Symbols / REI $1.26 -29.21% Ring Energy, Inc.

Energy • Oil & Gas E&P • United States • ASE
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Stock Fundamentals
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Index EQUITY
Sector Energy
Industry Oil & Gas E&P
CEO Mr. Paul D. McKinney
Exch · Country ASE · United States
Market Cap 263.86M
Enterprise Value 691.22M
Income -264.43M
Sales 287.45M
FCF (ttm) 17.62M
Book/sh 2.97
Cash/sh 0.01
Employees 111
Insider 10d —
IPO Apr 10, 2007
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 4.34
PEG —
P/S 0.92
P/B 0.42
P/C —
EV/EBITDA 5.78
EV/Sales 2.40
Quick Ratio 0.32
Current Ratio 0.40
Debt/Eq 68.88
LT Debt/Eq —
EPS (ttm) -1.28
EPS next Y 0.29
EPS Growth —
Revenue Growth -2.40%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-05
Earnings (prior) 2026-05-06
ROA 1.03%
ROE -35.31%
ROIC —
Gross Margin 74.41%
Oper. Margin -84.12%
Profit Margin -91.99%
Shs Outstand 209.41M
Shs Float 186.47M
Insider Own 10.84%
Instit Own 32.93%
Short Float 5.05%
Short Ratio 2.08
Short Interest 10.21M
52W High 2.00
vs 52W High -37.00%
52W Low 0.72
vs 52W Low 75.00%
Beta —
Impl. Vol. 25.00%
Rel Volume 6.67
Avg Volume 5.74M
Volume 38.27M
Target (mean) $2.50
Tgt Median $2.50
Tgt Low $2.50
Tgt High $2.50
# Analysts 1
Recom Strong_buy
Prev Close $1.78
Price $1.26
Change -29.21%
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 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 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.

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
$1.51
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
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-05 JOHL SUNDIP SINGH Chief Financial Officer — 317,460 $0.00 $0
2026-02-17 CRUM JOHN A Director — 119,048 $0.00 $0
2026-02-17 HABACHY DAVID Director — 119,048 $0.00 $0
2026-02-17 YOUNG SHAWN D. Officer — 222,222 $0.00 $0
2026-02-17 PARR JAMES J. Officer — 317,460 $0.00 $0
2026-02-17 THARP CARLA TODD Director — 119,048 $0.00 $0
2026-02-17 KWON ROCKY Chief Financial Officer — 132,063 $0.00 $0
2026-02-17 MITCHELL THOMAS L Director — 119,048 $0.00 $0
2026-02-17 PETRELLI ANTHONY BENEDICT Director — 119,048 $0.00 $0
2026-02-17 HARRIS RICHARD E Director — 119,048 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
307.18
-16.15%
366.33
+1.46%
361.06
+3.98%
347.25
Operating Revenue
307.18
-16.15%
366.33
+1.46%
361.06
+3.98%
347.25
Cost Of Revenue
199.27
-1.55%
202.41
+9.61%
184.66
+44.92%
127.43
Reconciled Cost Of Revenue
199.27
-1.55%
202.41
+9.61%
184.66
+44.92%
127.43
Gross Profit
107.91
-34.17%
163.92
-7.07%
176.39
-19.76%
219.82
Operating Expense
33.42
+7.73%
31.02
+1.33%
30.61
+9.03%
28.08
Selling General And Administration
31.93
+7.72%
29.64
+1.55%
29.19
+7.73%
27.10
General And Administrative Expense
31.93
