the Lime Rock Permian Basin Assets Acquisition
THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced that it has completed its previously-announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets of Lime Rock Resources IV, LP (“Lime Rock”) on March 31, 2025. Lime Rock's CBP operations are located in the Permian Basin in Andrews County, Texas, and are focused on the development of approximately 17,700 net acres where the majority are similar to Ring's existing CBP assets in the Shafter Lake area, and the remaining acreage exposes the Company to new active plays.
Ring Energy Announces the Closing of the Lime Rock Permian Basin Assets Acquisition
Neutral
Seeking Alpha
2 weeks ago
Ring Energy: Central Basin Platform Acquisition Increases Its Leverage Again
Ring made a $100 million acquisition, 90% in cash (including deferred payments). The acquisition price appears okay by itself, but this will increase Ring's projected leverage to near 2.0x at the end of 2025. I had highlighted debt reduction as being important for Ring's share price before, so this move is a step back in that area.
Ring Energy: Central Basin Platform Acquisition Increases Its Leverage Again
Positive
Seeking Alpha
3 weeks ago
Ring Energy: Results Show Benefits Of Acquisition Strategy
Ring Energy's recent acquisition aims to boost free cash flow. Management's strategy shift post-COVID has been successful. The latest acquisition is expected to improve the debt ratio.
Ring Energy: Results Show Benefits Of Acquisition Strategy
Neutral
GlobeNewsWire
3 weeks ago
Ring Energy to Participate in Water Tower Research Fireside Chat on April 1, 2025
THE WOODLANDS, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in a fireside chat with Water Tower Research (“WTR”) on Tuesday, April 1, 2025 at 10:00 AM Central Time.
Ring Energy to Participate in Water Tower Research Fireside Chat on April 1, 2025
Positive
Zacks Investment Research
1 month ago
Down -16.67% in 4 Weeks, Here's Why Ring Energy (REI) Looks Ripe for a Turnaround
Ring Energy (REI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Down -16.67% in 4 Weeks, Here's Why Ring Energy (REI) Looks Ripe for a Turnaround
Neutral
Seeking Alpha
1 month ago
Ring Energy, Inc. (REI) Q4 2024 Earnings Call Transcript
Ring Energy, Inc. (NYSE:REI ) Q4 2024 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Al Petrie - Investor Relations Paul McKinney - Chairman & Chief Executive Officer Travis Thomas - Executive Vice President & Chief Financial Officer Shawn Young - Senior Vice President, Operations Alex Dyes - Executive Vice President & Chief Operations Officer Conference Call Participants Bert Donnes - Truist Noel Parks - Tuohy Brothers Jeff Robertson - Water Tower Research Operator Good morning, and welcome to the Ring Energy Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Ring Energy, Inc. (REI) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Ring Energy (REI) Q4 Earnings and Revenues Miss Estimates
Ring Energy (REI) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.11 per share a year ago.
Ring Energy (REI) Q4 Earnings and Revenues Miss Estimates
Charts implemented using Lightweight Charts™