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REI

Ring Energy, Inc.

Price Chart
Latest Quote

$1.14

-0.01 (-0.87%)
Current Price
Previous Close $1.15
Open $1.14
Day High $1.16
Day Low $1.12
Volume 4,154,303
Fetched: 2026-06-20T02:31:22
Stock Information
Shares Outstanding 253.85M
Total Debt $428.41M
Cash Equivalents $1.04M
Revenue $287.48M
Net Income $-264.43M
Sector Energy
Industry Oil & Gas E&P
Market Cap $289.39M
EPS (TTM) $-1.28
Exchange ASE
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📊 Comprehensive Analysis
Company Data
Enterprise Value$666.09M
Sales$287.48M
Income$-264.43M
Book/sh$2.97
Cash/sh$0.00
Employees111
Financial Ratios
Quick Ratio0.32
Current Ratio0.40
Debt/Eq68.88
Returns & Margins
ROA1.03%
ROE-35.31%
Gross Margin74.30%
Operating Margin-88.38%
Profit Margin-91.98%
Ownership
Insider Ownership8.94%
Institutional Ownership31.19%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E3.93
P/S1.01
P/B0.38
Analyst Data
Recommendationnone
Target Price$2.50
Technical Indicators
SMA20$1.28
SMA50$1.43
SMA200$1.19
RSI34.69
ATR0.0743
Shares Float190.03M
Short Float2.73%
Short Ratio1.01
Volatility0.78
Rel Volume1.86
Performance History
Week-9.52%
Month-18.57%
Quarter-24.50%
6 Months+35.71%
YTD+25.27%
Year+28.09%
3 Years-37.70%
5 Years-56.65%
10 Years-88.27%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $1.14 8,134,200
2026-06-17 $1.15 4,554,900
2026-06-16 $1.12 4,090,800
2026-06-15 $1.17 7,918,900
2026-06-12 $1.29 3,519,200
2026-06-11 $1.26 4,019,300
2026-06-10 $1.29 3,229,200
2026-06-09 $1.26 3,611,200
2026-06-08 $1.27 3,095,000
2026-06-05 $1.26 3,537,600
2026-06-04 $1.35 2,846,200
2026-06-03 $1.35 2,736,200
2026-06-02 $1.36 6,855,800
2026-06-01 $1.32 5,492,800
2026-05-29 $1.29 3,684,600
2026-05-28 $1.33 4,667,700
2026-05-27 $1.29 4,051,600
2026-05-26 $1.32 4,718,800
2026-05-22 $1.38 2,673,000
2026-05-21 $1.36 3,839,400
2026-05-20 $1.36 3,837,200
2026-05-19 $1.40 4,931,500
About Ring Energy, Inc.

Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It 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 founded in 2004 and is headquartered in The Woodlands, Texas.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $199,272,223 $202,406,116 $184,661,069 $127,426,649
Cost Of Revenue $199,272,223 $202,406,116 $184,661,069 $127,426,649
Total Revenue $307,178,072 $366,327,414 $361,056,001 $347,249,537
Operating Revenue $307,178,072 $366,327,414 $361,056,001 $347,249,537
Expenses
Interest Expense $40,430,929 $43,311,810 $43,926,732 $23,167,729
Total Expenses $232,691,054 $233,426,714 $215,275,510 $155,505,404
Other Income Expense $-76,530,913 $-2,169,568 $2,878,969 $-21,532,659
Other Non Operating Income Expenses $189,294 $106,656 $198,935 -
Net Non Operating Interest Income Expense $-40,140,050 $-42,819,864 $-43,669,577 $-23,167,725
Interest Expense Non Operating $40,430,929 $43,311,810 $43,926,732 $23,167,729
Operating Expense $33,418,831 $31,020,598 $30,614,441 $28,078,755
Other Operating Expenses $1,490,255 $1,380,298 $1,425,686 $983,432
General And Administrative Expense $31,928,576 $29,640,300 $29,188,755 $27,095,323
Rent Expense Supplemental - $700,362 $541,801 $363,908
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-34,731,199 $67,470,314 $104,864,641 $138,635,025
Net Interest Income $-40,140,050 $-42,819,864 $-43,669,577 $-23,167,725
Interest Income $290,879 $491,946 $257,155 $4
