Ring Energy, Inc. (REI)Energy | Oil & Gas E&P | The Woodlands, United States | NYSE American
1.45 USD
-0.02
(-1.361%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 1.47 +0.02 (1.379%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:10 a.m. EDT
The investment case for Ring Energy is fundamentally broken. The company is hemorrhaging value, evidenced by a catastrophic 90% drop in share price over the last nine years and a trailing twelve-month loss of over 71% of its revenue. While the balance sheet shows some operating cash flow, it is completely overwhelmed by debt, resulting in negative free cash flow and a return on equity of -26%. The recent equity raise was deeply dilutive, further eroding shareholder value. There is no dividend to provide income, and the stock trades at a premium to sales despite generating no profit. On the short end, the options market is screaming 'sell,' with heavy put buying creating a wall of resistance that suggests smart money is fleeing the sinking ship. The statistical forecast model is too weak to offer any guidance here, as the fundamental rot is too severe for price noise models to capture. This is a value trap where the low price reflects a deteriorating business, not a bargain. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.191497 |
| AutoARIMA | 0.191500 |
| MSTL | 0.204393 |
| AutoTheta | 0.321030 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 10.51 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.325 |
| Excess Kurtosis | -1.09 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Debt to Equity Ratio | 48.284 |
| Revenue per Share | 1.44 |
| Market Cap | 377,782,432 |
| Forward P/E | 6.44 |
| Beta | 0.82 |
| Profit Margins | -71.44% |
| Website | https://www.ringenergy.com |
As of Aug. 22, 2026, 2:10 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest significantly exceeds call open interest across nearly all expirations, with deep out-of-the-money puts (strikes below $1.00) accumulating massive volume and open interest relative to the tiny call counterpart. This 'bear put' skew suggests traders are hedging against further deterioration or anticipating a collapse, while the lack of significant call positioning indicates a near-total absence of speculative bullish conviction despite the low implied volatility on calls.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.38679242 |
| Address1 | 1,725 Hughes Landing Boulevard |
| Address2 | Suite 900 |
| All Time High | 20.61 |
| All Time Low | 0.43 |
| Ask | 1.46 |
| Ask Size | 16,900 |
| Average Daily Volume10 Day | 3,458,280 |
| Average Daily Volume3 Month | 4,757,737 |
| Average Volume | 4,757,737 |
| Average Volume10Days | 3,458,280 |
| Beta | 0.821 |
| Bid | 1.45 |
| Bid Size | 16,300 |
| Book Value | 2.892 |
| City | The Woodlands |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.45 |
| Current Ratio | 0.539 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 1.47 |
| Day Low | 1.43 |
| Debt To Equity | 48.284 |
| Display Name | Ring Energy |
| Earnings Call Timestamp End | 1,786,028,400 |
| Earnings Call Timestamp Start | 1,786,028,400 |
| Earnings Growth | 1.702 |
| Earnings Quarterly Growth | 2.14 |
| Earnings Timestamp | 1,785,960,000 |
| Earnings Timestamp End | 1,793,822,400 |
| Earnings Timestamp Start | 1,793,822,400 |
| Ebitda | 149,950,976 |
| Ebitda Margins | 0.48632 |
| Enterprise To Ebitda | 4.938 |
| Enterprise To Revenue | 2.401 |
| Enterprise Value | 740,429,120 |
| Eps Current Year | 0.26 |
| Eps Forward | 0.225 |
| Eps Trailing Twelve Months | -1.01 |
| Esg Populated | 0 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.2436 |
| Fifty Day Average Change | 0.20640004 |
| Fifty Day Average Change Percent | 0.16596979 |
| Fifty Two Week Change Percent | 38.67924 |
| Fifty Two Week High | 2.0 |
| Fifty Two Week High Change | -0.54999995 |
| Fifty Two Week High Change Percent | -0.27499998 |
| Fifty Two Week Low | 0.83 |
| Fifty Two Week Low Change | 0.62000006 |
| Fifty Two Week Low Change Percent | 0.74698806 |
| Fifty Two Week Range | 0.83 - 2.0 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,176,211,800,000 |
| Float Shares | 220,270,605 |
| Forward Eps | 0.225 |
| Forward P E | 6.4444447 |
| Free Cashflow | -3,081,544 |
| Full Exchange Name | NYSE American |
| Full Time Employees | 111 |
| Fullday Change | -0.02 |
| Fullday Change Percent | -1.36054 |
| Fullday Price | 1.47 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.76489997 |
| Gross Profits | 235,849,152 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.08712 |
| Held Percent Institutions | 0.47367 |
| Implied Shares Outstanding | 260,539,607 |
| Industry | Oil & Gas E&P |
| Industry Disp | Oil & Gas E&P |
| Industry Key | oil-gas-e-p |
| Is Earnings Date Estimate | 0 |
| 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 | 377,782,432 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_4420411 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -220,274,992 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 382,993,222 |
| Number Of Analyst Opinions | 2 |
| Open | 1.45 |
| Operating Cashflow | 155,865,136 |
| Operating Margins | 0.74271005 |
| Payout Ratio | 0.0 |
| Phone | 281 397 3699 |
| Post Market Change | 0.01999998 |
| Post Market Change Percent | 1.3793089 |
| Post Market Price | 1.47 |
| Post Market Time | 1,787,961,307 |
| Previous Close | 1.47 |
| Price Eps Current Year | 5.5769234 |
| Price Hint | 4 |
| Price To Book | 0.5013831 |
| Price To Sales Trailing12 Months | 1.2252115 |
| Profit Margins | -0.71439004 |
| Quick Ratio | 0.405 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.02 |
| Regular Market Change Percent | -1.36054 |
| Regular Market Day High | 1.47 |
| Regular Market Day Low | 1.43 |
| Regular Market Day Range | 1.43 - 1.47 |
| Regular Market Open | 1.45 |
| Regular Market Previous Close | 1.47 |
| Regular Market Price | 1.45 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 2,107,996 |
| Return On Assets | 0.02619 |
| Return On Equity | -0.26679 |
| Revenue Growth | 0.265 |
| Revenue Per Share | 1.44 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Shares Outstanding | 260,539,607 |
| Shares Percent Shares Out | 0.039 |
| Shares Short | 10,152,475 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 10,828,811 |
| Short Name | Ring Energy, Inc. |
| Short Percent Of Float | 0.0401 |
| Short Ratio | 2.8 |
| Source Interval | 15 |
| State | TX |
| Symbol | REI |
| Target High Price | 2.25 |
| Target Low Price | 2.0 |
| Target Mean Price | 2.125 |
| Target Median Price | 2.125 |
| Total Cash | 1,137,410 |
| Total Cash Per Share | 0.004 |
| Total Debt | 363,784,064 |
| Total Revenue | 308,340,576 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.01 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.24515 |
| Two Hundred Day Average Change | 0.20485008 |
| Two Hundred Day Average Change Percent | 0.1645184 |
| Type Disp | Equity |
| Volume | 2,107,996 |
| Website | https://www.ringenergy.com |
| Zip | 77,380 |