+7.72%
29.64
+1.55%
29.19
+7.73%
27.10
Other Gand A
31.93
+7.72%
29.64
+1.55%
29.19
+7.73%
27.10
Other Operating Expenses
1.49
+7.97%
1.38
-3.18%
1.43
+44.97%
0.98
Total Expenses
232.69
-0.32%
233.43
+8.43%
215.28
+38.44%
155.51
Operating Income
74.49
-43.95%
132.90
-8.84%
145.78
-23.97%
191.74
Total Operating Income As Reported
-34.34
-125.84%
132.90
-8.84%
145.78
-23.97%
191.74
EBITDA
94.66
-58.83%
229.93
-3.20%
237.53
+5.12%
225.95
Normalized EBITDA
171.38
-26.19%
232.20
-1.13%
234.85
-5.11%
247.48
Reconciled Depreciation
96.41
-2.32%
98.70
+11.39%
88.61
+58.97%
55.74
EBIT
-1.75
-101.34%
131.22
-11.88%
148.92
-12.51%
170.21
Total Unusual Items
-76.72
-3270.50%
-2.28
-184.93%
2.68
+112.45%
-21.53
Total Unusual Items Excluding Goodwill
-76.72
-3270.50%
-2.28
-184.93%
2.68
+112.45%
-21.53
Special Income Charges
-108.38
-120933.34%
0.09
+202.94%
-0.09
0.00
Impairment Of Capital Assets
108.83
—
—
0.00
Net Income
-34.73
-151.48%
67.47
-35.66%
104.86
-24.36%
138.64
Pretax Income
-42.18
-147.98%
87.91
-16.27%
104.99
-28.60%
147.04
Net Non Operating Interest Income Expense
-40.14
+6.26%
-42.82
+1.95%
-43.67
-88.49%
-23.17
Interest Expense Non Operating
40.43
-6.65%
43.31
-1.40%
43.93
+89.60%
23.17
Net Interest Income
-40.14
+6.26%
-42.82
+1.95%
-43.67
-88.49%
-23.17
Interest Expense
40.43
-6.65%
43.31
-1.40%
43.93
+89.60%
23.17
Interest Income Non Operating
0.29
-40.87%
0.49
+91.30%
0.26
+6428775.00%
0.00
Interest Income
0.29
-40.87%
0.49
+91.30%
0.26
+6428775.00%
0.00
Other Income Expense
-76.53
-3427.47%
-2.17
-175.36%
2.88
+113.37%
-21.53
Other Non Operating Income Expenses
0.19
+77.48%
0.11
-46.39%
0.20
—
Gain On Sale Of Security
31.66
+1438.12%
-2.37
-185.50%
2.77
+112.85%
-21.53
Tax Provision
-7.45
-136.46%
20.44
+16221.17%
0.13
-98.51%
8.41
Tax Rate For Calcs
0.00
-24.03%
0.00
+19430.60%
0.00
-97.91%
0.00
Tax Effect Of Unusual Items
-13.58
-2460.43%
-0.53
-16689.30%
0.00
+100.26%
-1.23
Net Income Including Noncontrolling Interests
-34.73
-151.48%
67.47
-35.66%
104.86
-24.36%
138.64
Net Income From Continuing Operation Net Minority Interest
-34.73
-151.48%
67.47
-35.66%
104.86
-24.36%
138.64
Net Income From Continuing And Discontinued Operation
-34.73
-151.48%
67.47
-35.66%
104.86
-24.36%
138.64
Net Income Continuous Operations
-34.73
-151.48%
67.47
-35.66%
104.86
-24.36%
138.64
Normalized Income
28.41
-58.96%
69.22
-32.27%
102.19
-35.71%
158.94
Net Income Common Stockholders
-34.73
-151.48%
67.47
-35.66%
104.86
-24.36%
138.64
Diluted EPS
-0.17
-150.00%
0.34
-37.04%
0.54
-44.90%
0.98
Basic EPS
-0.17
-150.00%
0.34
-38.18%
0.55
-51.75%
1.14
Basic Average Shares
204.98
+3.56%
197.94
+3.86%
190.59
+57.17%
121.26
Diluted Average Shares
204.98
+2.35%
200.28
+2.51%
195.36
+37.82%
141.75
Diluted NI Availto Com Stockholders
-34.73
-151.48%
