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Ring Energy, Inc. (REI)
1.02  -0.105 (-9.33%)  10-10 16:00
Open: 1.12
High: 1.12
Low: 1.015
Volume: 5,280,186
Market Cap: 211(M)
PE Ratio: 2.91
Exchange: New York Stock Exchange Arca
Industry: Oil & Gas Exploration & Production
Sector: Energy
Technical analysis
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sell buy
Resistance 2: 1.18
Resistance 1: 1.10
Pivot price: 1.09
Support 1: 0.97
Support 2: 0.81
52w High: 1.77
52w Low: 0.72
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Ring Energy, Inc., 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, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.

Financials
EPS 0.350
Book Value 4.350
PEG Ratio 0.00
Gross Profit 1.173
Profit Margin (%) 21.73
Operating Margin (%) 48.40
Return on Assets (ttm) 5.7
Return on Equity (ttm) 8.1
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