Ring Energy, Inc Stock News

THE WOODLANDS, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its first quarter 2024 earnings release

Ring Energy (REI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

As we look ahead to the coming year, penny stocks may become increasingly popular among investors. With the risk-free rate set to decrease due to lower interest rates, and many analysts predicting a r

Brent oil price has touched $90, which has caused escalating geopolitical tensions in the Middle East. Of course, it's not the only factor for oil trending higher.

There are thousands of publicly-traded companies whose shares are in “penny stock territory” (trading for $5 or less per share), but arguably a small fraction of these should be considered penny s

In my view, it's the best time to grab undervalued penny stocks for multibagger returns. The first reason for this view is the point that rate cuts are impending in the second half of 2024.

Ring is projected to generate $67 million in free cash flow in 2024 at current strip. Ring has around 45% of its oil production hedged, and that is partially reducing its benefit from low-$80s oil. Ri

Ring Energy, Inc. is increasing free cash flow to meet stock market demands and debt market demands. Management can now grow crude oil production without needing overall production growth for profitab

Finding opportunities that offer sizable returns is crucial in the always-changing world of investing. Micro-cap companies stick out among the wide range of alternatives as they frequently conceal unr

Within the stock market's enormous panorama of giants, small-cap stocks sometimes remain hidden and go unnoticed by many investors. But hidden away in this darkness is a treasure mine of unrealized po

Low-price stocks under $10 can be quick money-making machines if the entry is timed well. These stocks carry a high risk, and trading should be limited to a small part of the portfolio.

Crude oil recently hit a four-month high, with the International Energy Agency expecting a supply deficit through 2024. That view is based on the premise that OPEC maintains production cuts.

It was in June 2022 when crude oil traded above $120 per barrel. However, with contractionary monetary policies and subsequent macroeconomic headwinds, oil has been in a correction mode.

Penny stocks can be massive wealth creators in quick time. Of course, there is an ocean of penny stocks and investors need to be selective.

Ring Energy, Inc. (NYSE:REI ) Q4 2023 Earnings Conference Call March 8, 2024 11:00 AM ET Company Participants Al Petrie - Investor Relations Paul McKinney - Chairman & CEO Travis Thomas - EVP & CFO Ma