Ring Energy, Inc.
General ticker "REI" information:
- Sector: Energy
- Industry: Oil, Gas & Consumable Fuels
- Capitalization: $213.5M (TTM average)
Ring Energy, Inc. follows the US Stock Market performance with the rate: 13.5%.
Estimated limits based on current volatility of 1.6%: low 0.91$, high 0.94$
Factors to consider:
- Total employees count: 115 (+6.5%) as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Environmental contamination, Market volatility, Operational and conduct risks, Regulatory and compliance, Cybersecurity threats
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [0.91$, 1.86$]
- 2025-12-31 to 2026-12-31 estimated range: [0.98$, 1.97$]
Financial Metrics affecting the REI estimates:
- Positive: with PPE of 3.6 at the end of fiscal year the price was very low
- Positive: Operating profit margin, % of 36.27 > 18.64
- Positive: Operating cash flow per share per price, % of 77.07 > 13.24
- Positive: Industry operating cash flow per share per price (median), % of 18.11 > 10.33
- Positive: 41.86 < Shareholder equity ratio, % of 60.98 <= 63.39
- Negative: Industry earnings per price (median), % of 0 <= 0
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 4.57
- Positive: 2.97 < Industry operating profit margin (median), % of 7.83
Short-term REI quotes
Long-term REI plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $347.25MM | $360.97MM | $366.42MM |
| Operating Expenses | $155.51MM | $215.19MM | $233.52MM |
| Operating Income | $191.74MM | $145.78MM | $132.90MM |
| Non-Operating Income | $-44.70MM | $-40.79MM | $-44.99MM |
| Interest Expense | $23.17MM | $43.93MM | $43.31MM |
| Income(Loss) | $147.04MM | $104.99MM | $87.91MM |
| Taxes | $8.41MM | $0.13MM | $20.44MM |
| Profit(Loss)* | $138.64MM | $104.86MM | $67.47MM |
| Stockholders Equity | $661.10MM | $786.58MM | $858.64MM |
| Assets | $1,269.00MM | $1,376.50MM | $1,408.10MM |
| Operating Cash Flow | $196.98MM | $198.17MM | $194.42MM |
| Capital expenditure | $131.22MM | $155.21MM | $156.34MM |
| Investing Cash Flow | $-308.88MM | $-222.57MM | $-150.85MM |
| Financing Cash Flow | $113.21MM | $20.99MM | $-42.00MM |
| Earnings Per Share** | $1.14 | $0.55 | $0.34 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.