Ring Energy, Inc.

Equities

REI

US76680V1089

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:00 2024-07-12 pm EDT			5-day change	1st Jan Change
1.9 ^USD	+1.06%		+14.46%	+30.14%

Jul. 08	Ring Energy, Inc. Increases Sales Guidance for Second Quarter 2024	CI
Jun. 24	Ring Energy, Inc. Announces Resignation of Executives	CI

Ring Energy, Inc. Provides Earnings Guidance for the Full Year 2023

October 13, 2022 at 04:45 pm EDT

Ring Energy, Inc. provided its earnings guidance for the full year 2023. For the year, the company plans to maintain or slightly grow 2023 full year average sales volumes compared to anticipated Quarter 4 2022 sales volumes.

Latest news about Ring Energy, Inc.

Ring Energy, Inc. Increases Sales Guidance for Second Quarter 2024	Jul. 08	CI
Ring Energy, Inc. Announces Resignation of Executives	Jun. 24	CI
Ring Energy, Inc. Reports Sales Results for the First Quarter Ended March 31, 2024	May. 08	CI
Transcript : Ring Energy, Inc., Q1 2024 Earnings Call, May 07, 2024	May. 07
Earnings Flash (REI) RING ENERGY Posts Q1 Revenue $94.5M, vs. Street Est of $89.9M	May. 06	MT
Earnings Flash (REI) RING ENERGY Reports Q1 EPS $0.10, vs. Street Est of $0.10	May. 06	MT
Ring Energy, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 06	CI
Ring Energy, Inc. Provides Sales Guidance for the Second Quarter of 2024; Reiterates Sales Guidance for the Full Year 2024	May. 06	CI
Ring Energy, Inc. Announces Board Resignations	Apr. 19	CI
Transcript : Ring Energy, Inc. - Special Call	Mar. 26
Transcript : Ring Energy, Inc., Q4 2023 Earnings Call, Mar 08, 2024	Mar. 08
Ring Energy, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 07	CI
Earnings Flash (REI) RING ENERGY Posts Q4 Revenue $99.9M, vs. Street Est of $97.1M	Mar. 07	MT
Earnings Flash (REI) RING ENERGY Reports Q4 EPS $0.11, vs. Street Est of $0.12	Mar. 07	MT
Ring Energy, Inc. Provides Sales Guidance for the First Quarter and Full Year of 2024	Mar. 07	CI
Ring Energy, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 07	CI
Ring Energy, Inc. Reports Sales Results for the Fourth Quarter of 2023	Jan. 29	CI
Ring Energy, Inc. Provides Sales Guidance for the First Quarter of 2024	Jan. 29	CI
Ring Energy, Inc. Announces Successful Results of Senior Credit Facility Fall 2023 Redetermination and Final Payment for Founders Property Acquisition	Dec. 21	CI
Transcript : Ring Energy, Inc., Q3 2023 Earnings Call, Nov 03, 2023	Nov. 03
Earnings Flash (REI) RING ENERGY Reports Q3 EPS $0.13, vs. Street Est of $0.12	Nov. 02	MT
Ring Energy, Inc. Provides Sales Volume Guidance for the Fourth Quarters of 2023	Nov. 02	CI
Ring Energy, Inc. Reports Sales Volumes Results for the Third Quarter and Nine Months September 30, 2023	Nov. 02	CI
Ring Energy, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
An unknown buyer acquired non-core operated New Mexico properties of Ring Energy for $4.5 million.	Nov. 01	CI

Chart Ring Energy, Inc.

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Company Profile

Ring Energy, Inc. is an oil and gas exploration, development, and production company. The Company is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas. The Company's leasehold acreage positions total approximately 96,127 gross (80,535 net) acres, and it holds interests in approximately 1,043 gross (864 net) producing wells. All of its properties are located in the Permian Basin and its proved reserves are oil-weighted, with approximately 63% consisting of oil, 19% consisting of natural gas, and 18% consisting of natural gas liquids. Of those reserves, approximately 68% are classified as proved developed and 32% are classified as proved undeveloped. Its proved reserves are approximately 129.8 million barrels of oil equivalent (BOE).

Sector

Oil & Gas Exploration and Production

Calendar

2024-08-05 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Ring Energy, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.9 USD

Average target price

3 USD

Spread / Average Target

+57.89%

Consensus

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