(REI) Ring Energy - AMEX
Sector: Energy | Industry: Oil & Gas E&P | Exchange: AMEX (USA) | Market Cap: 320m USD | Total Return: 61.5% in 12m
Avg Turnover: 5.72M
Qual. Beats: 0
Rev. Trend: -77.6%
Qual. Beats: 1
Warnings
Interest Coverage Ratio 0.6 is critical
Beneish M-Score 1.00 > -1.5 - likely earnings manipulation
Altman Z'' 0.20 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Ring Energy, Inc. is a Texas-based independent energy company focused on the acquisition, development, and production of oil and natural gas. The firm operates primarily within the Permian Basin, maintaining significant acreage across several counties in West Texas and Southeast New Mexico. Its business model centers on the exploitation of conventional and unconventional assets, selling extracted resources directly to end users and regional marketers.
The company operates in the upstream sector, which is characterized by high capital intensity and direct sensitivity to global commodity price fluctuations. By focusing on the Permian Basin, Ring Energy utilizes established infrastructure in one of the most prolific hydrocarbon-producing regions in the United States. Investors may find it useful to review ValueRay for further data on the companys valuation metrics.
Founded in 2004 and headquartered in The Woodlands, Ring Energy transitioned from its previous identity as Transglobal Mining Corp. in 2008. As a small-cap exploration and production (E&P) player, the company manages a portfolio of both developed and undeveloped land to sustain its production pipeline.
- Permian Basin production volumes drive top-line revenue growth
- Crude oil price volatility impacts operating cash flow and margins
- Strategic acquisitions and asset integration determine capital allocation efficiency
- Debt reduction progress influences equity valuation and risk profile
| Net Income: -264.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -3.97 > 1.0 |
| NWC/Revenue: -29.36% < 20% (prev -15.69%; Δ -13.66% < -1%) |
| CFO/TA 0.12 > 3% & CFO 148.4m > Net Income -264.4m |
| Net Debt (429.8m) to EBITDA (123.7m): 3.48 < 3 |
| Current Ratio: 0.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (207.0m) vs 12m ago 2.94% < -2% |
| Gross Margin: 56.50% > 18% (prev 42.69%; Δ 13.81% > 0.5%) |
| Asset Turnover: 21.86% > 50% (prev 23.31%; Δ -1.44% > 0%) |
| Interest Coverage Ratio: 0.62 > 6 (EBIT TTM 27.3m / Interest Expense TTM 44.4m) |
| A: -0.07 (Total Current Assets 59.3m - Total Current Liabilities 147.9m) / Total Assets 1.25b |
| B: -0.15 (Retained Earnings -191.6m / Total Assets 1.25b) |
| C: 0.02 (EBIT TTM 27.3m / Avg Total Assets 1.38b) |
| D: 0.98 (Book Value of Equity 622.0m / Total Liabilities 632.7m) |
| Altman-Z'' = 0.20 = B |
| DSRI: 1.43 (Receivables 46.6m/37.8m, Revenue 301.8m/350.9m) |
| GMI: 0.76 (GM 42.69% / 56.50%) |
| AQI: 119.8 (AQ_t 0.95 / AQ_t-1 0.01) |
| SGI: 0.86 (Revenue 301.8m / 350.9m) |
| TATA: -0.33 (NI -264.4m - CFO 148.4m) / TA 1.25b) |
| Beneish M = 67.40 (Cap -4..+1) = D |
As of June 10, 2026, the stock is trading at USD 1.26 with a total of 3,611,365 shares traded.
Over the past week, the price has changed by -7.35%,
over one month by -23.64%,
over three months by -16.00% and
over the past year by +61.54%.
Ring Energy has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold REI.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 2.5 | 98.4% |
P/E Forward = 7.5019
P/S = 1.1126
P/B = 0.551
P/EG = 1.82
Revenue TTM = 301.8m USD
EBIT TTM = 27.3m USD
EBITDA TTM = 123.7m USD
Long Term Debt = 426.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.23m USD (from shortTermDebt, last quarter)
Debt = 430.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 2.41m
Net Debt = 429.8m USD (calculated: Debt 430.8m - CCE 1.04m)
Enterprise Value = 749.6m USD (319.9m + Debt 430.8m - CCE 1.04m)
Interest Coverage Ratio = 0.62 (Ebit TTM 27.3m / Interest Expense TTM 44.4m)
EV/FCF = -29.24x (Enterprise Value 749.6m / FCF TTM -25.6m)
FCF Yield = -3.42% (FCF TTM -25.6m / Enterprise Value 749.6m)
FCF Margin = -8.50% (FCF TTM -25.6m / Revenue TTM 301.8m)
Net Margin = -87.63% (Net Income TTM -264.4m / Revenue TTM 301.8m)
Gross Margin = 56.50% ((Revenue TTM 301.8m - Cost of Revenue TTM 131.3m) / Revenue TTM)
Gross Margin QoQ = 62.43% (prev 28.66%)
Tobins Q-Ratio = 0.60 (Enterprise Value 749.6m / Total Assets 1.25b)
Interest Expense / Debt = 10.29% (Interest Expense 44.4m / Debt 430.8m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 21.6m (EBIT 27.3m * (1 - 21.00%))
Current Ratio = 0.40 (Total Current Assets 59.3m / Total Current Liabilities 147.9m)
Debt / Equity = 0.69 (Debt 430.8m / totalStockholderEquity, last quarter 622.0m)
Debt / EBITDA = 3.48 (Net Debt 429.8m / EBITDA 123.7m)
Debt / FCF = -16.76 (negative FCF - burning cash) (Net Debt 429.8m / FCF TTM -25.6m)
Total Stockholder Equity = 801.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -19.16% (Net Income -264.4m / Total Assets 1.25b)
RoE = -33.01% (Net Income TTM -264.4m / Total Stockholder Equity 801.0m)
RoCE = 2.22% (EBIT 27.3m / Capital Employed (Equity 801.0m + L.T.Debt 426.0m))
RoIC = 1.95% (NOPAT 21.6m / Invested Capital 1.11b)
WACC = 9.00% (E(319.9m)/V(750.7m) * Re(10.17%) + D(430.8m)/V(750.7m) * Rd(10.29%) * (1-Tc(0.21)))
Discount Rate = 10.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 83.55 | Cagr: 2.03%
[DCF] Fair Price = unknown (Cash Flow -25.6m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.20 | # QB: 0
Revenue Correlation: -77.65 | Revenue CAGR: -6.77% | SUE: 1.70 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.04 | Chg30d=N/A | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.05 | Chg30d=N/A | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=0.18 | Chg30d=+125.00% | Revisions=+20% | GrowthEPS=-5.3% | GrowthRev=-0.3%
EPS next Year (2027-12-31): EPS=0.29 | Chg30d=+61.11% | Revisions=+20% | GrowthEPS=+61.1% | GrowthRev=+17.2%
[Analyst] Revisions Ratio: +20%