Join over 2,000+ Investors
Register now and embark on your journey to informed and successful investing.
Ring Energy Inc
REI | US
1.51
USD-0.02
-1.31%
REI | US
About Ring Energy Inc
Sector
Energy
Industry
Oil & Gas E&P
Earnings date
30/06/2024
As of date
21/10/2024
Close
1.51
Open
1.55
High
1.57
Low
1.47
Ring Energy Inc. an independent exploration and production company engages in the acquisition exploration development and production of oil and natural gas in Texas and New Mexico. It had interests in 54959 net developed acres and 2337 net undeveloped acres in Andrews Gaines Crane Winkler and Ward counties Texas; and 13930 net developed acres and 12512 net undeveloped acres in Yoakum Runnels and Coke Counties Texas and Lea County New Mexico. Ring Energy Inc. 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.
View LessREI | US
Risk
41.6
Sharpe
-0.49
Luna's Score
45/100
Recommendation
Sell
Luna says (REI | US)
What's Working
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
Strong Revenue Growth (> 10%)
What's not Working
Negative Momentum (Declining Price)
Weakness based on declining price with high volume
Price Below SMA10D
Microcap (<300M USD)
High Market Beta (> 0.8)
Weak Sharpe Ratio (< 0.3)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
10 days
37.7%1 month
41.6%3 months
52.7%6 months
51.9%Returns
Fundamental Ratios
PE
4.25
Fwd. PE
3.76
Price to book
0.38
Debt to equity
0.50
Debt to assets
0.30
Ent. to EBITDA
3.22
Ent. to rev.
1.87
PEG
1.82
Other Fundamentals
EBITDA
225.54M
MarketCap
299.24M
MarketCap(USD)
299.24M
Div. yield
-
Op. margin
41.87
Erngs. growth
-26.20
Rev. growth
26.80
Ret. on equity
9.16
Short ratio
7.45
Short perc.
9.52
Market Sentiment (SMA and Price signals)
Short-term: Bearish (SMA10D < SMA1M)
Intermediate-term: Bearish (SMA1M < SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
0.32
Range1M
0.35
Range3M
0.54
Volumes: Market Activity
Rel. volume
1.21
Price X volume
3.69M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | 3.22 | 3.86 | Par |
| Ent. to Revenue | 1.87 | 3.74 | Cheaper |
| PE Ratio | 4.25 | 18.80 | Cheaper |
| Price to Book | 0.38 | 48.42 | Cheaper |
| Dividend Yield | - | 5.31 | - |
| Std. Deviation (3M) | 52.71 | 41.25 | Riskier |
| Debt to Equity | 0.50 | 0.81 | Cheaper |
| Debt to Assets | 0.30 | 0.25 | Par |
| Market Cap | 299.24M | 9.92B | Emerging |
