REI

Stats

Summary

company profile management's primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. ring energy, inc. (nyse mkt: rei) is a texas-based oil and gas exploration, development and production company with current operations in texas and kansas. founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. as of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million boe's (barrel of oil equivalents) and an estimated $198 million* in pv-10 (future net revenues discounted 10%). ring energy's management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. with over 100 years of combined experienc

Market Cap: 278 Million

Primary Exchange: NYSE MKT LLC

Website: https://ringenergy.com/

Shares Outstanding: 196 Million

Float: 0

Dividend: 0.0 (0.0%)

Beta: 1.3566356715203214

Sector: Mining, Quarrying, and Oil and Gas Extraction

Industry: Crude Petroleum and Natural Gas Extraction

Ethical Flags

Longest drawdown: 1996 trading days

From: 2014-06-05 To: 2024-03-07

Lowest Point:

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