REI-Independent oil and gas company focuses on the Permian BasinRing Energy Inc is an independent exploration and production company based in The Woodlands, Texas and is engaged in oil and natural gas development, production, acquisition, and exploration activities currently focused in the Permian Basin of Texas. The drilling operations of the company target the
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0.3407 USD
67.47 M USD
366.33 M USD
146.35 M
About Ring Energy, Inc.
Sector
Industry
CEO
Paul D. McKinney
Website
Headquarters
The Woodlands
Founded
2004
FIGI
BBG000GXN209
Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The firm's areas of operation are situated in the Permian Basin, the Central Basin Platform, and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is headquartered in The Woodlands, TX.
REI short term swing opportunity break over upper resistance Ring Energy stock price broke through upper channel resistance line on a decent volume. Target short term opportunity price is $3.56 ( the width of the channel at the break point - very classical pattern) which also coincide with 50% Fab level AMEX:REI
REI is flaggingAMEX:REI is flagging nicely after it broke out of the head and shoulders pattern. Long the breakout, anticipated price action and targets are shown on the chart stop daily close below 3.6$.
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This is only my own view and not financial advice, do y
REIREI formed a big double bottom and it also kind of formed an inverted head and shoulders pattern as well. It broke the neckline and is currently testing the second resistance line at $4.01. I think it may pull back to support around $3.30 before it moves up again. My alert is set for $4.20. Add to y
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of REI is 0.8000 USD — it has decreased by −7.24% in the past 24 hours. Watch Ring Energy, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on AMEX exchange Ring Energy, Inc. stocks are traded under the ticker REI.
REI stock has fallen by −11.11% compared to the previous week, the month change is a −30.43% fall, over the last year Ring Energy, Inc. has showed a −63.13% decrease.
We've gathered analysts' opinions on Ring Energy, Inc. future price: according to them, REI price has a max estimate of 3.00 USD and a min estimate of 2.50 USD. Watch REI chart and read a more detailed Ring Energy, Inc. stock forecast: see what analysts think of Ring Energy, Inc. and suggest that you do with its stocks.
REI stock is 11.07% volatile and has beta coefficient of 1.15. Track Ring Energy, Inc. stock price on the chart and check out the list of the most volatile stocks — is Ring Energy, Inc. there?
Today Ring Energy, Inc. has the market capitalization of 159.96 M, it has decreased by −18.93% over the last week.
Yes, you can track Ring Energy, Inc. financials in yearly and quarterly reports right on TradingView.
Ring Energy, Inc. is going to release the next earnings report on May 12, 2025. Keep track of upcoming events with our Earnings Calendar.
REI earnings for the last quarter are 0.06 USD per share, whereas the estimation was 0.06 USD resulting in a −3.81% surprise. The estimated earnings for the next quarter are 0.06 USD per share. See more details about Ring Energy, Inc. earnings.
Ring Energy, Inc. revenue for the last quarter amounts to 83.44 M USD, despite the estimated figure of 84.20 M USD. In the next quarter, revenue is expected to reach 82.76 M USD.
REI net income for the last quarter is 5.66 M USD, while the quarter before that showed 33.88 M USD of net income which accounts for −83.30% change. Track more Ring Energy, Inc. financial stats to get the full picture.
No, REI doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 15, 2025, the company has 115 employees. See our rating of the largest employees — is Ring Energy, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Ring Energy, Inc. EBITDA is 232.98 M USD, and current EBITDA margin is 63.60%. See more stats in Ring Energy, Inc. financial statements.
Like other stocks, REI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Ring Energy, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Ring Energy, Inc. technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Ring Energy, Inc. stock shows the strong sell signal. See more of Ring Energy, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.