REI

Ring Energy, Inc. [REI] Stock Forecast

Q: What is Ring Energy, Inc. stock symbol ?

Ring Energy, Inc. is a US stock, located in The woodlands of Tx and trading under the symbol REI

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REI Stock Summary

Earnings have grown 76.89% per last year.

Earnings are expected to rise 26.05% next year

EPS has been increasing for the past 3 years (Yearly statements)

REI has more than 4 years of cash runway (50 months)

In the last year, shareholders have seen their holdings diluted. Dilution over past year is 31.66%

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REI Financial details

Company Rating

Buy

Market Cap

364.92M

Income

164.24M

Revenue

367.15M

Book val./share

3.93

Cash/share

0.01

Dividend

Dividend %

Employees

Optionable

Shortable

Yes

Earnings

02 Aug 2023

P/E

2.03

Forward P/E

PEG

P/S

0.99

P/B

0.48

P/C

186

P/FCF

5.87

Quick Ratio

0.38

Current Ratio

0.53

Debt / Equity

0.61

LT Debt / Equity

0.61

EPS (TTM)

1.31

EPS next Y

EPS next Q

0.33

EPS this Y

3700%

EPS next Y

EPS next 5Y

-33.21%

EPS last 5Y

50.02%

Revenue last 5Y

23.66%

Revenue Q/Q

-11.65%

EPS Q/Q

100%

SMA20

SMA50

SMA100

Inst Own

62.87%

Inst Trans

2.57%

ROA

13%

ROE

30%

ROC

0.16%

Gross Margin

60%

Oper. Margin

52%

Profit Margin

45%

Payout

Shs Outstand

195.14M

Shs Float

58.57M

Target Price

52W Range

1.63-4.63

52W High

-53.5%

52W Low

+86%

RSI

Rel Volume

0.35

Avg Volume

2.36M

Volume

819.14K

Perf Week

3.33%

Perf Month

10.06%

Perf Quarter

-19.48%

Perf Half Y

-25%

Beta

1.96868

Volatility

0.03%, 0.08%

Prev Close

Price

1.86

Change

-3.12%

REI Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	2.02	2.94	1.55	1.98	2.86
Net income per share	0.15	0.44	-3.48	0.03	1.14
Operating cash flow per share	1.18	1.6	0.99	0.73	1.62
Free cash flow per share	-2.24	-0.73	0.39	0.2	0.54
Cash per share	0.06	0.15	0.05	0.02	0.03
Book value per share	7.77	7.86	4.04	3.02	5.45
Tangible book value per share	7.77	7.86	4.04	3.02	5.45
Share holders equity per share	7.77	7.86	4.04	3.02	5.45
Interest debt per share	0.67	5.75	4.56	3.09	3.65
Market cap	302.42M	175.75M	48.1M	226.6M	298.31M
Enterprise value	338.55M	534.82M	359.44M	516.87M	713.73M
P/E ratio	33.6	5.96	-0.19	68.19	2.15
Price to sales ratio	2.52	0.9	0.43	1.15	0.86
POCF ratio	4.3	1.65	0.67	3.12	1.51
PFCF ratio	-2.27	-3.59	1.7	11.63	4.54
P/B Ratio	0.65	0.34	0.16	0.75	0.45
PTB ratio	0.65	0.34	0.16	0.75	0.45
EV to sales	2.82	2.73	3.18	2.63	2.06
Enterprise value over EBITDA	4.62	4.6	6.93	3.89	2.88
EV to operating cash flow	4.81	5.02	4.98	7.11	3.62
EV to free cash flow	-2.54	-10.93	12.69	26.52	10.85
Earnings yield	0.03	0.17	-5.27	0.01	0.46
Free cash flow yield	-0.44	-0.28	0.59	0.09	0.22
Debt to equity	0.09	0.7	1.07	0.97	0.63
Debt to assets	0.07	0.38	0.47	0.43	0.33
Net debt to EBITDA	0.49	3.09	6	2.18	1.68
Current ratio	0.32	0.66	0.56	0.39	0.45
Interest coverage	80	4.34	0.5	6.61	8.28
Income quality	7.82	3.61	-0.28	21.89	1.42
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.11	0.1	0.15	0.08	0.08
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	-2.89	-1.46	-0.61	-0.73	-0.67
Capex to revenue	-1.7	-0.79	-0.39	-0.27	-0.38
Capex to depreciation	0	0	0	0	-2.35K
Stock based compensation to revenue	0.03	0.02	0.05	0.01	0.02
Graham number	5.14	8.85	17.79	1.51	11.84
ROIC	0.05	0.05	0.01	0.15	0.16
Return on tangible assets	0.02	0.03	-0.38	0	0.11
Graham Net	-1.53	-6.32	-4.84	-3.64	-4.68
Working capital	-35.07M	-20.38M	-16.14M	-46.86M	-77.99M
Tangible asset value	462.6M	523.51M	294.77M	300.62M	661.1M
Net current asset value	-87.62M	-410.79M	-347.89M	-353.73M	-544.73M
Invested capital	0.09	0.7	1.07	0.97	0.63
Average receivables	13.55M	18.97M	20.77M	21.64M	34.95M
Average payables	48.19M	53.27M	43.57M	39.37M	78.82M
Average inventory	0	0	0	0	4.63M
Days sales outstanding	40.19	46.11	54.33	49.2	45.65
Days payables outstanding	261.49	173.78	137.29	201.53	320
Days of inventory on hand	0	0	0	0	26.57
Receivables turnover	9.08	7.92	6.72	7.42	8
Payables turnover	1.4	2.1	2.66	1.81	1.14
Inventory turnover	0	0	0	0	13.74
ROE	0.02	0.06	-0.86	0.01	0.21
Capex per share	-3.42	-2.34	-0.6	-0.54	-1.08

