Ring Energy Inc REI
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News
-
Presentation Times and Schedule for Participating Companies Now Posted on the Conference Website for 29th Annual EnerCom Denver - The Energy Investment Conference
-
Ring Energy Increases Sales Guidance and Announces Debt Reduction Results for Second Quarter 2024
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The 29th Annual EnerCom Denver - The Energy Investment Conference to Host The Energy Transition and Emerging Technology Session Featuring Start-Up Energy and Technology Companies
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Ring Energy Announces Management Team Changes
-
EnerCom Announces Unparalleled Networking Opportunities at the 29th Annual EnerCom Denver - The Energy Investment Conference, Including Charity Golf Tournament, Monday Cocktail Mixer, Casino Night, and Last Day Reception
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EnerCom Announces Chris Wright, Chairman and Chief Executive Officer of Liberty Energy, as Keynote Speaker at the 29th Annual EnerCom Denver - The Energy Investment Conference
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Ring Energy Reduces Debt After Sale of Delaware Basin Assets
Trading Information
- Previous Close Price
- $1.95
- Day Range
- $1.84–2.00
- 52-Week Range
- $1.25–2.43
- Bid/Ask
- $1.91 / $1.99
- Market Cap
- $380.04 Mil
- Volume/Avg
- 1.4 Mil / 1.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 4.00
- Price/Sales
- 1.03
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
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.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Value
- Total Number of Employees
- 108
- Website
- https://www.ringenergy.com
Comparables
Valuation
Metric
|
REI
|
ESTE
|
NOG
|
---|---|---|---|
Price/Earnings (Normalized) | 4.00 | 7.45 | 6.58 |
Price/Book Value | 0.48 | 1.24 | 2.03 |
Price/Sales | 1.03 | 1.30 | 1.92 |
Price/Cash Flow | 1.92 | 2.17 | 2.87 |
Price/Earnings
REI
ESTE
NOG
Financial Strength
Metric
|
REI
|
ESTE
|
NOG
|
---|---|---|---|
Quick Ratio | 0.40 | 0.39 | 0.86 |
Current Ratio | 0.50 | 0.47 | 0.96 |
Interest Coverage | 2.77 | 6.23 | 5.70 |
Quick Ratio
REI
ESTE
NOG
Profitability
Metric
|
REI
|
ESTE
|
NOG
|
---|---|---|---|
Return on Assets (Normalized) | 7.16% | 10.39% | 14.32% |
Return on Equity (Normalized) | 12.77% | 25.90% | 36.94% |
Return on Invested Capital (Normalized) | 11.08% | 14.53% | 20.71% |
Return on Assets
REI
ESTE
NOG
Oil & Gas E&P Industry Comparables
1-Day Chart
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