Ratings Ring Energy, Inc.

Equities

REI

US76680V1089

Market Closed - Nyse Other stock markets 04:00:00 2024-05-23 pm EDT			5-day change	1st Jan Change
1.78 ^USD	-1.66%		+1.71%	+21.92%

May. 08	Ring Energy, Inc. Reports Sales Results for the First Quarter Ended March 31, 2024	CI
May. 07	Transcript : Ring Energy, Inc., Q1 2024 Earnings Call, May 07, 2024

Summary

The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's activity appears highly profitable thanks to its outperforming net margins.
Its low valuation, with P/E ratio at 6.14 and 4.09 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.

Weaknesses

The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
The group shows a rather high level of debt in proportion to its EBITDA.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
The average consensus view of analysts covering the stock has deteriorated over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
RING ENERGY, INC.	+21.92%	358M	C-
CHEVRON CORPORATION	+5.22%	290B	A-
CONOCOPHILLIPS	+1.36%	138B	C
CNOOC LIMITED	+47.54%	120B	B+
CANADIAN NATURAL RESOURCES LIMITED	+19.28%	80.66B	B
EOG RESOURCES, INC.	+2.55%	72.44B	B-
OCCIDENTAL PETROLEUM CORPORATION	+3.77%	55.56B	C+
HESS CORPORATION	+4.25%	46.47B	A-
WOODSIDE ENERGY GROUP LTD	-10.66%	35.01B	A-
DIAMONDBACK ENERGY, INC.	+23.78%	34.3B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes