Symbols / REI
REI Chart
About
Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,620 net developed acres and 4,029 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,722 net developed acres and 11,548 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in The Woodlands, Texas.
Fundamentals
Scroll to Statements| Sector | Energy | Industry | Oil & Gas E&P | Market Cap | 260.07M |
| Enterprise Value | 700.96M | Income | -16.23M | Sales | 308.79M |
| Book/sh | 4.09 | Cash/sh | 0.00 | Dividend Yield | — |
| Payout | 0.00% | Employees | 115 | IPO | — |
| P/E | — | Forward P/E | 6.28 | PEG | — |
| P/S | 0.84 | P/B | 0.31 | P/C | — |
| EV/EBITDA | 3.60 | EV/Sales | 2.27 | Quick Ratio | 0.35 |
| Current Ratio | 0.55 | Debt/Eq | 50.95 | LT Debt/Eq | — |
| EPS (ttm) | -0.08 | EPS next Y | 0.20 | EPS Growth | — |
| Revenue Growth | -11.90% | Earnings | 2026-03-04 | ROA | 4.20% |
| ROE | -1.91% | ROIC | — | Gross Margin | 75.05% |
| Oper. Margin | 24.49% | Profit Margin | -5.26% | Shs Outstand | 207.22M |
| Shs Float | 186.40M | Short Float | 5.45% | Short Ratio | 3.77 |
| Short Interest | — | 52W High | 1.40 | 52W Low | 0.72 |
| Beta | 0.88 | Avg Volume | 2.31M | Volume | 651.55K |
| Target Price | $2.50 | Recom | None | Prev Close | $1.30 |
| Price | $1.25 | Change | -3.46% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$2.50
Mean price target
2. Current target
$1.26
Latest analyst target
3. DCF / Fair value
$-3.17
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.26
Low
$2.50
High
$2.50
Mean
$2.50
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2022-08-01 | down | Roth Capital | Buy → Neutral | $8 |
| 2021-10-14 | up | Roth Capital | Neutral → Buy | $5 |
| 2020-03-09 | down | SunTrust Robinson Humphrey | Buy → Hold | $1 |
| 2018-10-02 | down | Seaport Global | Buy → Neutral | $12 |
| 2018-02-06 | init | B. Riley Securities | — → Buy | $22 |
| 2017-12-21 | init | KLR Group | — → Buy | $20 |
| 2017-08-15 | init | Imperial Capital | — → Outperform | $18 |
| 2016-09-27 | init | Imperial Capital | — → Outperform | $14 |
| 2016-08-29 | init | Rodman & Renshaw | — → Buy | $15 |
| 2016-02-03 | init | GMP Securities | — → Hold | $7 |
| 2015-10-20 | init | Canaccord Genuity | — → Buy | $13 |
| 2015-04-16 | init | MLV & Co. | — → Buy | $15 |
| 2015-04-15 | main | SunTrust Robinson Humphrey | — → Buy | $14 |
| 2015-03-18 | main | Roth Capital | — → Buy | $16 |
| 2014-12-02 | init | Roth Capital | — → Buy | $23 |
| 2014-11-24 | down | Canaccord Genuity | Buy → Hold | — |
| 2014-07-10 | init | Seaport Global | — → Buy | $24 |
| 2014-07-01 | init | Canaccord Genuity | — → Buy | $20 |
News
RSS: Latest REI news- Ring Energy (REI) Expected to Announce Earnings on Wednesday - MarketBeat Wed, 25 Feb 2026 09
- REI sale: Patagonia jackets and outdoor gear deals to shop now - SFGATE Mon, 23 Feb 2026 16
- (REI.UN) Market Performance Analysis (REI.UN:CA) - Stock Traders Daily ue, 24 Feb 2026 02
- PROP vs. REI: Which Oil Stock Under $5 Is Worth Holding Now? - Zacks Investment Research Wed, 10 Sep 2025 07
- Alliance Global Partners Resumes Coverage of Ring Energy (REI) Stock with a Buy - Yahoo Finance Wed, 16 Jul 2025 07
- Ring Energy: The Game Continues (NYSE:REI) - Seeking Alpha Fri, 14 Nov 2025 08
- The REI winter clearance sale is here, with epic savings on outdoor apparel while stocks last—get up to 62% off! - Fit&Well ue, 17 Feb 2026 16
- $18 Million Debt Reduction: Ring Energy Strengthens Balance Sheet as Major Investor Exits Position - Stock Titan ue, 26 Aug 2025 07
- Ring Energy Appoints New Executive Vice President and CFO - The Globe and Mail Wed, 04 Feb 2026 08
- Ring Energy (REI): Assessing Valuation After Debt Reduction Plan and Stock’s Sharp Rise on Mixed Results - simplywall.st hu, 09 Oct 2025 07
- RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Price Expected to Rise, Raymond James Financial Analyst Says - MarketBeat Mon, 23 Feb 2026 20
- Ring Energy: Solid Debt Reduction Progress In H2 2025 (NYSE:REI) - Seeking Alpha Sat, 24 Jan 2026 08
- RioCan (TSX:REI.UN): Is the Stock’s High Valuation Justified by Recent Performance? - Yahoo Finance ue, 11 Nov 2025 08
- Nov. 6 earnings release: Ring Energy to report Q3 results; conference call Nov. 7, webcast available - Stock Titan hu, 16 Oct 2025 07
- GSA Capital Partners LLP Makes New Investment in Ring Energy, Inc. $REI - MarketBeat Sun, 22 Feb 2026 10
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 439007 | — | — | Stock Award(Grant) at price 0.00 per share. | DYES ALEXANDER | Chief Operating Officer | — | 2026-02-17 00:00:00 | D |
| 1 | 119048 | — | — | Stock Award(Grant) at price 0.00 per share. | HABACHY DAVID | Director | — | 2026-02-17 00:00:00 | D |
| 2 | 222222 | — | — | Stock Award(Grant) at price 0.00 per share. | YOUNG SHAWN D. | Officer | — | 2026-02-17 00:00:00 | D |
| 3 | 317460 | — | — | Stock Award(Grant) at price 0.00 per share. | PARR JAMES J. | Officer | — | 2026-02-17 00:00:00 | D |
| 4 | 119048 | — | — | Stock Award(Grant) at price 0.00 per share. | THARP CARLA TODD | Director | — | 2026-02-17 00:00:00 | D |
| 5 | 132063 | — | — | Stock Award(Grant) at price 0.00 per share. | KWON ROCKY | Chief Financial Officer | — | 2026-02-17 00:00:00 | D |
| 6 | 238095 | — | — | Stock Award(Grant) at price 0.00 per share. | FEINER PHILLIP B | General Counsel | — | 2026-02-17 00:00:00 | D |
| 7 | 1511499 | — | — | Stock Award(Grant) at price 0.00 per share. | MCKINNEY PAUL D | Chief Executive Officer | — | 2026-02-17 00:00:00 | D |
| 8 | 29069 | 24950 | — | Purchase at price 0.86 per share. | DYES ALEXANDER | Chief Operating Officer | — | 2025-08-14 00:00:00 | D |
| 9 | 50000 | 40745 | — | Purchase at price 0.80 - 0.84 per share. | MCKINNEY PAUL D | Chief Executive Officer | — | 2025-08-12 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -530.36K | 2.68K | -1.23M | -2.02M |
| TaxRateForCalcs | 0.23 | 0.00 | 0.06 | 0.03 |
| NormalizedEBITDA | 232.20M | 234.85M | 247.48M | 132.92M |
| TotalUnusualItems | -2.28M | 2.68M | -21.53M | -77.85M |
| TotalUnusualItemsExcludingGoodwill | -2.28M | 2.68M | -21.53M | -77.85M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 67.47M | 104.86M | 138.64M | 3.32M |
| ReconciledDepreciation | 98.70M | 88.61M | 55.74M | 37.17M |
| ReconciledCostOfRevenue | 202.41M | 184.66M | 127.43M | 83.74M |
