Ring Energy, Inc. (REI)

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Company Performance

Current Price

as of Oct 17, 2024

$1.56

P/E Ratio

4.41

Market Cap

$309.15M

Description

Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The firm's areas of operation are situated in the Permian Basin, the Central Basin Platform, and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is headquartered in The Woodlands, TX.

Metrics

Overview

HQThe Woodlands, TX
SectorEnergy Minerals
IndustryIntegrated Oil
TickerREI
Price$1.56-1.27%

Trading Information

Market Cap$309.15M
Float71.54%
Average Daily Volume (1m)2,182,715
Average Daily Volume (3m)1,663,894
EPS$0.36

Company

Revenue$387.27M
Rev Growth (1yr)24.94%
Net Income$22.42M
Gross Margin69.61%
EBITDA Margin67.45%
EBITDA$66.87M

EV$749.89M
EV/Revenue1.94
P/E4.41
P/S0.82
P/B0.38

Documents

Earnings Calls

Earnings Report 2024Q2

Earnings Report 2024Q1

Earnings Report (2023-11-03)

Earnings Report (2023-08-04)

Factset Street Account

StreetAccount Earnings Call Q&A Summary: Ring Energy Q3 ($ 1.72, -0.04) (2023-11-03T17:06:55Z)

Ring Energy reports Q3 EPS $0.13 ex-items vs FactSet $0.12 [3 est, $0.10-0.14] ($1.76, 0.00) (2023-11-02T20:55:35Z)