Ring Energy Inc
$ 1.30
1.56%
07 Aug - close price
- Market Cap 268,044,000 USD
- Current Price $ 1.30
- High / Low $ 1.33 / 1.25
- Stock P/E N/A
- Book Value 2.97
- EPS -1.28
- Next Earning Report -
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA 0.01 %
- ROE -0.35 %
- 52 Week High 2.00
- 52 Week Low 0.79
About
Ring Energy, Inc., an exploration and production company, is engaged in the acquisition, exploration, development and production of oil and natural gas in Texas and New Mexico. The company is headquartered in Midland, Texas.
Analyst Target Price
$2.12
Quarterly Earnings
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-08-05 | 2026-05-06 | 2026-03-04 | 2025-11-06 | 2025-08-06 | 2025-05-07 | 2025-03-05 | 2024-11-06 | 2024-08-06 | 2024-05-06 | 2024-03-07 | 2023-11-02 |
| Reported EPS | 0.09 | 0.04 | 0.02 | 0.06 | 0.05 | 0.05 | 0.06 | 0.07 | 0.12 | 0.1 | 0.11 | 0.13 |
| Estimated EPS | 0.03 | 0.02 | 0.02 | 0.04 | 0.03 | 0.05 | 0.0625 | 0.07 | 0.12 | 0.1 | 0.12 | 0.12 |
| Surprise | 0.06 | 0.02 | 0 | 0.02 | 0.02 | 0 | -0.0025 | 0 | 0 | 0 | -0.01 | 0.01 |
| Surprise Percentage | 200% | 100% | 0% | 50% | 66.6667% | 0% | -4% | 0% | 0% | 0% | -8.3333% | 8.3333% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: REI
2026-08-07 03:40:23
This article provides comprehensive financial information for Ring Energy, Inc. (REI), including its current stock price, historical data, key statistics, company overview, and performance metrics. It details the company's oil and gas exploration and production activities, recent earnings trends, and analyst ratings, alongside comparisons with similar companies in the industry. The stock closed at $1.28, up 4.07%, and has a 1-year target estimate of $2.12.
2026-08-06 18:13:35
Ring Energy (REI) reported strong Q2 2026 results, exceeding analyst expectations for earnings and revenue, driven by a strategic shift towards horizontal development in the Permian Basin. The company raised its production guidance and outlined significant cost improvements through 2027, while emphasizing its consolidation leadership and improved financial flexibility with reduced debt. Despite operational progress, challenges include elevated debt, investor skepticism, and commodity price volatility.
2026-08-06 14:57:00
Ring Energy, an oil and natural gas company operating in the Permian Basin, is setting an ambitious target to increase its production by 10% by the year 2027. This move signals the company's growth strategy and its focus on expanding operations within the Permian region. The article highlights Ring Energy's commitment to enhancing its output in a key U.S. energy production area.
2026-08-06 00:47:57
Ring Energy (REI) reported strong Q2 earnings of $0.1 per share, exceeding the Zacks Consensus Estimate of $0.04, and revenues of $104.68 million, surpassing estimates by 2.43%. Despite this outperformance and a significant year-to-date stock gain of 44.8%, the company currently holds a Zacks Rank #4 (Sell) due to an unfavorable trend in earnings estimate revisions. The future stock movement will largely depend on management's commentary and industry outlook.
2026-08-05 23:13:35
Ring Energy (NYSE American: REI) reported a significant increase in Q2 2026 revenue and diluted EPS, primarily driven by higher realized commodity prices despite a decline in oil volumes. While GAAP net income was inflated by a large unrealized derivative gain, adjusted net income and operating cash flow also saw substantial improvements. The company is accelerating its development spending on longer-lateral wells, which led to a decrease in adjusted free cash flow, but management expects this strategy to boost future production and eventually reduce leverage.
2026-08-05 21:13:35
Ring Energy has released its second-quarter 2026 results, indicating progress in its development program. The company also provided its initial outlook for 2027. The article mentions Unity Software's Q4 earnings, with revenue increasing 35% year-over-year to $609 million, though it reported a quarterly loss of 66 cents per share.