67.47
-35.66%
104.86
-24.36%
138.64
Gain On Sale Of PPE
0.45
+397.70%
0.09
+202.94%
-0.09
0.00
Rent And Landing Fees
—
0.70
+29.27%
0.54
+48.88%
0.36
Rent Expense Supplemental
—
0.70
+29.27%
0.54
+48.88%
0.36
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,411.90
+0.27%
1,408.10
+2.30%
1,376.50
+8.47%
1,269.00
Current Assets
62.07
+23.04%
50.45
-9.77%
55.91
-11.49%
63.17
Cash Cash Equivalents And Short Term Investments
0.90
-51.62%
1.87
+529.72%
0.30
-92.02%
3.71
Cash And Cash Equivalents
0.90
-51.62%
1.87
+529.72%
0.30
-92.02%
3.71
Receivables
32.56
-12.60%
37.26
-9.98%
41.39
-4.71%
43.43
Accounts Receivable
32.56
-12.60%
37.26
-9.98%
41.39
-4.71%
43.43
Gross Accounts Receivable
32.76
-12.48%
37.44
-9.67%
41.45
-5.10%
43.67
Allowance For Doubtful Accounts Receivable
-0.20
-10.47%
-0.18
-210.29%
-0.06
+75.82%
-0.24
Inventory
5.31
+31.25%
4.05
-34.04%
6.14
-33.66%
9.25
Prepaid Assets
—
—
—
—
Hedging Assets Current
21.47
+290.54%
5.50
-11.56%
6.22
+33.12%
4.67
Other Current Assets
1.82
+2.32%
1.78
-4.99%
1.87
-10.79%
2.10
Total Non Current Assets
1,349.83
-0.58%
1,357.65
+2.81%
1,320.59
+9.52%
1,205.83
Net PPE
1,330.75
-0.99%
1,344.03
+3.71%
1,295.92
+9.66%
1,181.80
Gross PPE
1,899.93
+4.44%
1,819.24
+8.73%
1,673.17
+13.69%
1,471.74
Accumulated Depreciation
-569.18
-19.77%
-475.21
-25.97%
-377.25
-30.12%
-289.94
Other Properties
8.42
-15.18%
9.93
+3.18%
9.62
+21.81%
7.90
Non Current Deferred Assets
9.34
+14.57%
8.15
-37.46%
13.03
-27.20%
17.90
Total Liabilities Net Minority Interest
575.62
+4.76%
549.46
-6.86%
589.91
-2.96%
607.90
Current Liabilities
100.96
-3.88%
105.04
-7.71%
113.81
-19.74%
141.79
Payables And Accrued Expenses
97.88
+1.90%
96.06
-7.69%
104.06
-6.58%
111.40
Payables
40.55
+2.36%
39.62
+5.29%
37.63
-66.22%
111.40
Accounts Payable
40.20
+2.31%
39.29
+4.42%
37.63
-66.22%
111.40
Current Accrued Expenses
57.33
+1.57%
56.44
-15.05%
66.44
—
Total Tax Payable
0.36
+8.34%
0.33
0.00
—
Income Tax Payable
0.36
+8.34%
0.33
0.00
—
Current Debt And Capital Lease Obligation
1.82
-11.11%
2.05
-0.36%
2.06
+28.00%
1.61
Current Debt
0.51
+1.88%
0.50
-7.00%
0.53
+6.77%
0.50
Current Capital Lease Obligation
1.32
-15.26%
1.55
+1.96%
1.52
+37.58%
1.11
Current Deferred Liabilities
—
—
0.00
-100.00%
14.81
Other Current Liabilities
0.84
-86.88%
6.41
-14.76%
7.52
-43.65%
13.35
Total Non Current Liabilities Net Minority Interest
474.66
+6.80%
444.42
-6.65%
476.11
+2.15%
466.10
Long Term Debt And Capital Lease Obligation
421.41
+8.88%
387.05
-9.56%
427.96
+2.50%
417.53
Long Term Debt
420.00
+9.09%
385.00
-9.41%
425.00
+2.41%
415.00
Long Term Capital Lease Obligation
1.41
-31.20%
2.05
-30.65%
2.96
+17.18%
2.53
Long Term Provisions
29.97
+15.88%
25.86
-7.90%
28.08
-5.10%
29.59
Non Current Deferred Liabilities
20.76
-27.38%
28.59
+234.33%
