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    Ring Energy Inc.

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    $REI
    Oil & Gas Production
    Energy

    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, 2020, the company's proved reserves consisted of approximately 76.5 million barrel of oil equivalent. It also had interests in 18,712 net developed acres and 6,650 net undeveloped acres in Andrews and Gaines counties, Texas; 18,256 net developed acres and 212 net undeveloped acres in Culberson and Reeves counties, Texas; and 8,085 net developed acres and 24,830 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 Midland, Texas.

    IPO Year:

    Exchange: AMEX

    Website: ringenergy.com

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    Recent Analyst Ratings for Ring Energy Inc.

    DatePrice TargetRatingAnalyst
    8/1/2022$4.90 → $7.50Buy → Neutral
    ROTH Capital
    10/14/2021$4.75Neutral → Buy
    ROTH Capital
    See more ratings

    Ring Energy Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Ring Energy downgraded by ROTH Capital with a new price target

      ROTH Capital downgraded Ring Energy from Buy to Neutral and set a new price target of $7.50 from $4.90 previously

      8/1/22 9:05:19 AM ET
      $REI
      Oil & Gas Production
      Energy
    • Ring Energy upgraded by ROTH Capital with a new price target

      ROTH Capital upgraded Ring Energy from Neutral to Buy and set a new price target of $4.75

      10/14/21 8:49:29 AM ET
      $REI
      Oil & Gas Production
      Energy
    • Alliance Global Partners resumed coverage on Ring Energy

      Alliance Global Partners resumed coverage of Ring Energy with a rating of Buy

      3/8/21 7:07:46 AM ET
      $REI
      Oil & Gas Production
      Energy