REI
Energy

Ring Energy, Inc.

REI
Since

Headquarters:

TX, United States

Exchange:

ASE

Industry:

Oil & Gas E&P

Number of Employees:

108.00

Current Fiscal Year:

2024

Market Cap:

0.00

Price per Share:

$0.8861

Quarterly Dividend per Share:

Year-to-date Performance:
-36.7071%
Dividend Yield:
%
Price-to-book Ratio:
0.21
Trailing P/E Ratio:
1.56

Price History

Latest Prices

DateOpenHighLowClose
2025-04-300.90620.90620.86320.8861
2025-04-290.930.93990.90050.9153
2025-04-280.93460.9490.910.9317
2025-04-250.89440.94080.8820.9167
2025-04-240.87050.90510.8650.8981

Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.

Financial Performance

2024 Revenue:382.83M

Detailed view of quarterly revenue

2024 Net Income:112.71M

Detailed view of quarterly net income

2024 Free Cash Flow:43.94M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

Similar Companies