Ring Energy stock (March 2026) | Growth, Valuation & Analysis

Ring Energy

NYSEAM:REI

$ 1,59

+ $0,04 (2,58%)

1,59 $

+$0,04 (2,58%)

End-of-day quote: 03/26/2026

Ring Energy Stock Value

The current analyst rating for NYSEAM:REI is Buy.

Buy

Ring Energy Company Info

EPS Growth 5Y

-9,61%

Market Cap

$0,33 B

Long-Term Debt

$0,39 B

Short Interest

2,44%

Quarterly earnings

05/06/2026 (E)

Dividend

$0,00

Dividend Yield

0,00%

Founded

2004

Industry

Energy

Country

United States

ISIN Number

US76680V1089

Website

http://www.ringenergy.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$2,50

57.23%

Last Update: 03/22/2026

Analysts: 1

Highest Price Target $2,50

Average Price Target $2,50

Lowest Price Target $2,50

In the last five quarters, Ring Energy’s Price Target has fallen from $3,30 to $2,75 - a -16,67% decrease. One analysts predict that Ring Energy’s share price will increase in the coming year, reaching $2,50. This would represent an increase of 57,23%.

Top growth stocks in the energy sector (5Y.)

What does Ring Energy do?

Ring Energy, Inc. operates as a growth oriented independent oil and natural gas exploration and production company. The company engages in oil and natural gas s development, production, acquisition, and exploration activities in the Permian Basin of Texas. The company’s drilling operations target the oil and liquids rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas. Oil and Natural Gas Properties and Projects Significant Operations...

Oil and Natural Gas Properties and Projects

Significant Operations

Northwest Shelf – Yoakum County, Texas and Lea County, New Mexico – In 2019, the company acquired properties consisting of 49,754 gross (38,230 net) acres with an average working interest of 77% and an average net revenue interest of 58%. As of December 31, 2024, the company owned interests in a total of 12,572 gross (8,722 net) developed acres and 14,979 gross (11,548 net) undeveloped acres with an average proved operated working interest of 91% and net revenue interest of 69%. As of December 31, 2024, the company had interests in approximately five gross vertical and 151 gross horizontal producing wells, of which the company operates five vertical and 116 horizontal wells. The horizontal wells predominately produce from the San Andres conventional reservoir and the verticals produce from Wolfcamp reservoir.

Central Basin Platform – Andrews, Gaines, Crane, Ector, Winkler, and Ward Counties, Texas – In 2011, the company acquired a 100% working interest and a 75% net revenue interest in its initial leases in Andrews County. In 2022, the company acquired properties consists of approximately 37,000 net acres, with an average working interest of 99% and an average net revenue interest of 88% for oil and 96% for natural gas in its initial leases in Crane, Winkler, and Ward counties. In 2023, the company acquired properties in Ector County. As of December 31, 2024, it owned interests in a total of 63,712 gross (56,620 net) developed acres and 6,336 gross (4,029 net) undeveloped acres with an average proved operated working interest of 97% and net revenue interest of 83% in the area. As of December 31, 2024, the company had interests in approximately 581 gross vertical and 198 gross horizontal producing wells, of which the company operates 470 vertical and 196 horizontal wells. The horizontal wells predominately produce from the San Andres conventional reservoir and the vertical wells produce from a variety of conventional pay sands including Holt, Glorieta, Clear Fork, Wichita Albany, Tubb, Wolfcamp and Devonian reservoirs.

Business Strategy

The company's strategy is to pursue strategic acquisitions.

Marketing and Transportation

The company is presently committed to use the services of the existing gathering systems of the companies that purchase its natural gas production. This commitment is tied to existing natural gas purchase contracts associated with the company’s production, which potentially gives such gathering companies certain short-term relative monopolistic powers to set gathering and transportation costs.

The company’s oil is transported from the wellhead to tank batteries or delivery points through its flowlines or gathering systems. Purchasers of the company’s oil take delivery at a pipeline delivery point or at its tank batteries for transport by truck. The company’s natural gas is transported from the wellhead to the purchaser’s meter and pipeline interconnection point through its gathering systems. The company has implemented a Leak Detection and Repair program, or LDAR, to locate and repair leaking components including valves, pumps, and connectors, to minimize the emission of fugitive volatile organic compounds and hazardous air pollutants. The company produced saltwater is generally moved by pipeline connected to its operated saltwater disposal wells or by truck to commercial disposal facilities.

Customers

For the year ended December 31, 2024, sales to three customers Phillips 66 Company (‘Phillips’), Concord Energy LLC (‘Concord’), LPC Crude III, LLC (‘LPC’) and represented 61%, 14%, and 13% respectively, of its oil, natural gas, and natural gas liquids revenues. As of December 31, 2024, accounts receivable from these three customers represented 64%, 11%, and 11% of the company’s total accounts receivable.

Seasonal Nature of Business

Demand for natural gas is typically higher during the winter, resulting in higher natural gas prices for the company’s natural gas production during its first and fourth fiscal quarters (year ended December 2024).

Governmental Regulations

The company’s operations are subject to the Clean Air Act (CAA) and comparable state and local laws and regulations, which regulate emissions of air pollutants from various sources and mandate certain permitting, monitoring, recordkeeping, and reporting requirements.

History

The company was founded in 2004. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008.

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Ring Energy Stock Value

Ring Energy Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Ring Energy do?

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Ring Energy Stock Value

Ring Energy Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Ring Energy do?

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.