Ring Energy Stock News

Ring Energy press release (NYSE:REI): Q4 GAAP EPS of $0.20.Revenue of $59.67M.Shares +1.6% AH.

Ring Energy (REI) delivered earnings and revenue surprises of 42.86% and 50.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Ring Energy (NYSE:REI) is scheduled to announce Q4 earnings results on Wednesday, March 16th, after market close.The consensus EPS Estimate is $0.07 (flat Y/Y) and the consensus…

Shares of Ring Energy (AMEX: REI ) increased by 43.52% in the past three months. Before we understand the importance of debt, let us look at how much debt Ring Energy has. Ring Energy''s Debt According to the Ring Energy''s most recent financial statement as reported on November 9, 2021, total debt is at $296.64 million, with $295.39 million in long-term debt and $1.24 million in current debt. Adjusting for $2.05 million in cash-equivalents, the company has a net debt of $294.59 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while … Full story available on Benzinga.com

THE WOODLANDS, Texas, March 11, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced today the timing of its fourth quarter and full year 2021 earnings release and conference call.

THE WOODLANDS, Texas, March 11, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced today the timing of its fourth quarter and full year 2021 ea

Ring Energy with ticker code (REI) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 4.9 and 3 and has a mean target at 4.22. Now with the previous closing price of 3.34 this would indicate that there is a potential upside of 26.3%. The 50 day MA is 2.74 while the 200 day moving average is 2.79. The company has a market cap of $363m. Visit the company website at: https://www.ringenergy.com [stock_market_widget type="chart" template="basic" color="green" assets=REI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $458m based on the market concensus. Ring Energy, an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2020, the company''s proved reserves consisted of approximately 76.5 million barrel of oil equivalent.

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Ring Energy (REI) stock climbed 6% premarket after the firm reported Q4 sales volumes of ~9.2K barrels of oil equivalent per day (BOEPD) (85% oil), up 11% from Q3 and resulting

Ring Energy with ticker code (REI) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 4.9 and 3 with the average target price sitting at 4.22. Given that the stocks previous close was at 2.91 this now indicates there is a potential upside of 45.0%. The 50 day moving average now sits at 2.59 and the 200 moving average now moves to 2.76. The market cap for the company is $285m. Find out more information at: https://www.ringenergy.com [stock_market_widget type="chart" template="basic" color="green" assets=REI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $413m based on the market concensus. Ring Energy, an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2020, the company''s proved reserves consisted of approximately 76.5 million barrel of oil equivalent.

Ring Energy Inc. (REI) shares closed this week 21.9% higher than it did at the end of last week. The stock is currently up 21.9% year-to-date, up 159.8% over the past 12 months, and down 78.6% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Shares traded as high as $2.88 and as low as $2.25 this week.Shares closed 33.2% below its 52-week high and 198.9% above its 52-week low.Trading volume this week was 13.8% higher than the 10-day average and 48.8% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 2.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Energy industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 345.8% The company's stock price performance over the past 12 months beats the peer average by 184.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.