Normalized Income $28,409,531 $69,216,178 $102,187,804 $158,936,335
Net Income From Continuing And Discontinued Operation $-34,731,199 $67,470,314 $104,864,641 $138,635,025
Total Operating Income As Reported $-34,338,428 $132,900,700 $145,780,491 $191,744,133
Net Income Common Stockholders $-34,731,199 $67,470,314 $104,864,641 $138,635,025
Net Income $-34,731,199 $67,470,314 $104,864,641 $138,635,025
Net Income Including Noncontrolling Interests $-34,731,199 $67,470,314 $104,864,641 $138,635,025
Net Income Continuous Operations $-34,731,199 $67,470,314 $104,864,641 $138,635,025
Pretax Income $-42,183,945 $87,911,268 $104,989,883 $147,043,749
Special Income Charges $-108,379,046 $89,693 $-87,128 $0
Interest Income Non Operating $290,879 $491,946 $257,155 $4
Operating Income $74,487,018 $132,900,700 $145,780,491 $191,744,133
Gross Profit $107,905,849 $163,921,298 $176,394,932 $219,822,888
Per Share
Diluted EPS $-0.17 $0.34 $0.54 $0.98
Basic EPS $-0.17 $0.34 $0.55 $1.14
Other
Tax Effect Of Unusual Items $-13,579,477 $-530,360 $3,197 $-1,231,349
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $171,381,341 $232,202,145 $234,846,872 $247,484,904
Total Unusual Items $-76,720,207 $-2,276,224 $2,680,034 $-21,532,659
Total Unusual Items Excluding Goodwill $-76,720,207 $-2,276,224 $2,680,034 $-21,532,659
Reconciled Depreciation $96,414,150 $98,702,843 $88,610,291 $55,740,767
EBITDA (Bullshit earnings) $94,661,134 $229,925,921 $237,526,906 $225,952,245
EBIT $-1,753,016 $131,223,078 $148,916,615 $170,211,478
Diluted Average Shares $204,984,223 $200,277,380 $195,364,850 $141,754,668
Basic Average Shares $204,984,223 $197,937,683 $190,589,143 $121,264,175
Diluted NI Availto Com Stockholders $-34,731,199 $67,470,314 $104,864,641 $138,635,025
Tax Provision $-7,452,746 $20,440,954 $125,242 $8,408,724
Gain On Sale Of Ppe $446,400 $89,693 $-87,128 $0
Impairment Of Capital Assets $108,825,446 - - $0
Gain On Sale Of Security $31,658,839 $-2,365,917 $2,767,162 $-21,532,659
Selling General And Administration $31,928,576 $29,640,300 $29,188,755 $27,095,323
Other Gand A $31,928,576 $29,640,300 $29,188,755 $27,095,323
Rent And Landing Fees - $700,362 $541,801 $363,908
Fetched: 2026-06-20
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $836,275,746 $858,639,982 $786,582,900 $661,103,391
Total Assets $1,411,899,249 $1,408,099,474 $1,376,496,392 $1,268,999,797
Total Non Current Assets $1,349,829,837 $1,357,651,382 $1,320,585,573 $1,205,833,333
Non Current Deferred Assets $9,337,344 $8,149,757 $13,030,481 $17,898,973
Financial Assets $9,739,430 $5,473,375 $11,634,714 $6,129,410
Current Assets $62,069,412 $50,448,092 $55,910,819 $63,166,464
Other Current Assets $1,822,751 $1,781,341 $1,874,850 $2,101,538
Hedging Assets Current $21,468,134 $5,497,057 $6,215,374 $4,669,162
Inventory $5,312,715 $4,047,819 $6,136,935 $9,250,717
Receivables $32,562,899 $37,255,480 $41,387,276 $43,432,521
Accounts Receivable $32,562,899 $37,255,480 $41,387,276 $43,432,521
Allowance For Doubtful Accounts Receivable $-200,762 $-181,733 $-58,569 $-242,247
Gross Accounts Receivable $32,763,661 $37,437,213 $41,445,845 $43,674,768
Cash Cash Equivalents And Short Term Investments $902,913 $1,866,395 $296,384 $3,712,526
Cash And Cash Equivalents $902,913 $1,866,395 $296,384 $3,712,526
Prepaid Assets - - - -
Debt
Net Debt $419,602,839 $383,630,002 $425,237,350 $411,787,354
Total Debt $423,235,299 $389,103,635 $430,018,535 $419,134,271
Long Term Debt And Capital Lease Obligation $421,412,369 $387,052,915 $427,960,371 $417,526,376
Long Term Debt $420,000,000 $385,000,000 $425,000,000 $415,000,000
Current Debt And Capital Lease Obligation $1,822,930 $2,050,720 $2,058,164 $1,607,895
Current Debt $505,752 $496,397 $533,734 $499,880
Liabilities
Total Liabilities Net Minority Interest $575,623,503 $549,459,492 $589,913,492 $607,896,406
Total Non Current Liabilities Net Minority Interest $474,661,609 $444,422,305 $476,105,226 $466,101,505
Derivative Product Liabilities $2,512,692 $2,912,745 $11,510,368 $10,485,650
Non Current Deferred Liabilities $20,764,119 $28,591,802 $8,552,045 $8,499,016
Non Current Deferred Taxes Liabilities $20,764,119 $28,591,802 $8,552,045 $8,499,016
Current Liabilities $100,961,894 $105,037,187 $113,808,266 $141,794,901
Other Current Liabilities $841,193 $6,410,547 $7,520,336 $13,345,619
Current Notes Payable $505,752 $496,397 $533,734 $499,880
Payables And Accrued Expenses $97,879,245 $96,058,246 $104,064,124 $111,398,268
Interest Payable $43,009,631 $38,597,429 $48,033,316 -
Payables $40,553,155 $39,618,416 $37,626,348 $111,398,268
Total Tax Payable $356,436 $328,985 $0 -
Income Tax Payable $356,436 $328,985 $0 -
Accounts Payable $40,196,719 $39,289,431 $37,626,348 $111,398,268
Other Non Current Liabilities - $0 - -
Current Deferred Liabilities - - $0 $14,807,276
Equity
Common Stock Equity $836,275,746 $858,639,982 $786,582,900 $661,103,391
Total Equity Gross Minority Interest $836,275,746 $858,639,982 $786,582,900 $661,103,391
Stockholders Equity $836,275,746 $858,639,982 $786,582,900 $661,103,391
Retained Earnings $23,290,503 $58,021,702 $-9,448,612 $-114,313,253
Other
Ordinary Shares Number $207,656,929 $198,561,378 $196,837,001 $175,530,212
Share Issued $207,656,929 $198,561,378 $196,837,001 $175,530,212
Tangible Book Value $836,275,746 $858,639,982 $786,582,900 $661,103,391
Invested Capital $1,256,781,498 $1,244,136,379 $1,212,116,634 $1,076,603,271
Working Capital $-38,892,482 $-54,589,095 $-57,897,447 $-78,628,437
Capital Lease Obligations $2,729,547 $3,607,238 $4,484,801 $3,634,391
Total Capitalization $1,256,275,746 $1,243,639,982 $1,211,582,900 $1,076,103,391
Additional Paid In Capital $812,777,586 $800,419,719 $795,834,675 $775,241,114
Capital Stock $207,657 $198,561 $196,837 $175,530
Common Stock $207,657 $198,561 $196,837 $175,530
Preferred Stock $0 $0 $0 $0
Long Term Capital Lease Obligation $1,412,369 $2,052,915 $2,960,371 $2,526,376
Long Term Provisions $29,972,429 $25,864,843 $28,082,442 $29,590,463
Current Capital Lease Obligation $1,317,178 $1,554,323 $1,524,430 $1,108,015
Current Provisions $418,526 $517,674 $165,642 $635,843
Current Accrued Expenses $57,326,090 $56,439,830 $66,437,776 -
Net PPE $1,330,753,063 $1,344,028,250 $1,295,920,378 $1,181,804,950
Accumulated Depreciation $-569,180,901 $-475,212,325 $-377,252,572 $-289,935,259
Gross PPE $1,899,933,964 $1,819,240,575 $1,673,172,950 $1,471,740,209
Other Properties $8,423,533 $9,930,727 $9,624,701 $7,901,614
Fetched: 2026-06-20
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-28,929,752 $37,937,508 $42,956,243 $65,760,926
Operating Activities
Operating Cash Flow $150,849,407 $194,423,712 $198,170,459 $196,976,729
Cash Flow From Continuing Operating Activities $150,849,407 $194,423,712 $198,170,459 $196,976,729
