REI
Price:
$1.14
Market Cap:
$237.27M
Ring Energy, Inc. operates as an oil and natural gas exploration and production firm, concentrating its efforts on the acquisition, development, and extraction of these resources across Texas and New Mexico. By the close of 2021, specifically December 31st, the company had established proved reserves totaling roughly 77.8 million barrels of oil equivalent. Its asset portfolio includes significant acreage: 18,882 net developed acres alongside 1,406 net undeveloped acres in Texas's Andrews and Gaines counties; an additional 18,437 net developed acres situated in Culberson and Reeves counties, Texas; and a combined 13,662 net developed acres with 11,993 net undeveloped acres located across Yoak...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2007-04-10
Stock Exchange
AMEX
Ticker
REI
According to Ring Energy, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 664.63M. This represents a change of 1.53% compared to the average of 654.63M of the last 4 quarters.
The mean historical Enterprise Value of Ring Energy, Inc. over the last ten years is 556.08M. The current 664.63M Enterprise Value has changed 11.85% with respect to the historical average. Over the past ten years (40 quarters), REI's Enterprise Value was at its highest in in the March 2024 quarter at 815.83M. The Enterprise Value was at its lowest in in the June 2016 quarter at 332.35M.
Average
556.08M
Median
568.41M
Minimum
338.55M
Maximum
713.73M
Discovering the peaks and valleys of Ring Energy, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 79.82%
Maximum Annual Enterprise Value = 713.73M
Minimum Annual Increase = -51.58%
Minimum Annual Enterprise Value = 338.55M
| Year | Enterprise Value | Change |
|---|---|---|
| 2025 | 602.01M | -8.29% |
| 2024 | 656.43M | -7.28% |
| 2023 | 707.98M | -0.81% |
| 2022 | 713.73M | 38.09% |
| 2021 | 516.87M | 43.80% |
| 2020 | 359.44M | -32.79% |
| 2019 | 534.82M | 57.97% |
| 2018 | 338.55M | -51.58% |
| 2017 | 699.22M | 61.94% |
| 2016 | 431.76M | 79.82% |
The current Enterprise Value of Ring Energy, Inc. (REI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
655.47M
5-year avg
639.40M
10-year avg
556.08M
Ring Energy, Inc.’s Enterprise Value is greater than Imperial Petroleum Inc. (112.24M), greater than Amplify Energy Corp. (132.44M), greater than Houston American Energy Corp. (28.13M), greater than Infinity Natural Resources, Inc. (663.09M), greater than PrimeEnergy Resources Corporation (270.16M), greater than Kolibri Global Energy Inc. (221.41M), greater than New Era Energy & Digital, Inc. (408.27M), greater than DMC Global Inc. (166.34M), greater than Evolution Petroleum Corporation (136.02M), less than Gran Tierra Energy Inc. (763.02M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 112.24M | $183.82M | |
| 132.44M | $170.52M | |
| 28.13M | $74.23M | |
| 663.09M | $196.74M | |
| 270.16M | $283.62M | |
| 221.41M | $174.59M | |
| 408.27M | $357.95M | |
| 166.34M | $143.90M | |
| 136.02M | $138.27M | |
| 763.02M | $260.60M |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is Ring Energy, Inc.'s Enterprise Value?
What is the highest Enterprise Value for Ring Energy, Inc. (REI)?
What is the 3-year average Enterprise Value for Ring Energy, Inc. (REI)?
What is the 5-year average Enterprise Value for Ring Energy, Inc. (REI)?
How does the current Enterprise Value for Ring Energy, Inc. (REI) compare to its historical average?