Ratings Ring Energy, Inc.

Equities

REI

US76680V1089

Real-time Estimate Cboe BZX Other stock markets 10:56:32 2024-06-06 am EDT			5-day change	1st Jan Change
1.645 ^USD	-2.66%		-7.02%	+13.36%

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's Refinitiv ESG score, based on a relative ranking of the company within its sector, comes out particularly poor.

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 5.83 and 3.89 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company has a low valuation given the cash flows generated by its activity.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.

Weaknesses

The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
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 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.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
RING ENERGY, INC.	+13.36%	335M	C-
CHEVRON CORPORATION	+3.60%	286B	A-
CONOCOPHILLIPS	-3.84%	131B	C
CNOOC LIMITED	+62.31%	128B	B+
CANADIAN NATURAL RESOURCES LIMITED	+12.78%	76.53B	B
EOG RESOURCES, INC.	-0.37%	69.14B	B-
OCCIDENTAL PETROLEUM CORPORATION	-0.18%	53.06B	C+
HESS CORPORATION	+1.70%	45.15B	A-
WOODSIDE ENERGY GROUP LTD	-12.72%	34.21B	A-
DIAMONDBACK ENERGY, INC.	+22.65%	33.74B	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