Ring Energy, Inc.

NYSE American REI

Ring Energy, Inc. Market Capitalization on January 14, 2025: USD 293.33 M

Ring Energy, Inc. Market Capitalization is USD 293.33 M on January 14, 2025, a 14.30% change year over year. Market capitalization represents total company value in stock market; higher suggests larger, more established company.
  • Ring Energy, Inc. 52-week high Market Capitalization is USD 415.32 M on April 11, 2024, which is 41.59% above the current Market Capitalization.
  • Ring Energy, Inc. 52-week low Market Capitalization is USD 241.80 M on December 23, 2024, which is -17.57% below the current Market Capitalization.
  • Ring Energy, Inc. average Market Capitalization for the last 52 weeks is USD 326.94 M.
Key data
Date Market Capitalization Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S)
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NYSE American: REI

Ring Energy, Inc.

CEO Mr. Paul D. McKinney
IPO Date April 10, 2007
Location United States
Headquarters 1725 Hughes Landing Boulevard
Employees 108
Sector Energy
Industries
Description

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. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 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.

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StockViz Staff

January 15, 2025

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