Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Ring Energy Inc. (REI:NYSE), powered by AI.
Ring Energy Inc. is currently trading at $1.29. View real-time AI analysis on Alpha Lenz.
View the latest insider trading data for Ring Energy Inc. on Alpha Lenz.
Ring Energy Inc.'s P/E ratio is -7.6.
“Ring Energy Inc. trades at a P/E of -7.6 (undervalued) with modest ROE of -4.1%. Operating margin of 24.2% indicates strong profitability.”
Ask for details →Ring Energy Inc. is an independent exploration and production company focused on acquiring, developing, and producing oil and natural gas. Its primary operations are concentrated in the Permian Basin, a highly productive region in Texas and New Mexico known for substantial oil reserves. The company strategically prioritizes cost-effective drilling and completion practices to maximize resource extraction and profitability from its assets. By maintaining a lean operational model, Ring Energy Inc. aims to enhance efficiency and adaptability in the ever-fluctuating energy market. The company's influence spans across sectors reliant on both crude oil and natural gas, supporting industries such as transportation, manufacturing, and energy production. As a part of the wider energy market, Ring Energy Inc. contributes to meeting national and international energy demands while adapting to regulatory and environmental considerations that shape the industry's landscape.
“Ring Energy Inc. trades at a P/E of -7.6 (undervalued) with modest ROE of -4.1%. Operating margin of 24.2% indicates strong profitability.”
Ask for details →Ring Energy Inc. (ticker: REI) is a company listed on NYSE in the Energy sector (Oil & Gas E&P). It has approximately 115 employees. Market cap is $264M.
The current price is $1.29 with a P/E ratio of -7.61x and P/B of 0.32x.
ROE is -4.10% and operating margin is 24.25%. Annual revenue is $307M.