Sept. 13, 2019 Price forecast | 2 weeks: 5.04% | 1 month: 6.42% | 3 months: 7.99%


REI stock forecast

Our latest prediction for Ring Energy, Inc.'s stock price was made on the Sept. 13, 2019 when the stock price was at 1.47$.

In the short term (2weeks), REI's stock price should outperform the market by 5.04%. During that period the price should oscillate between -8.65% and +17.48%.

In the medium term (3months), REI's stock price should outperform the market by 7.99%. During that period the price should oscillate between -17.98% and +43.44%.

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About Ring Energy, Inc.

Ring Energy, Inc. is an oil and gas exploration company which engages in oil and natural gas acquisition, exploration, development and production activities. The firm's areas of operation situated in the Permian Basin; the Central Basin Platform and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is headquartered in Midland, TX.

At the moment the company generates 153M USD in revenues.

On its last earning announcement, the company reported a profit of 0.33$ per share.

The book value per share is 7.47$

Ring Energy, Inc. website


Three months stock forecastSept. 13, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
153M 39.70% 42M 27.20% 22M 0.33 - - 64M 7.47 72M -436M -363M