Operating Gains Losses $-32,105,239 $2,276,224 $-2,767,162 $21,532,659
Investing Activities
Capital Expenditure $-179,779,159 $-156,486,204 $-155,214,216 $-131,215,803
Investing Cash Flow $-179,501,253 $-150,854,367 $-222,573,288 $-308,881,290
Cash Flow From Continuing Investing Activities $-179,501,253 $-150,854,367 $-222,573,288 $-308,881,290
Net Other Investing Changes $260,446 - - -
Financing Activities
Issuance Of Capital Stock $0 $0 $12,301,596 $8,203,126
Financing Cash Flow $27,688,364 $-41,999,334 $20,986,687 $113,208,771
Cash Flow From Continuing Financing Activities $27,688,364 $-41,999,334 $20,986,687 $113,208,771
Net Other Financing Charges $-6,836,912 $-1,007,699 $-572,375 $-19,412,727
Net Common Stock Issuance $0 $0 $12,301,596 $8,203,126
Common Stock Issuance $0 $0 $12,301,596 $8,203,126
Other
Repayment Of Debt $-198,946,260 $-172,551,916 $-217,380,047 $-512,904,982
Issuance Of Debt $233,471,536 $131,560,281 $226,637,513 $637,323,354
Interest Paid Supplemental Data $32,363,614 $39,196,575 $38,009,164 $19,818,623
Income Tax Paid Supplemental Data $347,487 $72,213 $72,213 $0
End Cash Position $902,913 $1,866,395 $296,384 $3,712,526
Beginning Cash Position $1,866,395 $296,384 $3,712,526 $2,408,316
Changes In Cash $-963,482 $1,570,011 $-3,416,142 $1,304,210
Net Issuance Payments Of Debt $34,525,276 $-40,991,635 $9,257,466 $124,418,372
Net Short Term Debt Issuance $9,355 $-37,337 $33,854 $-86,530
Short Term Debt Payments $-1,639,184 $-1,597,618 $-1,603,659 $-1,409,884
Short Term Debt Issuance $1,648,539 $1,560,281 $1,637,513 $1,323,354
Net Long Term Debt Issuance $34,515,921 $-40,954,298 $9,223,612 $124,504,902
Long Term Debt Payments $-197,307,076 $-170,954,298 $-215,776,388 $-511,495,098
Long Term Debt Issuance $231,822,997 $130,000,000 $225,000,000 $636,000,000
Net Business Purchase And Sale $0 $0 $-80,738,315 $-177,823,787
Purchase Of Business $0 $0 $-80,738,315 $-177,823,787
Net PPE Purchase And Sale $-179,761,699 $-150,854,367 $-141,834,973 $-131,057,503
Sale Of PPE $17,460 $5,631,837 $13,379,243 $158,300
Purchase Of PPE $-179,779,159 $-156,486,204 $-155,214,216 $-131,215,803
Change In Working Capital $3,621,364 $700,391 $3,043,133 $26,832,957
Change In Payables And Accrued Expense $474,744 $-5,076,738 $-1,451,422 $50,808,461
Change In Payable $474,744 $-5,076,738 $-1,451,422 $50,808,461
Change In Account Payable $474,744 $-5,076,738 $-1,451,422 $50,808,461
Change In Prepaid Assets $-41,410 $93,509 $226,688 $-1,163,509
Change In Inventory $-1,264,896 $2,089,116 $3,113,782 $-5,597,845
Change In Receivables $4,452,926 $3,594,504 $1,154,085 $-17,214,150
Changes In Account Receivables $4,452,926 $3,594,504 $1,154,085 $-17,214,150
Other Non Cash Items $10,497,582 $-432,681 $-4,600,905 $-61,577,881
Excess Tax Benefit From Stock Based Compensation $30,763 $104,344 $478,304 $-312,268
Stock Based Compensation $6,135,957 $5,506,017 $8,833,425 $7,162,231
Asset Impairment Charge $108,844,475 $160,847 $134,007 $242,247
Deferred Tax $-7,858,446 $19,935,413 $-425,275 $8,720,992
Deferred Income Tax $-7,858,446 $19,935,413 $-425,275 $8,720,992
Depreciation Amortization Depletion $96,414,150 $98,702,843 $88,610,291 $55,740,767
Gain Loss On Investment Securities $-31,658,839 $2,365,917 $-2,767,162 $21,532,659
Net Income From Continuing Operations $-34,731,199 $67,470,314 $104,864,641 $138,635,025
Proceeds From Stock Option Exercised - - $0 $0
Fetched: 2026-06-20