Ring Energy Inc (REI) |
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2.62 0.11 (4.38%)
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07-29 05:45 |
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Open: |
2.57 |
Pre. Close: |
2.51 |
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High:
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2.66 |
Low:
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2.5 |
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Volume:
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957,713 |
Market Cap:
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260M |
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Ring Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas and New Mexico. As of December 31, 2019, the company's proved reserves consisted of approximately 81.1 million barrel of oil equivalent. It also had interests in 18,372 net developed acres and 47,427 net undeveloped acres in Andrews and Gaines counties, Texas; 19,138 net developed acres and 860 net undeveloped acres in Culberson and Reeves counties, Texas; and 8,085 net developed acres and 28,514 net undeveloped acres in Gaines, Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in Midland, Texas. |
Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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2.662 - 2.681 |
2.681 - 2.696 |
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Low:
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2.476 - 2.495 |
2.495 - 2.51 |
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Close:
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2.594 - 2.625 |
2.625 - 2.648 |
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Technical analysis |
as of: 2021-07-28 4:46:46 PM |
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Overall:
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| Stoxline posted a BUY today, upgraded from lower rating. Upward movement to be expected. |
| Target: |
Six months: 3.44 One year: 3.88 |
| Support: |
Support1: 2.35 Support2: 1.96 |
| Resistance: |
Resistance1: 2.95 Resistance2: 3.32 |
| Pivot: |
2.66  |
| Moving Average: |
MA(5): 2.58 MA(20): 2.74
MA(100): 2.52 MA(250): 1.60 |
| MACD: |
MACD(12,26): -0.06 Signal(9): -0.03 |
| Stochastic oscillator: |
%K(14,3): 34.05 %D(3): 27.74 |
| RSI: |
RSI(14): 47.42 |
| 52-week: |
High: 3.36 Low: 0.43 Change(%): 138.2 |
| Average Vol(K): |
3-Month: 254321 10-Days: 186954 |
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Price, moving averages and Bollinger Bands |
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Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.REI has closed above bottom band by 42.9%. Bollinger Bands are 23.5% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices. |
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Headline News |
Wed, 28 Jul 2021
Ring Energy (REI) gains 4.38% to Close at $2.62 on July 28 - Equities.com
Wed, 28 Jul 2021
Ring Energy Inc (REI) falls 3.83% for July 27 - Equities.com
Tue, 27 Jul 2021
Why Invest In Ring Energy Inc. (REI) Stock? - Marketing Sentinel
Mon, 26 Jul 2021
More Growth To Come As Mereo BioPharma Group plc (MREO) and Ring Energy Inc. (REI) Gains In Popularity - BOV News
Fri, 23 Jul 2021
Is Ring Energy Inc. (AMEX: REI) On Track To Post A -30.83% Or More Growth? - Marketing Sentinel
Wed, 21 Jul 2021
Where Does Ring Energy Inc (REI) Stock Fall in the Oil & Gas E&P Field After It Is Down -0.36% This Week? - InvestorsObserver
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Financial Analysis |
| Growth |
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| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
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| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
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| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
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| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Price to Book Value: |
Outperform |
Discounted cash flow: |
Outperform |
| Return on Assets: |
Neutral |
Price to Earnings: |
Underperform |
| Return on Equity: |
Neutral |
Debt to Equity: |
Outperform |
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| Free Technical Analysis Charts
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Stock Basics & Statistics |
| Exchange: AMEX |
| Sector: Energy |
| Industry: Oil & Gas E&P |
| Shares Out. (M) |
68 |
| Shares Float (M) |
52 |
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% Held by Insiders
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17.77 |
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% Held by Institutions
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63.36 |
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Shares Short (K)
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10,320 |
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Shares Short P. Month (K)
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11,690 |
Stock Financials |
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EPS
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-1.142 |
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EPS Est This Year
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0.180 |
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EPS Est Next Year
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0.520 |
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Book Value (p.s.)
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6.390 |
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Profit Margin
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-53.01 |
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Operating Margin
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45.70 |
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Return on Assets (ttm)
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4.6 |
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Return on Equity (ttm)
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-16.3 |
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Qtrly Rev. Growth
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-79.1 |
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Gross Profit (p.s.)
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2.115 |
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Sales Per Share
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2.145 |
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EBITDA (p.s.)
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1.725 |
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Qtrly Earnings Growth
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Operating Cash Flow (M)
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101 |
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Levered Free Cash Flow (M)
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206 |
Stock Valuations |
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PE Ratio
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-2.29 |
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PEG Ratio
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Price to Book value
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0.41 |
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Price to Sales
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1.22 |
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Price to Cash Flow
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1.76 |
Stock Dividends |
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Dividend
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Forward Dividend
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Dividend Yield
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Dividend Pay Date
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Invalid DateTime. |
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Ex-Dividend Date
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Invalid DateTime. |
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