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

EPS has increased from the previous quarter and is now positive. (Quarter statements)

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

Earnings are expected to fall -100% next year

Profit margins (0.19%) are lower than the previous year (0.29%)

REI has less than 1 year of cash runway

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REI Financial details

Company Rating

Strong Buy

Market Cap

411.7M

Income

104.86M

Revenue

361.06M

Book val./share

4.02

Cash/share

Dividend

Dividend %

Employees

108

Optionable

Shortable

Yes

Earnings

01 May 2024

P/E

4.02

Forward P/E

PEG

-0.78

P/S

0.76

P/B

0.38

P/C

P/FCF

6.1

Quick Ratio

0.32

Current Ratio

0.39

Debt / Equity

0.54

LT Debt / Equity

0.54

EPS (TTM)

0.55

EPS next Y

EPS next Q

EPS this Y

-51.75%

EPS next Y

EPS next 5Y

EPS last 5Y

4.56%

Revenue last 5Y

13.03%

Revenue Q/Q

6.68%

EPS Q/Q

-773.58%

SMA20

SMA50

100%

SMA100

Inst Own

41.7%

Inst Trans

0.82%

ROA

ROE

10%

ROC

0.12%

Gross Margin

63%

Oper. Margin

42%

Profit Margin

19%

Payout

Shs Outstand

Shs Float

Target Price

52W Range

1.25-2.43

52W High

52W Low

+100%

RSI

Rel Volume

0.41

Avg Volume

1.88M

Volume

765.85K

Perf Week

-2.44%

Perf Month

40.85%

Perf Quarter

13.64%

Perf Half Y

12.99%

Beta

1.8

Volatility

0.03%, 0.17%

Prev Close

-3.38%

Price

Change

-3.85%

REI Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	2.94	1.55	1.98	2.86	1.89
Net income per share	0.44	-3.48	0.03	1.14	0.55
Operating cash flow per share	1.6	0.99	0.73	1.62	1.04
Free cash flow per share	-0.73	0.39	0.2	0.54	0.23
Cash per share	0.15	0.05	0.02	0.03	0
Book value per share	7.86	4.04	3.02	5.45	4.13
Tangible book value per share	7.86	4.04	3.02	5.45	4.13
Share holders equity per share	7.86	4.04	3.02	5.45	4.13
Interest debt per share	5.75	4.56	3.09	3.65	2.47
Market cap	175.75M	48.1M	226.6M	298.31M	278.26M
Enterprise value	534.82M	359.44M	516.87M	713.73M	707.98M
P/E ratio	5.96	-0.19	68.19	2.15	2.65
Price to sales ratio	0.9	0.43	1.15	0.86	0.77
POCF ratio	1.65	0.67	3.12	1.51	1.4
PFCF ratio	-3.59	1.7	11.63	4.54	6.48
P/B Ratio	0.34	0.16	0.75	0.45	0.35
PTB ratio	0.34	0.16	0.75	0.45	0.35
EV to sales	2.73	3.18	2.63	2.06	1.96
Enterprise value over EBITDA	4.6	6.93	3.89	2.88	3
EV to operating cash flow	5.02	4.98	7.11	3.62	3.57
EV to free cash flow	-10.93	12.69	26.52	10.85	16.48
Earnings yield	0.17	-5.27	0.01	0.46	0.38
Free cash flow yield	-0.28	0.59	0.09	0.22	0.15
Debt to equity	0.7	1.07	0.97	0.63	0.54
Debt to assets	0.38	0.47	0.43	0.33	0.29
Net debt to EBITDA	3.09	6	2.18	1.68	1.82
Current ratio	0.66	0.56	0.39	0.45	0.49
Interest coverage	4.34	0.5	6.61	8.28	3.32
Income quality	3.61	-0.28	21.89	1.42	1.89
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0.12	0	0
Sales general and administrative to revenue	0.1	0.15	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	-1.46	-0.61	-0.73	-0.67	-0.78
Capex to revenue	-0.79	-0.39	-0.27	-0.38	-0.43
Capex to depreciation	-2.47	-0.14	-0.46	-2.35K	-1.72
Stock based compensation to revenue	0.02	0.05	0.01	0.02	0.02
Graham number	8.85	17.79	1.51	11.84	7.15
ROIC	0.05	0.01	0.16	0.17	0.12
Return on tangible assets	0.03	-0.38	0	0.11	0.07
Graham Net	-50.57	-4.84	-8.35	-4.68	-3.46
Working capital	-20.38M	-16.14M	-46.86M	-77.99M	-57.9M
Tangible asset value	523.51M	294.77M	300.62M	667.23M	786.58M
Net current asset value	-410.79M	-347.89M	-353.73M	-544.73M	-638.27M
Invested capital	0.7	1.07	0.97	0.63	0.54
Average receivables	18.97M	20.77M	21.64M	34.95M	42.41M
Average payables	53.27M	43.57M	39.37M	78.82M	107.73M
Average inventory	-2.95B	-2.95B	-468.55M	-463.92M	7.69M
Days sales outstanding	46.11	54.33	49.2	45.65	41.84
Days payables outstanding	173.78	137.29	201.53	320	329.18
Days of inventory on hand	-18.74K	0	-4.08K	26.57	19.41
Receivables turnover	7.92	6.72	7.42	8	8.72
Payables turnover	2.1	2.66	1.81	1.14	1.11
Inventory turnover	-0.02	86.4M	-0.09	13.74	18.8
ROE	0.06	-0.86	0.01	0.21	0.13
Capex per share	-2.34	-0.6	-0.54	-1.08	-0.81

