Ring EnergyREI
REI
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 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings 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]
2% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 52
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
3% less funds holding
Funds holding: 155 [Q3] → 151 (-4) [Q4]
2.68% less ownership
Funds ownership: 53.21% [Q3] → 50.54% (-2.68%) [Q4]
19% less capital invested
Capital invested by funds: $169M [Q3] → $136M (-$32.6M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for REI.
Financial journalist opinion
Based on 6 articles about REI published over the past 30 days
Positive
Zacks Investment Research
2 days 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.
Neutral
Seeking Alpha
1 week 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.
Negative
Zacks Investment Research
1 week 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.
Neutral
GlobeNewsWire
1 week ago
Ring Energy Announces Fourth Quarter and Full Year 2024 Results, Year-End 2024 Proved Reserves, and 2025 Guidance
THE WOODLANDS, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the fourth quarter and full year 2024, year-end 2024 proved reserves and provided 2025 operational and financial guidance.
Neutral
GlobeNewsWire
2 weeks ago
Ring Energy Announces Accretive Bolt-On Acquisition
~ Capturing Synergies and Expanding Central Basin Platform Operations ~ ~ Announces Timing of Q4 and FY 2024 Earnings Release and Conference Call ~ THE WOODLANDS, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has entered into an agreement to acquire the Central Basin Platform (“CBP”) assets of Lime Rock Resources IV, LP (“Lime Rock”) for $100 million, subject to customary closing adjustments. The purchase price is comprised of $80 million of upfront cash consideration, a $10 million deferred cash payment due nine months after closing, and up to 7.4 million shares of Ring common stock.
Positive
Seeking Alpha
3 weeks ago
Ring Energy Eyes Production Expansion Over The Medium Term
Ring Energy operates in the Permian Basin with a high liquids mix and substantial reserve life, trading at a significant discount. Despite production increases, sales growth lagged due to lower NGL and natural gas prices, but new transit capacity could alleviate pricing pressures. Management focuses on debt reduction, aiming to reach a 1.0x leverage target by mid-2026, potentially enabling future acquisitions or production expansion.
Positive
Seeking Alpha
1 month ago
Ring Energy: Help From The Matterhorn Pipeline And The Weather
Ring Energy benefits from the Matterhorn Pipeline. Winter heating season should boost net income and cash flow as prices turn positive. Increased pipeline and export capacity are bullish for Ring Energy.
Neutral
GlobeNewsWire
2 months ago
Ring Energy Announces Issuance of 2024 Sustainability Report
THE WOODLANDS, Texas, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that it has issued its 2024 Sustainability Report (the “2024 Report”), which is available on the Company's website at www.ringenergy.com under the “Sustainability” tab.
Positive
Seeking Alpha
3 months ago
RioCan: A Retail Real Estate King With A Safe, Well-Covered Dividend
RioCan holds 186 prime retail and mixed-use properties across major Canadian cities, with high-demand supporting rising rents and property values. The REIT boasts a 97.8% overall occupancy rate and high-quality tenants like Loblaws and Walmart, ensuring stable cash flows. The latest Q3 results showed growth in FFO, driven by strong leasing activity and operational improvements.
Neutral
GlobeNewsWire
3 months ago
Ring Energy Announces Addition to Management Team
THE WOODLANDS, Texas, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the addition of a new senior technical executive.
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