Ring Energy Inc REI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Ring Energy Announces Participation In Enercom Denver Conference
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EnerCom's 29th Annual Energy Investment Conference is Set to be Held August 18-21, 2024 in Denver, Colorado
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Ring Energy Announces Second Quarter 2024 Results, Provides Guidance for Third Quarter and Updates Full Year 2024 Outlook
-
Ring Energy Provides Management Team Update
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Ring Energy Announces Timing of Second Quarter 2024 Earnings Release and Conference Call
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Investor One-on-One Meeting Requests Open for 29th Annual EnerCom Denver - The Energy Investment Conference, to be held August 18-21, 2024 in Denver, Colorado
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Presentation Times and Schedule for Participating Companies Now Posted on the Conference Website for 29th Annual EnerCom Denver - The Energy Investment Conference
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Ring Energy Increases Sales Guidance and Announces Debt Reduction Results for Second Quarter 2024
Trading Information
- Previous Close Price
- $1.80
- Day Range
- $1.74–1.81
- 52-Week Range
- $1.25–2.20
- Bid/Ask
- $1.74 / $1.78
- Market Cap
- $344.82 Mil
- Volume/Avg
- 2.8 Mil / 1.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 3.91
- Price/Sales
- 0.92
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Ring 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 oil and liquid rich producing formations in the Northwest Shelf, the Central Basin Platform, and the Delaware Basin all of which are part of the Permian Basin in Texas.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Value
- Total Number of Employees
- 108
- Website
- https://www.ringenergy.com
Comparables
Valuation
|
Metric
|
REI
|
MNR
|
CTRA
|
|---|---|---|---|
Price/Earnings (Normalized) | 3.91 | — | 13.17 |
Price/Book Value | 0.44 | 1.42 | 1.40 |
Price/Sales | 0.92 | 1.79 | 3.30 |
Price/Cash Flow | 1.70 | 3.32 | 5.83 |
Price/Earnings
REI
MNR
CTRA
Financial Strength
|
Metric
|
REI
|
MNR
|
CTRA
|
|---|---|---|---|
Quick Ratio | 0.40 | 0.91 | 1.35 |
Current Ratio | 0.50 | 1.05 | 1.40 |
Interest Coverage | 2.85 | 5.25 | 15.62 |
Quick Ratio
REI
MNR
CTRA
Profitability
|
Metric
|
REI
|
MNR
|
CTRA
|
|---|---|---|---|
Return on Assets (Normalized) | 6.71% | 13.75% | 6.93% |
Return on Equity (Normalized) | 11.79% | 24.41% | 10.95% |
Return on Invested Capital (Normalized) | 10.83% | 19.30% | 9.19% |
Return on Assets
REI
MNR
CTRA
Oil & Gas E&P Industry Comparables
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United States