Ring Energy Inc REI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $1.18
- Day Range
- $1.20–1.23
- 52-Week Range
- $0.72–2.00
- Bid/Ask
- $1.21 / $1.22
- Shares Outstanding
- 253.85M
- Market Cap
- $310.97M
- Volume/Avg
- 5M / 6M
Key Statistics
- Price/Earnings (Normalized)
- 6.94
- Price/Sales
- 0.81
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Ring Energy Inc is an independent oil and natural gas exploration and production company based in the United States. It is engaged in oil and natural gas development, production, acquisition, and exploration activities, currently focused on the Permian Basin of Texas. The company's drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Value
- Total Number of Employees
- 111
- Website
- https://www.ringenergy.com
Valuation
|
Metric
|
REI
|
|---|---|
Price/Earnings (Normalized) | 6.94 |
Price/Book Value | 0.40 |
Price/Sales | 0.81 |
Price/Cash Flow | 1.75 |
Price/Earnings
REI
Financial Strength
|
Metric
|
REI
|
|---|---|
Quick Ratio | 0.32 |
Current Ratio | 0.40 |
Interest Coverage | −6.15 |
Quick Ratio
REI
Profitability
|
Metric
|
REI
|
|---|---|
Return on Assets (Normalized) | 2.47% |
Return on Equity (Normalized) | 4.30% |
Return on Invested Capital (Normalized) | 5.72% |
Return on Assets
REI
Oil & Gas E&P Industry Comparables
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1-Day Chart
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United States