Ring Energy, Inc.
Energy sector | Oil & Gas E&P industry
Metrics for REI
| Price | $1.94 |
|---|---|
| Shares Outstanding | 209.4M |
| All-Time Low | $0.43 |
| 52-Week Low | $0.72 |
Balance Statement Metrics
| Net Cash / Share | $0 |
|---|---|
| Net Current Assets / Share | $-2.45 |
| Net Tangible Assets / Share | $3.99 |
| Shares Outstanding Ave Change (Annual) | 25.61% |
| Shares Δ YoY | 0.88% |
| Avg CA Burn (Annual %) | 30.22% (as of 3-23-2026) |
| Avg CA Burn (Quarterly %) | 6.34% (as of 3-23-2026) |
Earning Metrics
| Max Earning Power / Share | $0.92 |
|---|---|
| Adjusted Earning Power |
$-0.58
adjustedEarningPower = (Net Income / EP_MULTIPLIER) / Shares Outstanding
|
| Non-Cash Charges to Market Cap |
6.04%
nonCashChargeToMKTCAP = Non-Cash Charges / Market Capitalization
|
| Avg EBITDA (5Y) | 187.1M (as of 3-23-2026) |
| Avg EBITDA (5Q) | 34.3M (as of 3-23-2026) |
| Avg Net Income (5Y) | 78.6M (as of 3-23-2026) |
| Avg Net Income (5Q) | -5.8M (as of 3-23-2026) |
Indicators
| Dividend indicators | Value | Date |
|---|---|---|
| Current Dividend Streak | No | 3-23-2026 |
| Consecutive Years Paid | No | 3-23-2026 |
| Pays Dividend | No | 3-23-2026 |
| Income indicators | Value | Date |
|---|---|---|
| EBITDA Positive | Yes | 3-23-2026 |
| Net Income Positive | No | 3-23-2026 |
| Current Dividend Streak | No | 3-23-2026 |
Metric History Explorer
Pick a metric to view its history table and chart.
Tangible Book Value Per Share History
Formula: Tangible Book Value / shares from balance statements. Includes 6 quarterly + 4 annual.
Chart plots one TBV / Share point per report date (duplicate same-date annual/quarterly rows are merged).
| Report Date | Period | TBV / Share | Tangible Book Value | Shares Used |
|---|---|---|---|---|
| 2025-12-31 | Quarterly | $4.03 | 836.3M ($836,275,746) | 207.7M (207,656,929) |
| 2025-09-30 | Quarterly | $4.09 | 847.7M ($847,656,862) | 207.2M (207,223,177) |
| 2025-06-30 | Quarterly | $4.35 | 897.9M ($897,895,769) | 206.5M (206,542,615) |
| 2025-03-31 | Quarterly | $4.24 | 876M ($875,966,058) | 206.5M (206,509,126) |
| 2024-12-31 | Quarterly | $4.32 | 858.6M ($858,639,982) | 198.6M (198,561,378) |
| 2024-12-31 | Annual | $4.32 | 858.6M ($858,639,982) | 198.6M (198,561,378) |
| 2024-09-30 | Quarterly | $4.30 | 851.3M ($851,310,143) | 198.2M (198,196,034) |
| 2023-12-31 | Annual | $4.00 | 786.6M ($786,582,900) | 196.8M (196,837,001) |
| 2022-12-31 | Annual | $3.77 | 661.1M ($661,103,391) | 175.5M (175,530,212) |
| 2021-12-31 | Annual | $3.00 | 300.6M ($300,624,207) | 100.2M (100,192,562) |
Revenue History (Annual)
Revenue from income statements. Includes 4 annual.
Chart plots one annual Revenue point per report date.
| Report Date | Revenue |
|---|---|
| 2024-12-31 | 366.3M ($366,327,414) |
| 2023-12-31 | 361.1M ($361,056,001) |
| 2022-12-31 | 347.2M ($347,249,537) |
| 2021-12-31 | 196.3M ($196,305,966) |
Dividend Payments
Historical cash dividends per share from Yahoo ex-dividend dates.
| Date | Dividend / Share |
|---|---|
| No dividend payment history available yet | |
Shares Outstanding Changes
| Date | Shares Outstanding | Delta |
|---|---|---|
| 2026-03-19 | 209,395,110 | +2,171,933 |
| 2025-11-10 | 207,223,177 | +678,407 |
| 2025-09-17 | 206,544,770 | -222 |
| 2025-08-08 | 206,544,992 | +20,000 |
Short Interest Changes
Latest short-interest change: 10,199,355 shares (5.05% of float) | Days to cover: 1.86
| Date | Short Interest | Delta | Δ % |
|---|---|---|---|
| 2026-04-27 | 10,199,355 shares | +315,780 | +3.19% |
| 2026-04-13 | 9,883,575 shares | +36,278 | +0.37% |
| 2026-03-25 | 9,847,297 shares | +165,888 | +1.71% |
| 2026-03-11 | 9,681,409 shares | +194,410 | +2.05% |
| 2026-02-26 | 9,486,999 shares | +113,012 | +1.21% |
| 2026-02-11 | 9,373,987 shares | -49,461 | -0.52% |
Interesting Volume Days
Volume/ratio use shares outstanding as of the event date (frozen).
| Date | Volume | Shares Outstanding | Volume / Shares | Price |
|---|---|---|---|---|
| No interesting volume events | ||||
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 56,620 net developed acres and 4,029 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,722 net developed acres and 11,548 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.