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XNYS
REI
Market cap183mUSD
Dec 05, Last price  
0.94USD
1D
0.06%
1Q
-5.94%
Jan 2017
-92.76%
IPO
235.93%
Name

Ring Energy Inc

Chart & Performance

D1W1MN
XNYS:REI chart
P/E
2.72
P/S
0.50
EPS
0.35
Div Yield, %
Shrs. gr., 5y
24.57%
Rev. gr., 5y
13.36%
Revenues
366m
+1.46%
00008,2692,6241,757,44410,315,70138,089,44331,013,89230,850,24866,699,700120,065,361195,702,831113,025,138196,305,966347,249,537361,056,001366,327,000
Net income
67m
-35.66%
-28,267-127,081-124,078-334,055-78,419-320,248-1,669,283-452,2098,420,500-9,052,771-37,637,6871,753,8698,999,76029,496,551-253,411,8283,322,892138,635,025104,864,64167,470,000
CFO
194m
-1.89%
72,731,212-21,241-119,898-181,716-9,963-62,757-322,355-31,8518,116,40833,748,0659,843,74411,214,39742,806,20470,357,321106,616,22172,159,25572,731,212196,976,729198,170,459194,423,712

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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

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