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Ring Energy, Inc. (REI)

Energy | Oil & Gas E&P | The Woodlands, United States | NYSE American
1.17 USD +0.04 (3.540%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6 a.m. EDT

Ring Energy presents a catastrophic long-term investment case masked by aggressive speculative call buying. The company is in a deep structural decline, having lost over 90% of its value over the last nine years with four consecutive years of negative performance. Fundamentals are dire: the business is generating significant losses (-88% operating margins), revenue is shrinking (-7%), and the balance sheet is crumbling under debt with a current ratio of just 0.40. There is no dividend to provide income, and the recent capital raising was dilutive, further eroding shareholder value. The stark contrast between these fundamentals and the options market is telling. Traders are pouring money into out-of-the-money calls, betting on a sudden reversal or a 'dead cat bounce' driven by oil prices rather than company quality. However, this is a high-risk speculation on a dying business, not an investment. The statistical forecast model correctly identifies the noise here, showing zero predictive power for the next 45 days. Investors should avoid this security entirely; the market is pricing in a fantasy that the data does not support.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.168036
MSTL0.246973
AutoETS0.257562
AutoTheta0.265033

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 33%
H-stat 3.25
Ljung-Box p 0.000
Jarque-Bera p 0.246
Excess Kurtosis -0.53
Attribute Value
Sector Energy
Debt to Equity Ratio 68.878
Revenue per Share 1.387
Market Cap 297,008,736
Forward P/E 4.42
Beta 0.80
Profit Margins -91.98%
Website https://www.ringenergy.com

As of July 11, 2026, 6 a.m. EDT: Speculators are overwhelmingly bullish, positioning massive call volume and open interest at strikes significantly above the current price ($1.50 and $2.00), while put activity remains negligible. This aggressive call positioning suggests a belief in a rapid recovery or a speculative gamble on a turnaround, despite the lack of fundamental support.


Info Dump

Attribute Value
52 Week Change 0.43037975
Address1 1,725 Hughes Landing Boulevard
Address2 Suite 900
All Time High 20.61
All Time Low 0.43
Ask 1.2
Ask Size 29,100
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 8,575,080
Average Daily Volume3 Month 5,812,759
Average Volume 5,812,759
Average Volume10Days 8,575,080
Beta 0.804
Bid 0.0
Bid Size 21,300
Book Value 2.97
City The Woodlands
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.17
Current Ratio 0.401
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 1.19
Day Low 1.135
Debt To Equity 68.878
Display Name Ring Energy
Earnings Call Timestamp End 1,778,166,000
Earnings Call Timestamp Start 1,778,166,000
Earnings Timestamp 1,778,097,600
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda 119,511,688
Ebitda Margins 0.41573003
Enterprise To Ebitda 5.626
Enterprise To Revenue 2.339
Enterprise Value 672,376,576
Eps Current Year 0.165
Eps Forward 0.265
Eps Trailing Twelve Months -1.33
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.338
Fifty Day Average Change -0.1680001
Fifty Day Average Change Percent -0.12556061
Fifty Two Week Change Percent 43.037975
Fifty Two Week High 2.0
Fifty Two Week High Change -0.83000004
Fifty Two Week High Change Percent -0.41500002
Fifty Two Week Low 0.72
Fifty Two Week Low Change 0.44999993
Fifty Two Week Low Change Percent 0.6249999
Fifty Two Week Range 0.72 - 2.0
Financial Currency USD
First Trade Date Milliseconds 1,176,211,800,000
Float Shares 189,990,667
Forward Eps 0.265
Forward P E 4.4150944
Free Cashflow 17,453,862
Full Exchange Name NYSE American
Full Time Employees 111
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.74297
Gross Profits 213,585,504
Has Pre Post Market Data 1
Held Percent Insiders 0.089420006
Held Percent Institutions 0.31187
Implied Shares Outstanding 253,853,625
Industry Oil & Gas E&P
Industry Disp Oil & Gas E&P
Industry Key oil-gas-e-p
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,212,364,800
Last Split Factor 1:18
Long Business Summary 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 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 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 founded in 2004 and is headquartered in The Woodlands, Texas.
Long Name Ring Energy, Inc.
Market us_market
Market Cap 297,008,736
Market State PRE
Max Age 86,400
Message Board Id finmb_4420411
Most Recent Quarter 1,774,915,200
Net Income To Common -264,433,424
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 297,008,741
Number Of Analyst Opinions 1
Open 1.15
Operating Cashflow 148,373,104
Operating Margins -0.88379997
Payout Ratio 0.0
Phone 281 397 3699
Pre Market Change -0.020999908
Pre Market Change Percent -1.7872263
Pre Market Price 1.154
Pre Market Time 1,784,017,223
Previous Close 1.13
Price Eps Current Year 7.0909085
Price Hint 4
Price To Book 0.39393938
Price To Sales Trailing12 Months 1.033157
Profit Margins -0.91984004
Quick Ratio 0.322
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change 0.04
Regular Market Change Percent 3.53982
Regular Market Day High 1.19
Regular Market Day Low 1.135
Regular Market Day Range 1.135 - 1.19
Regular Market Open 1.15
Regular Market Previous Close 1.13
Regular Market Price 1.17
Regular Market Time 1,783,972,800
Regular Market Volume 6,830,282
Return On Assets 0.010299999
Return On Equity -0.35306
Revenue Growth -0.071
Revenue Per Share 1.387
Sand P52 Week Change 0.20847368
Sector Energy
Sector Disp Energy
Sector Key energy
Shares Outstanding 253,853,625
Shares Percent Shares Out 0.0363
Shares Short 9,218,172
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 6,738,863
Short Name Ring Energy, Inc.
Short Percent Of Float 0.0374
Short Ratio 1.55
Source Interval 15
State TX
Symbol REI
Target High Price 2.5
Target Low Price 2.5
Target Mean Price 2.5
Target Median Price 2.5
Total Cash 1,040,636
Total Cash Per Share 0.005
Total Debt 428,408,512
Total Revenue 287,476,864
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.33
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.19605
Two Hundred Day Average Change -0.02605009
Two Hundred Day Average Change Percent -0.021780102
Type Disp Equity
Volume 6,830,282
Website https://www.ringenergy.com
Zip 77,380