8.55
+0.62%
8.50
Non Current Deferred Taxes Liabilities
20.76
-27.38%
28.59
+234.33%
8.55
+0.62%
8.50
Other Non Current Liabilities
—
0.00
—
—
Stockholders Equity
836.28
-2.60%
858.64
+9.16%
786.58
+18.98%
661.10
Common Stock Equity
836.28
-2.60%
858.64
+9.16%
786.58
+18.98%
661.10
Capital Stock
0.21
+4.58%
0.20
+0.88%
0.20
+12.14%
0.18
Common Stock
0.21
+4.58%
0.20
+0.88%
0.20
+12.14%
0.18
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
207.66
+4.58%
198.56
+0.88%
196.84
+12.14%
175.53
Ordinary Shares Number
207.66
+4.58%
198.56
+0.88%
196.84
+12.14%
175.53
Additional Paid In Capital
812.78
+1.54%
800.42
+0.58%
795.83
+2.66%
775.24
Retained Earnings
23.29
-59.86%
58.02
+714.08%
-9.45
+91.73%
-114.31
Total Equity Gross Minority Interest
836.28
-2.60%
858.64
+9.16%
786.58
+18.98%
661.10
Total Capitalization
1,256.28
+1.02%
1,243.64
+2.65%
1,211.58
+12.59%
1,076.10
Working Capital
-38.89
+28.75%
-54.59
+5.71%
-57.90
+26.37%
-78.63
Invested Capital
1,256.78
+1.02%
1,244.14
+2.64%
1,212.12
+12.59%
1,076.60
Total Debt
423.24
+8.77%
389.10
-9.51%
430.02
+2.60%
419.13
Net Debt
419.60
+9.38%
383.63
-9.78%
425.24
+3.27%
411.79
Capital Lease Obligations
2.73
-24.33%
3.61
-19.57%
4.48
+23.40%
3.63
Net Tangible Assets
836.28
-2.60%
858.64
+9.16%
786.58
+18.98%
661.10
Tangible Book Value
836.28
-2.60%
858.64
+9.16%
786.58
+18.98%
661.10
Current Notes Payable
0.51
+1.88%
0.50
-7.00%
0.53
+6.77%
0.50
Current Provisions
0.42
-19.15%
0.52
+212.53%
0.17
-73.95%
0.64
Derivative Product Liabilities
2.51
-13.73%
2.91
-74.69%
11.51
+9.77%
10.49
Financial Assets
9.74
+77.94%
5.47
-52.96%
11.63
+89.82%
6.13
Interest Payable
43.01
+11.43%
38.60
-19.64%
48.03
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
150.85
-22.41%
194.42
-1.89%
198.17
+0.61%
196.98
Cash Flow From Continuing Operating Activities
150.85
-22.41%
194.42
-1.89%
198.17
+0.61%
196.98
Net Income From Continuing Operations
-34.73
-151.48%
67.47
-35.66%
104.86
-24.36%
138.64
Depreciation Amortization Depletion
96.41
-2.32%
98.70
+11.39%
88.61
+58.97%
55.74
Other Non Cash Items
10.50
+2526.17%
-0.43
+90.60%
-4.60
+92.53%
-61.58
Stock Based Compensation
6.14
+11.44%
5.51
-37.67%
8.83
+23.33%
7.16
Asset Impairment Charge
108.84
+67569.57%
0.16
+20.03%
0.13
-44.68%
0.24
Deferred Tax
-7.86
-139.42%
19.94
+4787.65%
-0.43
-104.88%
8.72
Deferred Income Tax
-7.86
-139.42%
19.94
+4787.65%
-0.43
-104.88%
8.72
Operating Gains Losses
-32.11
-1510.46%
2.28
+182.26%
-2.77
-112.85%
21.53
Gain Loss On Investment Securities
-31.66
-1438.12%
2.37
+185.50%
-2.77
-112.85%
21.53
Change In Working Capital
3.62
+417.05%
0.70
-76.98%
3.04
-88.66%
26.83
Change In Receivables
4.45
+23.88%
3.59
+211.46%
1.15
+106.70%
-17.21
Changes In Account Receivables
4.45
+23.88%
3.59
+211.46%
1.15
+106.70%
-17.21
