Ring Energy Financials

REI Stock  USD 1.23  0.02  1.65%   
Based on the key measurements obtained from Ring Energy's financial statements, Ring Energy is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in April. As of now, Ring Energy's Accounts Payable is increasing as compared to previous years. The Ring Energy's current Common Stock Total Equity is estimated to increase to about 212 K, while Short and Long Term Debt Total is projected to decrease to under 231 M. Key indicators impacting Ring Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.780.4532
Way Up
Pretty Stable
Current Ratio0.460.4803
Sufficiently Down
Slightly volatile
The essential information of the day-to-day investment outlook for Ring Energy includes many different criteria found on its balance sheet. An individual investor should monitor Ring Energy's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ring Energy.

Net Income

70.84 Million

  

Ring Energy Stock Summary

Ring Energy competes with Vital Energy, Permian Resources, Magnolia Oil, SM Energy, and Matador Resources. Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas. Ring Energy operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 53 people.
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS76680V1089
CUSIP76680V108
LocationOklahoma; U.S.A
Business Address1725 Hughes Landing
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.ringenergy.com
Phone281 397 3699
CurrencyUSD - US Dollar

Ring Energy Key Financial Ratios

Ring Energy Key Balance Sheet Accounts

202020212022202320242025 (projected)
Retained Earnings(256.3M)(252.9M)(114.3M)(9.4M)58.0M60.9M
Accounts Payable32.5M46.2M111.4M104.1M95.7M100.5M
Total Liab368.7M383.5M607.9M589.9M549.5M576.9M
Common Stock85.6K100.2K175.5K196.8K198.6K208.5K
Total Assets663.5M684.2M1.3B1.4B1.4T1.5T
Other Current Liab3.3M29.2M28.2M7.7M6.9M5.8M
Net Debt311.3M290.3M415.4M429.7M387.2M406.6M
Cash3.6M2.4M3.7M296.4K1.9M1.8M
Total Current Assets20.8M29.8M63.2M55.9M50.4M27.4M
Short Term Debt1.2M1.2M1.6M2.1M2.1M3.7M
Other Current Assets396.1K938.0K6.8M8.1M7.3M6.9M
Other Liab22.8M18.0M15.4M49.2M56.6M59.4M
Net Tangible Assets523.5M294.8M300.6M661.1M760.3M798.3M
Other Assets641.1M1.7M24.0M104.3M1.4T1.5T
Long Term Debt313M290M415M425M385M404.3M
Net Receivables16.8M26.5M43.4M41.4M37.3M39.1M
Inventory1.0(937.1M)9.3M6.1M4.0M4.3M
Capital Surpluse526.3M551.0M553.5M775.2M891.5M936.1M
Long Term Debt Total366.9M313.1M290.3M415M477.3M501.1M

Ring Energy Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense17.6M14.5M23.2M43.9M43.3M45.5M
Operating Income8.8M95.8M191.7M145.8M132.9M139.5M
Ebit(241.8M)17.9M170.2M148.9M131.2M137.8M
Ebitda(197.9M)55.8M226.9M239.0M229.9M241.4M
Income Before Tax(259.4M)3.4M147.0M105.0M87.9M92.3M
Net Income(253.4M)3.3M138.6M104.9M67.5M70.8M
Income Tax Expense(6.0M)90.3K8.4M125.2K20.4M21.5M
Total Revenue113.0M196.3M347.2M361.1M366.3M384.6M
Gross Profit26.6M112.6M220.2M176.9M(140.0M)(133.0M)
Cost Of Revenue86.4M83.7M127.1M184.1M506.3M531.6M
Tax Provision(6.0M)90.3K8.4M125.2K20.4M21.5M
Interest Income8.01.044.7M257.2K491.9K467.3K
Net Interest Income(17.6M)(14.5M)(23.2M)(43.7M)(42.8M)(40.7M)

Ring Energy Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash(6.4M)(1.2M)1.3M(3.4M)1.6M1.6M
Free Cash Flow28.3M19.5M65.8M43.0M38.1M40.0M
Capital Expenditures43.8M53.2M131.2M155.2M156.3M78.5M
Net Income(253.4M)3.3M138.6M104.9M67.5M70.8M
End Period Cash Flow3.6M2.4M3.7M296.4K1.9M1.8M
Other Non Cash Items1.4M(53.5M)15.6M(3.7M)100.8M105.9M
Depreciation319.6M114.8M55.7K88.6M101.9M107.0M
Change To Inventory259.6K(582.7K)(5.6M)3.1M2.1M2.2M
Investments(43.8M)(51.2M)(308.9M)(222.6M)(150.9M)(158.4M)
Change Receivables(10.0M)7.9M(9.5M)(17.2M)(15.5M)(14.7M)
Net Borrowings323.2M(53.8M)(22.5M)106.0M121.9M128.0M
Change To Netincome19.4M278.0M80.4M37.7M43.3M50.1M

Ring Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ring Energy's current stock value. Our valuation model uses many indicators to compare Ring Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ring Energy competition to find correlations between indicators driving Ring Energy's intrinsic value. More Info.
Ring Energy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.71  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ring Energy is roughly  1.40 . As of now, Ring Energy's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ring Energy's earnings, one of the primary drivers of an investment's value.

Ring Energy Systematic Risk

Ring Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ring Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Ring Energy correlated with the market. If Beta is less than 0 Ring Energy generally moves in the opposite direction as compared to the market. If Ring Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ring Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ring Energy is generally in the same direction as the market. If Beta > 1 Ring Energy moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ring Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ring Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ring Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0993)

As of now, Ring Energy's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Ring Energy March 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ring Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ring Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ring Energy based on widely used predictive technical indicators. In general, we focus on analyzing Ring Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ring Energy's daily price indicators and compare them against related drivers.

Complementary Tools for Ring Stock analysis

When running Ring Energy's price analysis, check to measure Ring Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ring Energy is operating at the current time. Most of Ring Energy's value examination focuses on studying past and present price action to predict the probability of Ring Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ring Energy's price. Additionally, you may evaluate how the addition of Ring Energy to your portfolios can decrease your overall portfolio volatility.
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