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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

D1W1MN
XNYS:REI chart
P/E
2.64
P/S
0.77
EPS
0.54
Div Yield, %
0.00%
Shrs. gr., 5y
26.28%
Rev. gr., 5y
24.63%
Revenues
361m
+3.98%
00008,2692,6241,757,44410,315,70138,089,44331,013,89230,850,24866,699,700120,065,361195,702,831113,025,138196,305,966347,249,537361,056,001
Net income
105m
-24.36%
-28,267-127,081-124,078-334,055-78,419-320,248-1,669,283-452,2098,420,500-9,052,771-37,637,6871,753,8698,999,76029,496,551-253,411,8283,322,892138,635,025104,864,641
CFO
198m
+0.61%
72,731,212-21,241-119,898-181,716-9,963-62,757-322,355-31,8518,116,40833,748,0659,843,74411,214,39742,806,20470,357,321106,616,22172,159,25572,731,212196,976,729198,170,459
Earnings
Mar 05, 2025

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.
IPO date
Mar 28, 2007
Employees
98
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
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%