|Bid||5.37 x 1800|
|Ask||5.37 x 800|
|Day's Range||5.27 - 5.46|
|52 Week Range||4.01 - 17.35|
|Beta (3Y Monthly)||1.94|
|PE Ratio (TTM)||35.80|
|Earnings Date||Aug 7, 2017 - Aug 11, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.42|
Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”) today released its operations updates for the first quarter of 2019. In the three months ended March 31, 2019, the Company, employing one drilling rig, drilled seven new horizontal wells and four salt water disposal wells. The Company drilled six new horizontal San Andres wells on its Central Basin Platform (“CBP”) asset, five wells which were one mile in length and one well which was one and a half miles in length.
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Company Doubles Estimated Production, Future EBITDA, Proved Reserves and PV-10Acquisition Creates Largest Horizontal San Andres Company on the Central Basin Platform / Northwest Sh
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! If you own shares in Ring Energy, Inc. (NYSEMKT:REI) then it's worth thinking about how it contributes to the volatility of y...
Houston-based Wishbone Energy Partners LLC reached an agreement to divest some of its assets in Texas and New Mexico for $300 million. The divestment has Wishbone selling its North Central Basin Platform business to Midland, Texas-based Ring Energy Inc. (NYSE American: REI) for $270 million in cash and $30 million in Ring Energy stock, according to a Feb. 26 press release. Ring did not have to access capital markets to fund the deal, instead relying on expanded credit from SunTrust Banks Inc. (NYSE: STI), according to the release.
Kelly Hoffman has been the CEO of Ring Energy, Inc. (NYSEMKT:REI) since 2013. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. AfterRead More...
Ring Energy, Inc. announced today financial results for the three months and twelve months ended December 31, 2018. For the three month period ended December 31, 2018, the Company reported oil and gas revenues of $27,561,908, compared to revenues of $23,308,668 for the quarter ended December 31, 2017.
Company Doubles Production, EBITDA, Proved Reserves and PV-10, Creating the Largest Horizontal San Andres Company on the Platform / Northwest Shelf
Ring Energy, Inc. announced today reserve information as of December 31, 2018 and financial results for the three months and twelve months ended December 31, 2018.
Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”) has scheduled a conference call on Wednesday, February 27, 2019 at 11:00 a.m. ET to discuss the 2018 fourth quarter and twelve month financial and operating highlights. Ring expects to issue a press release summarizing these results after the close of market on Tuesday, February 26, 2019. International callers may also participate by dialing 201-689-8354.
EnerCom Dallas oil and gas investment conference opens next week; register online this week to ensure admittance Special Expert Appearances - A precarious balance: the oil market in 2019 - by Dallas Federal ...
- One-on-one meetings are now open for buyside investors to schedule with management teams through the conference registration page - Presenting company schedule is posted DENVER , Feb. 13, 2019 /PRNewswire/ ...
- One-on-one meetings are now open for buyside investors to schedule with management teams through the conference registration page - Presenting company schedule is posted DENVER , Feb. 5, 2019 /PRNewswire/ ...
NEW YORK, Feb. 01, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- EnerCom Dallas will feature presentations from C-level executives at publicly traded and private oil and natural gas companies - One-on-one meetings are now open for buyside investors to schedule with ...
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales have Read More...
Oil industry senior management teams will discuss 2019 drilling plans at the EnerCom Dallas investment conference DENVER , Jan. 23, 2019 /PRNewswire/ -- Institutional investors, portfolio managers, financial ...
Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”) today released its operations updates for the fourth quarter and twelve months of 2018. In the three months ended December 31, 2018, the Company drilled 12 new horizontal wells. The Company drilled eight new horizontal San Andres wells on its Central Basin Platform (“CBP”) asset, one new horizontal San Andres well on its North Gaines Property and three new horizontal Brushy Canyon wells on its Delaware Basin Property.
Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) announced today that it has closed its transaction with Tessara Petroleum Resources, a wholly owned subsidiary of The Carlyle Group L.P. (CG) (“Carlyle”), for assets located in Andrews County, Texas. Ring issued 2,623,948 million shares of its common stock valued at $5.80 per share. The transaction has an effective date of November 1, 2018.
NEW YORK/HOUSTON, Dec 21 (Reuters) - U.S. shale producers are slamming the brakes on next year's drilling with crude prices off 40 percent and mounting fears of oversupply, paring budgets that in some cases were set only weeks earlier. The reversal is alarming because blistering growth in shale fields has propelled U.S. crude output 16 percent to about 10.9 million barrels per day for 2018, above Saudi Arabia and Russia. Shale producer Centennial Resource Development on Thursday joined rivals Diamondback Energy, and Parsley Energy in canceling drilling rig additions next year.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we'll show how Ring Energy, Inc.'s (NYSEMKT:REI) Read More...
Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) announced today that it has entered into a Purchase and Sale Agreement with Tessara Petroleum Resources, a wholly owned subsidiary of The Carlyle Group L.P. (CG) (“Carlyle”), to acquire assets located in Andrews County, Texas for 2,623,948 shares of common stock of the Company valued at $5.80 per share. Ring will be the operator, have a 100% working interest and 75% net revenue interest. The acreage is in, around and contiguous to the Company’s core assets on the Central Basin Platform (“CBP”) and offsets the majority of the Company’s top producing wells.
Ring Energy, Inc. (NYSE American: REI)(“Ring”) (“Company”) provided an update today on its current operations for the fourth quarter of 2018. In addition, management announced their intent to become cash flow neutral / cash flow positive in a much shorter time span, while still providing double digit annualized production growth by initiating a one-rig drilling and development program for 2019.