Change In Inventory
-1.26
-160.55%
2.09
-32.91%
3.11
+155.62%
-5.60
Change In Prepaid Assets
-0.04
-144.28%
0.09
-58.75%
0.23
+119.48%
-1.16
Change In Payables And Accrued Expense
0.47
+109.35%
-5.08
-249.78%
-1.45
-102.86%
50.81
Change In Payable
0.47
+109.35%
-5.08
-249.78%
-1.45
-102.86%
50.81
Change In Account Payable
0.47
+109.35%
-5.08
-249.78%
-1.45
-102.86%
50.81
Investing Cash Flow
-179.50
-18.99%
-150.85
+32.22%
-222.57
+27.94%
-308.88
Cash Flow From Continuing Investing Activities
-179.50
-18.99%
-150.85
+32.22%
-222.57
+27.94%
-308.88
Net PPE Purchase And Sale
-179.76
-19.16%
-150.85
-6.36%
-141.83
-8.22%
-131.06
Purchase Of PPE
-179.78
-14.88%
-156.49
-0.82%
-155.21
-18.29%
-131.22
Sale Of PPE
0.02
-99.69%
5.63
-57.91%
13.38
+8351.83%
0.16
Capital Expenditure
-179.78
-14.88%
-156.49
-0.82%
-155.21
-18.29%
-131.22
Net Business Purchase And Sale
0.00
0.00
+100.00%
-80.74
+54.60%
-177.82
Purchase Of Business
0.00
0.00
+100.00%
-80.74
+54.60%
-177.82
Net Other Investing Changes
0.26
—
—
—
Financing Cash Flow
27.69
+165.93%
-42.00
-300.12%
20.99
-81.46%
113.21
Cash Flow From Continuing Financing Activities
27.69
+165.93%
-42.00
-300.12%
20.99
-81.46%
113.21
Net Issuance Payments Of Debt
34.53
+184.23%
-40.99
-542.80%
9.26
-92.56%
124.42
Issuance Of Debt
233.47
+77.46%
131.56
-41.95%
226.64
-64.44%
637.32
Repayment Of Debt
-198.95
-15.30%
-172.55
+20.62%
-217.38
+57.62%
-512.90
Long Term Debt Issuance
231.82
+78.33%
130.00
-42.22%
225.00
-64.62%
636.00
Long Term Debt Payments
-197.31
-15.42%
-170.95
+20.77%
-215.78
+57.81%
-511.50
Net Long Term Debt Issuance
34.52
+184.28%
-40.95
-544.02%
9.22
-92.59%
124.50
Short Term Debt Issuance
1.65
+5.66%
1.56
-4.72%
1.64
+23.74%
1.32
Short Term Debt Payments
-1.64
-2.60%
-1.60
+0.38%
-1.60
-13.74%
-1.41
Net Short Term Debt Issuance
0.01
+125.06%
-0.04
-210.29%
0.03
+139.12%
-0.09
Net Common Stock Issuance
0.00
0.00
-100.00%
12.30
+49.96%
8.20
Proceeds From Stock Option Exercised
—
—
0.00
0.00
Net Other Financing Charges
-6.84
-578.47%
-1.01
-76.06%
-0.57
+97.05%
-19.41
Changes In Cash
-0.96
-161.37%
1.57
+145.96%
-3.42
-361.93%
1.30
Beginning Cash Position
1.87
+529.72%
0.30
-92.02%
3.71
+54.15%
2.41
End Cash Position
0.90
-51.62%
1.87
+529.72%
0.30
-92.02%
3.71
Free Cash Flow
-28.93
-176.26%
37.94
-11.68%
42.96
-34.68%
65.76
Interest Paid Supplemental Data
32.36
-17.43%
39.20
+3.12%
38.01
+91.79%
19.82
Income Tax Paid Supplemental Data
0.35
+381.20%
0.07
+0.00%
0.07
0.00
Common Stock Issuance
0.00
0.00
-100.00%
12.30
+49.96%
8.20
Excess Tax Benefit From Stock Based Compensation
0.03
-70.52%
0.10
-78.18%
0.48
+253.17%
-0.31
Issuance Of Capital Stock
0.00
0.00
-100.00%
12.30
+49.96%
8.20
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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