| EBITDA | 229.93M | 237.53M | 225.95M | 55.07M |
| EBIT | 131.22M | 148.92M | 170.21M | 17.90M |
| NetInterestIncome | -42.82M | -43.67M | -23.17M | -14.49M |
| InterestExpense | 43.31M | 43.93M | 23.17M | 14.49M |
| InterestIncome | 491.95K | 257.15K | 4.00 | 1.00 |
| NormalizedIncome | 69.22M | 102.19M | 158.94M | 79.15M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 67.47M | 104.86M | 138.64M | 3.32M |
| TotalExpenses | 233.43M | 215.28M | 155.51M | 100.55M |
| RentExpenseSupplemental | 700.36K | 541.80K | 363.91K | 523.49K |
| TotalOperatingIncomeAsReported | 132.90M | 145.78M | 191.74M | 95.76M |
| DilutedAverageShares | 200.28M | 195.36M | 141.75M | 121.19M |
| BasicAverageShares | 197.94M | 190.59M | 121.26M | 99.39M |
| DilutedEPS | 0.34 | 0.54 | 0.98 | 0.03 |
| BasicEPS | 0.34 | 0.55 | 1.14 | 0.03 |
| DilutedNIAvailtoComStockholders | 67.47M | 104.86M | 138.64M | 3.32M |
| NetIncomeCommonStockholders | 67.47M | 104.86M | 138.64M | 3.32M |
| NetIncome | 67.47M | 104.86M | 138.64M | 3.32M |
| NetIncomeIncludingNoncontrollingInterests | 67.47M | 104.86M | 138.64M | 3.32M |
| NetIncomeContinuousOperations | 67.47M | 104.86M | 138.64M | 3.32M |
| TaxProvision | 20.44M | 125.24K | 8.41M | 90.34K |
| PretaxIncome | 87.91M | 104.99M | 147.04M | 3.41M |
| OtherIncomeExpense | -2.17M | 2.88M | -21.53M | -77.85M |
| OtherNonOperatingIncomeExpenses | 106.66K | 198.94K | ||
| SpecialIncomeCharges | 89.69K | -87.13K | 0.00 | 0.00 |
| GainOnSaleOfPPE | 89.69K | -87.13K | 0.00 | 0.00 |
| ImpairmentOfCapitalAssets | 0.00 | 0.00 | ||
| GainOnSaleOfSecurity | -2.37M | 2.77M | -21.53M | -77.85M |
| NetNonOperatingInterestIncomeExpense | -42.82M | -43.67M | -23.17M | -14.49M |
| InterestExpenseNonOperating | 43.31M | 43.93M | 23.17M | 14.49M |
| InterestIncomeNonOperating | 491.95K | 257.15K | 4.00 | 1.00 |
| OperatingIncome | 132.90M | 145.78M | 191.74M | 95.76M |
| OperatingExpense | 31.02M | 30.61M | 28.08M | 16.81M |
| OtherOperatingExpenses | 1.38M | 1.43M | 983.43K | 744.04K |
| SellingGeneralAndAdministration | 29.64M | 29.19M | 27.10M | 16.07M |
| GeneralAndAdministrativeExpense | 29.64M | 29.19M | 27.10M | 16.07M |
| OtherGandA | 29.64M | 29.19M | 27.10M | 16.07M |
| RentAndLandingFees | 700.36K | 541.80K | 363.91K | 523.49K |
| GrossProfit | 163.92M | 176.39M | 219.82M | 112.57M |
| CostOfRevenue | 202.41M | 184.66M | 127.43M | 83.74M |
| TotalRevenue | 366.33M | 361.06M | 347.25M | 196.31M |
| OperatingRevenue | 366.33M | 361.06M | 347.25M | 196.31M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 198.56M | 196.84M | 175.53M | 100.19M |
| ShareIssued | 198.56M | 196.84M | 175.53M | 100.19M |
| NetDebt | 383.63M | 425.24M | 411.79M | 288.18M |
| TotalDebt | 389.10M | 430.02M | 419.13M | 292.68M |
| TangibleBookValue | 858.64M | 786.58M | 661.10M | 300.62M |
| InvestedCapital | 1.24B | 1.21B | 1.08B | 591.21M |
| WorkingCapital | -54.59M | -57.90M | -78.63M | -46.86M |
| NetTangibleAssets | 858.64M | 786.58M | 661.10M | 300.62M |
| CapitalLeaseObligations | 3.61M | 4.48M | 3.63M | 2.09M |
| CommonStockEquity | 858.64M | 786.58M | 661.10M | 300.62M |
| TotalCapitalization | 1.24B | 1.21B | 1.08B | 590.62M |
