Ring Energy, Inc.

Ring Energy, Inc.

REIยทAMEX

$1.35

-0.74%
EnergyOil & Gas Exploration & Production

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.

At a Glance

Live Snapshot
Market Cap$280.97M
EPS-0.1700
P/E Ratio-7.94
Earnings Date08/05/2026
Ring Energy, Inc.

Ring Energy, Inc. Fair Value Envelope

REI ยท AMEX

Our analysis suggests that REI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.35, this represents a potential HIDDEN relative to our calculated worth for Ring Energy, Inc..

Intrinsic Value
Current Price: $1.35

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$34.6B
+ Cash & Equivalents$902.9K
Firm Value$34.6B
- Debt$423.2M
Equity Value$34.2B
/ Shares Outstanding207,223,177B
DCF Value$165
UNDERVALUED BY 12110%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$209.7M
$291.5M
$405.1M
$563.1M
$782.7M
$1.1B
$1.5B
$2.1B
$2.9B
$4.1B
Maintenance CapEx
-$27.2M
-$37.8M
-$52.6M
-$73.1M
-$101.6M
-$141.2M
-$196.3M
-$272.9M
-$379.3M
-$527.2M
Owner Earnings
$182.5M
$253.6M
$352.5M
$490.0M
$681.1M
$946.7M
$1.3B
$1.8B
$2.5B
$3.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$168.9M
$217.4M
$279.8M
$360.2M
$463.6M
$596.6M
$767.9M
$988.3M
$1.3B
$1.6B
Terminal Value represents 80.5% of Enterprise Value