XNYSREI
Market cap277mUSD
Jan 07, Last price
1.42USD
1D
-0.70%
1Q
-11.80%
Jan 2017
-89.07%
IPO
-64.50%
Name
Ring Energy Inc
Chart & Performance
Profile
Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 361,056 3.98% | 347,250 76.89% | |||||||
Cost of revenue | 213,850 | 154,522 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 147,206 | 192,728 | |||||||
NOPBT Margin | 40.77% | 55.50% | |||||||
Operating Taxes | 125 | 8,409 | |||||||
Tax Rate | 0.09% | 4.36% | |||||||
NOPAT | 147,081 | 184,319 | |||||||
Net income | 104,865 -24.36% | 138,635 4,072.12% | |||||||
Dividends | |||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | 12,302 | 7,682 | |||||||
BB yield | -4.31% | -2.20% | |||||||
Debt | |||||||||
Debt current | 2,058 | 1,608 | |||||||
Long-term debt | 432,445 | 421,161 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 48,145 | 40,712 | |||||||
Net debt | 434,207 | 412,927 | |||||||
Cash flow | |||||||||
Cash from operating activities | 198,170 | 196,977 | |||||||
CAPEX | (155,214) | (131,216) | |||||||
Cash from investing activities | (222,573) | (308,881) | |||||||
Cash from financing activities | 20,987 | 113,209 | |||||||
FCF | 7,751 | (309,463) | |||||||
Balance | |||||||||
Cash | 296 | 3,713 | |||||||
Long term investments | 6,129 | ||||||||
Excess cash | |||||||||
Stockholders' equity | (9,252) | (114,138) | |||||||
Invested Capital | 1,273,998 | 1,235,087 | |||||||
ROIC | 11.72% | 17.58% | |||||||
ROCE | 11.64% | 17.06% | |||||||
EV | |||||||||
Common stock shares outstanding | 195,365 | 141,755 | |||||||
Price | 1.46 -40.65% | 2.46 7.89% | |||||||
Market cap | 285,233 -18.20% | 348,716 26.20% | |||||||
EV | 719,440 | 761,643 | |||||||
EBITDA | 235,816 | 192,783 | |||||||
EV/EBITDA | 3.05 | 3.95 | |||||||
Interest | 43,927 | 23,168 | |||||||
Interest/NOPBT | 29.84% | 12.02% |