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Ring Energy, Inc. (REI)

Energy | Oil & Gas E&P | The Woodlands, United States | NYSE American
1.25 USD -0.07 (-5.303%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 1.27 +0.02 (1.480%) ⇧ (April 17, 2026, 7:55 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:44 p.m. EDT

Ring Energy is a neutral noise play with high debt but positive cash flow. The massive 'long-term' put buyers defining volatility upside suggest a specific value cap at +50-60%, making a momentum play difficult without breaking that technical ceiling. Fundamentals support a swing trade (3s) if oil holds, but the put heavy open interest creates strong overhead resistance. Essential hold, not a long-term compounder.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.363579
AutoETS0.363915
MSTL0.364605
AutoARIMA0.366535

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 50%
H-stat 4.00
Ljung-Box p 0.000
Jarque-Bera p 0.090
Excess Kurtosis -0.26
Attribute Value
Sector Energy
Debt to Equity Ratio 50.61
Revenue per Share 1.429
Market Cap 261,743,872
Forward P/E 6.94
Beta 0.78
Profit Margins -11.86%
Website https://www.ringenergy.com

As of April 18, 2026, 10:44 p.m. EDT: Options flow shows heavy Put-Call skew with massive open interest (OI) on out-of-the-money (OTM) strikes over 60-120% away ($2.00, $2.50), suggesting a severe valuation cap or specific event-driven cap rather than a directional bet. Contrast this with OTM call OI at +20% ($1.50) at only 1.7k-2.6k in expirations 30+. Calls maintain higher Volume (248 at June '26) than Puts. IV is compressed across all strikes, indicating low implied volatility premium, while market data notes OI buildup at far OTM levels likely acting as a resistance ceiling at +60%.


Info Dump

Attribute Value
52 Week Change 0.4204545
Address1 1,725 Hughes Landing Boulevard
Address2 Suite 900
All Time High 20.61
All Time Low 0.43
Ask 1.27
Ask Size 19,900
Audit Risk 4
Average Daily Volume10 Day 4,142,950
Average Daily Volume3 Month 5,034,272
Average Volume 5,034,272
Average Volume10Days 4,142,950
Beta 0.775
Bid 1.25
Bid Size 10,900
Board Risk 4
Book Value 4.027
City The Woodlands
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.25
Current Ratio 0.615
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 1.27
Day Low 1.19
Debt To Equity 50.61
Display Name Ring Energy
Earnings Call Timestamp End 1,772,726,400
Earnings Call Timestamp Start 1,772,726,400
Earnings Timestamp 1,772,658,000
Earnings Timestamp End 1,778,097,600
Earnings Timestamp Start 1,778,097,600
Ebitda 204,050,256
Ebitda Margins 0.69674003
Enterprise To Ebitda 3.352
Enterprise To Revenue 2.336
Enterprise Value 684,076,288
Eps Current Year 0.08
Eps Forward 0.18
Eps Trailing Twelve Months -0.17
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.4174
Fifty Day Average Change -0.1674
Fifty Day Average Change Percent -0.11810357
Fifty Two Week Change Percent 42.04545
Fifty Two Week High 1.65
Fifty Two Week High Change -0.39999998
Fifty Two Week High Change Percent -0.24242423
Fifty Two Week Low 0.72
Fifty Two Week Low Change 0.53
Fifty Two Week Low Change Percent 0.73611104
Fifty Two Week Range 0.72 - 1.65
Financial Currency USD
First Trade Date Milliseconds 1,176,211,800,000
Float Shares 186,453,782
Forward Eps 0.18
Forward P E 6.944444
Free Cashflow -46,639,752
Full Exchange Name NYSE American
Full Time Employees 111
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.74314004
Gross Profits 217,641,616
Has Pre Post Market Data 1
Held Percent Insiders 0.1084
Held Percent Institutions 0.2992
Implied Shares Outstanding 209,395,111
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 261,743,872
Market State CLOSED
Max Age 86,400
Message Board Id finmb_4420411
Most Recent Quarter 1,767,139,200
Net Income To Common -34,731,200
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 261,743,887
Number Of Analyst Opinions 1
Open 1.27
Operating Cashflow 150,849,408
Operating Margins 0.44366002
Overall Risk 3
Payout Ratio 0.0
Phone 281 397 3699
Post Market Change 0.01849997
Post Market Change Percent 1.4799976
Post Market Price 1.2685
Post Market Time 1,776,470,102
Previous Close 1.32
Price Eps Current Year 15.625
Price Hint 4
Price To Book 0.31040478
Price To Sales Trailing12 Months 0.89373296
Profit Margins -0.118590005
Quick Ratio 0.331
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0700001
Regular Market Change Percent -5.30303
Regular Market Day High 1.27
Regular Market Day Low 1.19
Regular Market Day Range 1.19 - 1.27
Regular Market Open 1.27
Regular Market Previous Close 1.32
Regular Market Price 1.25
Regular Market Time 1,776,456,000
Regular Market Volume 5,776,307
Return On Assets 0.04705
Return On Equity -0.04098
Revenue Growth -0.2
Revenue Per Share 1.429
Sand P52 Week Change 0.38150132
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 3
Shares Outstanding 209,395,110
Shares Percent Shares Out 0.047199998
Shares Short 9,883,575
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 9,681,409
Short Name Ring Energy, Inc.
Short Percent Of Float 0.056700002
Short Ratio 1.54
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 902,913
Total Cash Per Share 0.004
Total Debt 423,235,296
Total Revenue 292,865,856
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.17
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.06185
Two Hundred Day Average Change 0.18815005
Two Hundred Day Average Change Percent 0.17719081
Type Disp Equity
Volume 5,776,307
Website https://www.ringenergy.com
Zip 77,380