Ring Energy, Inc.

Ring Energy, Inc.

REI·AMEX

$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

rei

Cash and Short Term Investments

Last Annual Value

902.91K

3-Year CAGR

-38%

5-Year CAGR

-24%

10-Year CAGR

-15%

Ring Energy, Inc.

Ring Energy, Inc. Competitors Analysis of Cash and Short Term Investments

REI · AMEX
CompanyCash and Short Term Investments
CAGR 3Y
CAGR 5Y
CAGR 10Y
902.91K
45.0%-17.8%-35.4% 
2.79M
67.1%-17.5%-13.4%
2.51M
-39.0%-13.8%-23.0%
60.67M
43.0%26.4%-2.3%
2.96M
-10.0%-9.6%19.9%
BOOM logo
DMC Global Inc.
NASDAQ:BOOM
31.90M
-9.9%0.7%17.4%
111.69B
4103.3%N/AN/A
7.42M
-12.4%-6.4%1.2%
1.20M
115.6%N/AN/A
Ring Energy, Inc.

Ring Energy, Inc. Fair Value Envelope

REI · 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