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	0.61	0.49	0.41	0.48	0.51
Net income per share	0.09	0.18	0.15	-0.04	0.26
Operating cash flow per share	0.39	0.25	0.22	0.28	0.28
Free cash flow per share	0.11	0.04	0.04	0.07	0.08
Cash per share	0.02	0.01	0.01	0	0
Book value per share	4.06	3.93	3.83	3.75	4.02
Tangible book value per share	4.06	3.93	3.83	3.75	4.02
Share holders equity per share	4.06	3.93	3.83	3.75	4.02
Interest debt per share	2.63	2.45	2.13	2.16	2.24
Market cap	400.35M	338.17M	330.16M	380.95M	285.7M
Enterprise value	815.77M	761.89M	730.01M	813.97M	715.43M
P/E ratio	6.91	2.58	2.87	-12.63	1.4
Price to sales ratio	4.02	3.84	4.16	4.07	2.86
POCF ratio	6.29	7.74	7.61	6.88	5.13
PFCF ratio	22.78	50.72	47.69	27.14	18.64
P/B Ratio	0.61	0.48	0.45	0.52	0.36
PTB ratio	0.61	0.48	0.45	0.52	0.36
EV to sales	8.18	8.65	9.2	8.69	7.16
Enterprise value over EBITDA	12.23	13.38	14.41	125.63	10.87
EV to operating cash flow	12.82	17.44	16.83	14.7	12.84
EV to free cash flow	46.42	114.28	105.44	57.99	46.67
Earnings yield	0.04	0.1	0.09	-0.02	0.18
Free cash flow yield	0.04	0.02	0.02	0.04	0.05
Debt to equity	0.63	0.61	0.54	0.59	0.54
Debt to assets	0.33	0.33	0.31	0.32	0.29
Net debt to EBITDA	6.23	7.44	7.89	66.83	6.53
Current ratio	0.45	0.53	0.55	0.39	0.49
Interest coverage	4.84	3.43	2.81	-3.48	3.52
Income quality	4.39	1.34	1.51	-7.35	1.1
Dividend Yield	0	0	0.03	0	0.03
Payout ratio	0.04	0	0.3	0	0.17
Sales general and administrative to revenue	0.08	0.08	0.09	0.08	0.09
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	-0.01	-0.01	0	0
Capex to operating cash flow	-0.72	-0.85	-0.84	-0.75	-0.72
Capex to revenue	-0.46	-0.42	-0.46	-0.44	-0.4
Capex to depreciation	1.32	-1.74	-29.86	-0.68	-1.62
Stock based compensation to revenue	0.02	0.02	0.03	0.02	0.02
Graham number	2.85	4.03	3.58	1.81	4.85
ROIC	0.04	0.03	0.03	0.04	0.03
Return on tangible assets	0.01	0.03	0.02	-0.01	0.03
Graham Net	-3.48	-3.07	-2.65	-3.02	-3.37
Working capital	-77.99M	-51.94M	-45.84M	-93.26M	-57.9M
Tangible asset value	667.23M	705.92M	749.4M	739.92M	786.58M
Net current asset value	-544.73M	-523.73M	-488.07M	-571.23M	-638.27M
Invested capital	0.63	0.61	0.54	0.59	0.54
Average receivables	45.6M	41.72M	37.33M	41.86M	45.22M
Average payables	99.11M	105.72M	95.03M	100.21M	107.23M
Average inventory	4.63M	9.03M	8.07M	6.44M	5.84M
Days sales outstanding	39.21	40.87	39.31	47.13	37.27
Days payables outstanding	222.61	200.36	190.51	74.32K	292.93
Days of inventory on hand	18.49	17.64	15.51	3.74K	17.27
Receivables turnover	2.3	2.2	2.29	1.91	2.41
Payables turnover	0.4	0.45	0.47	0	0.31
Inventory turnover	4.87	5.1	5.8	0.02	5.21
ROE	0.02	0.05	0.04	-0.01	0.06
Capex per share	-0.28	-0.21	-0.19	-0.21	-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 $2 today.

Is Ring Energy, Inc. stock public?

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

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Company Profile

Volume Average 1.88M
Market Capitalization 411.7M
Employee 108
CEO Mr. Paul D. McKinney
Headquarters The Woodlands,TX,US
IPO Date 2007-04-10
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.