| TotalEquityGrossMinorityInterest | 858.64M | 786.58M | 661.10M | 300.62M |
| StockholdersEquity | 858.64M | 786.58M | 661.10M | 300.62M |
| RetainedEarnings | 58.02M | -9.45M | -114.31M | -252.95M |
| AdditionalPaidInCapital | 800.42M | 795.83M | 775.24M | 553.47M |
| CapitalStock | 198.56K | 196.84K | 175.53K | 100.19K |
| CommonStock | 198.56K | 196.84K | 175.53K | 100.19K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 549.46M | 589.91M | 607.90M | 383.53M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 444.42M | 476.11M | 466.10M | 306.86M |
| DerivativeProductLiabilities | 2.91M | 11.51M | 10.49M | 0.00 |
| NonCurrentDeferredLiabilities | 28.59M | 8.55M | 8.50M | 90.29K |
| NonCurrentDeferredTaxesLiabilities | 28.59M | 8.55M | 8.50M | 90.29K |
| LongTermDebtAndCapitalLeaseObligation | 387.05M | 427.96M | 417.53M | 291.48M |
| LongTermCapitalLeaseObligation | 2.05M | 2.96M | 2.53M | 1.48M |
| LongTermDebt | 385.00M | 425.00M | 415.00M | 290.00M |
| LongTermProvisions | 25.86M | 28.08M | 29.59M | 15.29M |
| CurrentLiabilities | 105.04M | 113.81M | 141.79M | 76.67M |
| OtherCurrentLiabilities | 6.41M | 7.52M | 13.35M | 29.24M |
| CurrentDeferredLiabilities | 0.00 | 14.81M | 0.00 | |
| CurrentDebtAndCapitalLeaseObligation | 2.05M | 2.06M | 1.61M | 1.19M |
| CurrentCapitalLeaseObligation | 1.55M | 1.52M | 1.11M | 607.28K |
| CurrentDebt | 496.40K | 533.73K | 499.88K | 586.41K |
| CurrentNotesPayable | 496.40K | 533.73K | 499.88K | 586.41K |
| CurrentProvisions | 517.67K | 165.64K | 635.84K | |
| PayablesAndAccruedExpenses | 96.06M | 104.06M | 111.40M | 46.23M |
| CurrentAccruedExpenses | 56.44M | 66.44M | ||
| InterestPayable | 38.60M | 48.03M | ||
| Payables | 39.62M | 37.63M | 111.40M | 46.23M |
| TotalTaxPayable | 328.99K | 0.00 | ||
| IncomeTaxPayable | 328.99K | 0.00 | ||
| AccountsPayable | 39.29M | 37.63M | 111.40M | 46.23M |
| TotalAssets | 1.41B | 1.38B | 1.27B | 684.16M |
| TotalNonCurrentAssets | 1.36B | 1.32B | 1.21B | 654.35M |
| NonCurrentDeferredAssets | 8.15M | 13.03M | 17.90M | 1.71M |
| FinancialAssets | 5.47M | 11.63M | 6.13M | 0.00 |
| NetPPE | 1.34B | 1.30B | 1.18B | 652.64M |
| AccumulatedDepreciation | -475.21M | -377.25M | -289.94M | -236.00M |
| GrossPPE | 1.82B | 1.67B | 1.47B | 888.63M |
| OtherProperties | 9.93M | 9.62M | 7.90M | 4.79M |
| CurrentAssets | 50.45M | 55.91M | 63.17M | 29.81M |
| OtherCurrentAssets | 1.78M | 1.87M | 2.10M | 938.03K |
| HedgingAssetsCurrent | 5.50M | 6.22M | 4.67M | 0.00 |
| PrepaidAssets | 938.03K | |||
| Inventory | 4.05M | 6.14M | 9.25M | 0.00 |
| Receivables | 37.26M | 41.39M | 43.43M | 26.46M |
| AccountsReceivable | 37.26M | 41.39M | 43.43M | 26.46M |
| AllowanceForDoubtfulAccountsReceivable | -181.73K | -58.57K | -242.25K | |
| GrossAccountsReceivable | 37.44M | 41.45M | 43.67M | |
| CashCashEquivalentsAndShortTermInvestments | 1.87M | 296.38K | 3.71M | 2.41M |
| CashAndCashEquivalents | 1.87M | 296.38K | 3.71M | 2.41M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 38.08M | 42.96M | 65.76M | 19.49M |
| RepaymentOfDebt | -172.55M | -217.38M | -512.90M | -84.19M |
| IssuanceOfDebt | 131.56M | 226.64M | 637.32M | 61.45M |
