Ring Energy Stock Forecast 2025: Price News, Strong Symbol REI

Ring Energy Stock Forecast 2025: We predict the value of Ring Energy shares will increase by 8.03% by March 16, 2023, reaching $ 2.11 per share, according to our current REI stock forecast. Technical indicators indicate a Bearish sentiment, while Fear & Greed Index indicates 39 (Fear). In the last 30 days, REI stock recorded 15/30 (50%) green days with 9.22% price volatility. Since REI stock has traded 7.43% below our forecast, now is a good time to buy REI.

A quarter ago, Ring Energy (REI) reported earnings per share of $0.13, $0.11 lower than analysts’ estimates of $0.24. Revenue for the quarter came in at $99.7 million, compared to the consensus estimate of $108.8 million.

According to investing.com – Ring Energy Inc (NYSE: REI) reported first quarter EPS of $0.130, $0.11 below analyst estimates of $0.240. The company’s revenue for the quarter was $99.7M, exceeding the consensus estimate of $108.8M. At $1.990, Ring Energy Inc’s stock closed. It is down -10.760% in the last 3 months and down -45.780% in the last 12 months. In the last 90 days, Ring Energy Inc’s EPS have been revised two times.

According to CNN money ring energy stronghold, analysts have a median price target of 5.50, with a high estimate of 8.00 and a low estimate of 3.00. This represents a +129.17% increase from its last price of 2.40.

Ring Energy Inc.’s stock has been rated hold by three polled investment analyst’s Recommendations since November when it was unchanged from a hold.

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Ring Energy Inc


Ring Energy Stock Forecast 2025
Ring Energy Stock Forecast 2025

Ring Energy Inc. is a Texas-based oil and gas exploration and production company that is shaking up the industry with its innovative approach to drilling and production. Founded in 2006, the company has grown rapidly to become one of the leading players in the industry, with operations in Texas, Kansas, and New Mexico.

From major oil discoveries to its listing on the NYSE American exchange, Ring Energy has a proven track record of success. But what sets this company apart from its competitors is its commitment to responsible development and its strong financial performance. In this article, we’ll take a closer look at Ring Energy Inc. and explore what makes it a company worth watching in the oil and gas industry.

About Ring Energy, Inc. (REI)

About Ring Energy, Inc. (REI)
About Ring Energy, Inc. (REI)

Ring Energy, Inc. is a development, production, and exploration company based in The Woodlands, Texas.

Aimed at growth, REI operates primarily on the oil & gas fields of the renowned Permian Basin – more particularly in the Northwest Shelf, the Central Basin Platform & Delaware Basin.

With 35+ years of experience with San Andres formation drilling and producing, REI’s management team has drilled vertical and horizontal wells for the said assets.

Ring Energy Inc. Achievements

ring energy price prediction

In 2009, Ring Energy (REI Stock)made its first major oil discovery in Texas, which marked the beginning of its successful drilling program in the state. In 2013, the company expanded into Kansas, and it has since become one of the largest oil and gas producers in the state.

In 2016, REI completed its initial public offering, and it has since been listed on the NYSE American exchange. In 2017, the company acquired more than 80,000 acres of land in the Permian Basin, which is one of the most active and productive oil and gas regions in the country.

In 2018, Ring Energy reported record production levels and revenue, and it continued to grow its reserves and resources. In 2020, the company announced the closing of its acquisition of Permian Basin assets, which added approximately 14,000 net acres to the company’s holdings and increased production by approximately 25%. REI does not currently pay any dividends. Based on REI’s next fiscal year EPS estimate multiplied by hypothetical payout ratios, here is what REI’s dividend and yield would look like 3.39% yield on a 10% payout Ratio.

(REI) Ring Energy Inc. – Nasdaq Real Time Price. Currency in USD

rie chart
NYSE American – Nasdaq Real Time Price. Currency in USD (source yahoo finance)
Previous Close2.4000
Bid2.4400 x 4000
Ask2.4500 x 4000
Day’s Range2.3850 – 2.4800
52 Week Range2.1400 – 5.0900
Avg. Volume2,265,814
Ring Energy Stock Forecast 2025 source(Yahoo finance)
Market Cap424.691M
Beta (5Y Monthly)1.98
PE Ratio (TTM)2.15
EPS (TTM)1.1300
Earnings DateMar 14, 2023 – Mar 20, 2023
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est5.50
Ring Energy Stock Forecast 2025 Source (yahoo finance)

rei stock news today

The Woodlands, Texas, Dec. 29, 2022 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) has released its Sustainability Report for 2022, which can be found on the Company’s website at www.ringenergy.com under “Sustainability”.


Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented saying “Continuing to commit to growing our business responsibly for our shareholders’ long-term benefit is an important part of fostering a culture based on environmental stewardship, operational safety, social responsibility, and corporate governance. Accordingly, we are happy to announce the release of our 2022 Sustainability Report – tracking our ESG progress and steps taken towards increasing sustainable development.”

In 2022, Ring Energy not only achieved success in numerous areas such as its development program for high-rate-of-return drilling and the execution of initiatives to improve operations. It also produced significant free cash flow which was used to lower debt.

The most remarkable accomplishment of the year was the acquisition of Stronghold Energy’s Central Basin Platform asset base. The transaction effectively increased the size and scale of Ring Energy while reducing overall costs and maximizing free cash flow generation. This puts the Company in a strong financial posture, which will be further bolstered by its commitment to sustainability with the aim of increasing shareholder value.

REI Stock Quater Results

For 4Q22, the company anticipated making capital expenditures of $42-$46 million (15% under prior estimates), and to achieve sales volumes of 18,000-19,000 BOE/D comprising about 70% oil, 17% natural gas, and 13% natural gas liquids.

This is about a 40% volumetric increase from 3Q22 sales volumes. Note that while higher-valued oil was projected to be lower on a percentage basis, on an absolute volume basis oil was projected to be higher by about 3000 BPD.

REI Stock forecast

Ring Energy, Inc. (NYSE American: REI) (“Ring”) company is engaged in the business of acquiring, developing, exploiting, and producing oil and natural gas properties. The long term ring entry stock forecast as of December 31, 2018, Ring had proved reserves of approximately 102.6 million barrels of oil equivalent (MBOE), including approximately 59.7 MBOE of crude oil and condensate, 19.4 MBOE of natural gas liquids and 23.5 billion cubic feet (Bcf) of natural gas.

The majority of Ring’s estimated proved reserves and production are concentrated in its Central Basin Platform (“CBP”) project located in Reagan County, Texas. The CBP project consists of approximately 33,000 net acres (52 sections) with an average working interest of approximately 75%.

The ring has identified more than 2,000 potential drilling locations on its CBP acreage with an estimated gross unrisked resource potential of over 1 billion barrels of oil equivalent. In addition to the CBP project, Ring also has a significant position in the Northwest Shelf (“NWS”) area located in Howard County, Texas which consists of approximately 12,000 net acres (19 sections).

Ring Energy Stock Forecast 2023

Ring Energy Stock Forecast for upcoming days, the total return is 23666.52%. There are 11 forecasts for Ring Energy stock for 2023, with an average of $2.07, a high of $2.34, and a low of $1.63 for each month of 2023. Ring Energy stock forecast for 2023 represents a -15.67% decrease from the last price of $2.45499992370605.

Ring Energy Stock Forecast 2025

For the rei stock forecast 2025, the top 12 predictions are offered for each month of 2025 with an average Ring Energy stock forecast of $1.89, a high forecast of $1.87, and a low forecast of $1.5. Compared to the last price of $2.454999, the average Ring Energy stock forecast for 2025 is down -23.06%.

Ring Energy Stock Forecast 2030

For the REI stock forecast 2030, 12 predictions are offered for each month of 2025 with an average Ring Energy stock forecast of $1.88, a high forecast of $1.57, and a low forecast of $2.05, the average Ring Energy stock forecast 2025 represents a -34.06% decrease from the last price of $2.454999.

REI stock buy or sell

rei stock buy or sell
rei stock buy or sell

FAQ – Ring Energy Stock Forecast 2025

  1. Is Ring Energy, Inc stock A Buy?

    At the current level, Ring Energy, Inc should be considered a hold candidate (hold or accumulate) while waiting for further developments.

  2. Will Ring Energy stock go up or down?

    According to 3 analysts, Ring Energy Inc has a median price target of 5.50, with a high estimate of 8.00 and a low estimate of 3.00. The median estimate represents a +122.67% increase from the last price of 2.47.

  3. What was the 52-week high for Ring Energy stock?

    Ring Energy’s 52-week high was 5.08, which means the current price is 47.54% below its 52-week high.

  4. Is Ring Energy stock overvalued?

    Due to its market trends, it can be said as it is overvalued stock at present

  5. How does REI trend work?

    REI trend works as if (EPS is .78 and Payout Ratio is 20% than the Yield would be 6.78 %)

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