Ring Energy, Inc.
ASE: REILive Quote
📈 ZcoreAI Score
Our AI model analyzes Ring Energy, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.
Get REI Z-Score →About Ring Energy, Inc.
Energy
Oil & Gas E&P
Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It 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 founded in 2004 and is headquartered in The Woodlands, Texas.
📊 Fundamental Analysis
Ring Energy, Inc. demonstrates a profit margin of -11.9%, which is below the sector average, suggesting competitive pressure.
The company recently reported -20.0% revenue growth, which is negative, indicating a recent decline in revenue.
Return on Equity (ROE) is -4.1%, which indicates that capital utilization is currently under pressure.
At a current price of $1.35, REI currently sits at the 68th percentile of its 52-week range (Range: $0.72 - $1.65).
🏥 Financial Health
🔴
Profit Margin
Weak
✅
Debt/Equity
Excellent
🔴
Revenue Growth
Weak
🔴
Return on Equity
Weak
✅
Beta (Risk)
Low Volatility
Key Financials
Market Cap
$282.68M
Trailing P/E
--
Forward P/E
7.50
Beta (5Y)
0.78
52W High
$1.65
52W Low
$0.72
Avg Volume
5.00M
Day High
Day Low