Quarterly Fundamentals Overview

Last date of statement is 2023-03-31 for Q1

Metric	2022-03-31	2022-06-30	2022-09-30	2022-12-31	2023-03-31
Revenue per share	0.68	0.8	0.82	0.61	0.49
Net income per share	0.07	0.39	0.65	0.09	0.18
Operating cash flow per share	0.24	0.38	0.59	0.39	0.25
Free cash flow per share	0.1	0.04	0.29	0.11	0.04
Cash per share	0.02	0.02	0.01	0.02	0.01
Book value per share	3.09	3.37	4.39	4.06	3.93
Tangible book value per share	3.09	3.37	4.39	4.06	3.93
Share holders equity per share	3.09	3.37	4.39	4.06	3.93
Interest debt per share	2.85	2.6	3.86	2.63	2.45
Market cap	382.74M	283M	267.67M	400.35M	338.17M
Enterprise value	662.71M	554.03M	704.84M	815.77M	761.89M
P/E ratio	13.45	1.69	0.89	6.91	2.58
Price to sales ratio	5.61	3.33	2.84	4.02	3.84
POCF ratio	15.66	6.95	3.93	6.29	7.74
PFCF ratio	37.49	63.39	7.99	22.78	50.72
P/B Ratio	1.24	0.79	0.53	0.61	0.48
PTB ratio	1.24	0.79	0.53	0.61	0.48
EV to sales	9.72	6.52	7.47	8.18	8.65
Enterprise value over EBITDA	13.82	8.54	10.38	12.23	13.38
EV to operating cash flow	27.12	13.6	10.34	12.82	17.44
EV to free cash flow	64.92	124.11	21.03	46.42	114.28
Earnings yield	0.02	0.15	0.28	0.04	0.1
Free cash flow yield	0.03	0.02	0.13	0.04	0.02
Debt to equity	0.91	0.76	0.87	0.63	0.61
Debt to assets	0.4	0.37	0.35	0.33	0.33
Net debt to EBITDA	5.84	4.18	6.44	6.23	7.44
Current ratio	0.4	0.48	0.51	0.45	0.53
Interest coverage	11.24	16.51	7.63	4.84	3.43
Income quality	3.44	0.97	0.91	4.39	1.34
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.08	0.07	0.08	0.08	0.08
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	-0.58	-0.89	-0.51	-0.72	-0.85
Capex to revenue	-0.21	-0.43	-0.37	-0.46	-0.42
Capex to depreciation	0	0	-0.99	1.32	-1.74
Stock based compensation to revenue	0.02	0.02	0.02	0.02	0.02
Graham number	2.22	5.46	8.01	2.85	4.03
ROIC	0.06	0.08	0.04	0.03	0.03
Return on tangible assets	0.01	0.06	0.06	0.01	0.03
Graham Net	-3.65	-3.33	-6.14	-3.48	-3.07
Working capital	-58.35M	-50.94M	-61.51M	-77.99M	-51.94M
Tangible asset value	309.26M	358.01M	506.17M	661.1M	699.24M
Net current asset value	-355.39M	-339.6M	-679.92M	-544.73M	-523.73M
Invested capital	0.91	0.76	0.87	0.63	0.61
Average receivables	31.5M	38.69M	44.3M	45.6M	41.72M
Average payables	50.25M	59.26M	75.54M	99.11M	105.72M
Average inventory	0	0	0	4.63M	9.03M
Days sales outstanding	48.23	43.27	45.53	39.21	40.87
Days payables outstanding	201.09	233.3	235.36	222.61	200.36
Days of inventory on hand	0	0	0	18.49	17.64
Receivables turnover	1.87	2.08	1.98	2.3	2.2
Payables turnover	0.45	0.39	0.38	0.4	0.45
Inventory turnover	0	0	0	4.87	5.1
ROE	0.02	0.12	0.15	0.02	0.05
Capex per share	-0.14	-0.34	-0.3	-0.28	-0.21

REI Frequently Asked Questions

What is Ring Energy, Inc. stock symbol ?

Ring Energy, Inc. is a US stock , located in The woodlands of Tx and trading under the symbol REI

What is Ring Energy, Inc. stock quote today ?

Ring Energy, Inc. stock price is $1.86 today.

Is Ring Energy, Inc. stock public?

Yes, Ring Energy, Inc. is a publicly traded company.

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Company Profile

Volume Average 2.36M
Market Capitalization 364.92M
Employee 98
CEO Mr. Paul D. McKinney
Headquarters The Woodlands,TX,US
IPO Date 2007-03-28
Website https://www.ringenergy.com

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.