Ring Energy, Inc Stock News

THE WOODLANDS, Texas, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) today announced an increase to its fourth quarter 2021 sales guidance, summarized its successful 2021 drilling program and provided an outlook on its 2022 drilling program.

Zacks Investment Research cut shares of Ring Energy (NYSEAMERICAN:REI) from a hold rating to a sell rating in a research report released on Wednesday morning, Zacks.com reports. According to Zacks, “Ring Energy, Inc. is engaged in the exploration and development of oil and gas. The company operates primarily in Texas and Kansas. Ring Energy, Inc. […]

Ring Energy Inc. (AMEX:REI)s traded shares stood at 1.33 million during the last session, with the companys beta value hitting 2.40. At the close of trading, the stocks price was $2.47, to imply an increase of 0.41% or $0.01 in intraday trading. The REI shares 52-week high remains $4.16, putting it -68.42% down since that Ring Energy Inc. (AMEX: REI)s 8.81-Percent Gain Of This Past Week Taught Us Something New Read More »

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Price T Rowe Associates Inc. MD decreased its stake in Ring Energy, Inc. (NYSEAMERICAN:REI) by 57.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,000 shares of the companys stock after selling 100,600 shares during the period. Price T Rowe Associates Inc. []

State Street Corp lifted its position in Ring Energy, Inc. (NYSEAMERICAN:REI) by 206.4% in the second quarter, HoldingsChannel.com reports. The firm owned 342,126 shares of the companys stock after acquiring an additional 230,483 shares during the period. State Street Corps holdings in Ring Energy were worth $1,020,000 as of its most recent filing with the []

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Northern Trust Corp lifted its position in shares of Ring Energy, Inc. (NYSEAMERICAN:REI) by 10.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 187,013 shares of the companys stock after purchasing an additional 17,608 shares during the period. []

Walleye Trading LLC lowered its holdings in Ring Energy, Inc. (NYSEAMERICAN:REI) by 71.8% in the second quarter, Holdings Channel.com reports. The firm owned 28,188 shares of the companys stock after selling 71,842 shares during the period. Walleye Trading LLCs holdings in Ring Energy were worth $84,000 as of its most recent SEC filing. Other institutional []

Ring Energy Inc. (AMEX:REI)s traded shares stood at 1.14 million during the last session, with the companys beta value hitting 2.34. At the close of trading, the stocks price was $3.00, to imply a decrease of -4.15% or -$0.13 in intraday trading. The REI shares 52-week high remains $4.16, putting it -38.67% down since that After Falling -14.77% During The Past Week, Should You Still Buy Ring Energy Inc. (AMEX: REI)? Read More »

Ring Energy with ticker code (REI) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 4.75 and 4 with a mean TP of 4.45. Now with the previous closing price of 3.45 this would imply there is a potential upside of 29.0%. The 50 day MA is 3.66 and the 200 day MA is 2.8. The company has a market capitalisation of $313m. Visit the company website at: /> [stock_market_widget type="chart" symbol="REI" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] 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. It also had interests in 18,712 net developed acres and 6,650 net undeveloped acres in Andrews and Gaines counties, Texas; 18,256 net developed acres and 212 net undeveloped acres in Culberson and Reeves counties, Texas; and 8,085 net developed acres and 24,830 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico.

Zacks Investment Research upgraded shares of Ring Energy (NYSEAMERICAN:REI) from a hold rating to a buy rating in a research note issued to investors on Saturday morning, Zacks.com reports. They currently have $3.75 price target on the stock. According to Zacks, Ring Energy, Inc. is engaged in the exploration and development of oil and gas. []

Ring Energy, Inc. (REI) CEO Paul McKinney on Q3 2021 Results - Earnings Call Transcript

The energy driller posted earnings that were a bit of a mixed bag, and oil and gas prices were weak, too.