| IssuanceOfCapitalStock | 0.00 | 12.30M | 8.20M | 367.51K |
| CapitalExpenditure | -156.34M | -155.21M | -131.22M | -53.24M |
| InterestPaidSupplementalData | 39.20M | 38.01M | 19.82M | 14.11M |
| IncomeTaxPaidSupplementalData | 72.21K | 72.21K | 0.00 | |
| EndCashPosition | 1.87M | 296.38K | 3.71M | 2.41M |
| BeginningCashPosition | 296.38K | 3.71M | 2.41M | 3.58M |
| ChangesInCash | 1.57M | -3.42M | 1.30M | -1.17M |
| FinancingCashFlow | -42.00M | 20.99M | 113.21M | -22.66M |
| CashFlowFromContinuingFinancingActivities | -42.00M | 20.99M | 113.21M | -22.66M |
| NetOtherFinancingCharges | -1.01M | -572.38K | -19.41M | -490.15K |
| ProceedsFromStockOptionExercised | 0.00 | 0.00 | 200.00K | |
| NetCommonStockIssuance | 0.00 | 12.30M | 8.20M | 367.51K |
| CommonStockIssuance | 0.00 | 12.30M | 8.20M | 367.51K |
| NetIssuancePaymentsOfDebt | -40.99M | 9.26M | 124.42M | -22.74M |
| NetShortTermDebtIssuance | -37.34K | 33.85K | -86.53K | 586.41K |
| ShortTermDebtPayments | -1.60M | -1.60M | -1.41M | -711.31K |
| ShortTermDebtIssuance | 1.56M | 1.64M | 1.32M | 1.30M |
| NetLongTermDebtIssuance | -40.95M | 9.22M | 124.50M | -23.33M |
| LongTermDebtPayments | -170.95M | -215.78M | -511.50M | -83.48M |
| LongTermDebtIssuance | 130.00M | 225.00M | 636.00M | 60.15M |
| InvestingCashFlow | -150.85M | -222.57M | -308.88M | -51.24M |
| CashFlowFromContinuingInvestingActivities | -150.85M | -222.57M | -308.88M | -51.24M |
| NetBusinessPurchaseAndSale | 0.00 | -80.74M | -177.82M | 0.00 |
| PurchaseOfBusiness | 0.00 | -80.74M | -177.82M | 0.00 |
| NetPPEPurchaseAndSale | -150.85M | -141.83M | -131.06M | -51.24M |
| SaleOfPPE | 5.49M | 13.38M | 158.30K | 2.00M |
| PurchaseOfPPE | -156.34M | -155.21M | -131.22M | -53.24M |
| OperatingCashFlow | 194.42M | 198.17M | 196.98M | 72.73M |
| CashFlowFromContinuingOperatingActivities | 194.42M | 198.17M | 196.98M | 72.73M |
| ChangeInWorkingCapital | 700.39K | 3.04M | 26.83M | 5.42M |
| ChangeInPayablesAndAccruedExpense | -5.08M | -1.45M | 50.81M | 15.45M |
| ChangeInPayable | -5.08M | -1.45M | 50.81M | 15.45M |
| ChangeInAccountPayable | -5.08M | -1.45M | 50.81M | 15.45M |
| ChangeInPrepaidAssets | 93.51K | 226.69K | -1.16M | -541.92K |
| ChangeInInventory | 2.09M | 3.11M | -5.60M | 0.00 |
| ChangeInReceivables | 3.59M | 1.15M | -17.21M | -9.48M |
| ChangesInAccountReceivables | 3.59M | 1.15M | -17.21M | -9.48M |
| OtherNonCashItems | -432.68K | -4.60M | -61.58M | -53.55M |
| ExcessTaxBenefitFromStockBasedCompensation | 104.34K | 478.30K | -312.27K | -175.19K |
| StockBasedCompensation | 5.51M | 8.83M | 7.16M | 2.42M |
| AssetImpairmentCharge | 160.85K | 134.01K | 242.25K | 0.00 |
| DeferredTax | 19.94M | -425.27K | 8.72M | 265.48K |
| DeferredIncomeTax | 19.94M | -425.27K | 8.72M | 265.48K |
| DepreciationAmortizationDepletion | 98.70M | 88.61M | 55.74M | 37.17M |
| OperatingGainsLosses | 2.28M | -2.77M | 21.53M | 77.85M |
| GainLossOnInvestmentSecurities | 2.37M | -2.77M | 21.53M | 77.85M |
| NetIncomeFromContinuingOperations | 67.47M | 104.86M | 138.64M | 3.32M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for REI
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|