REI
Price:
$1.46
Market Cap:
$289.33M
Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. primarily sells its oil and natural gas production to end ...[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 700.50M. This represents a change of -9.52% compared to the average of 774.23M of the last 4 quarters.
The mean historical Enterprise Value of Ring Energy, Inc. over the last ten years is 479.36M. The current 700.50M Enterprise Value has changed 14.51% 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 March 2016 quarter at 200.58M.
Average
479.36M
Median
474.32M
Minimum
240.12M
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 = 240.12M
Year | Enterprise Value | Change |
---|---|---|
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% |
2015 | 240.12M | -4.39% |
2014 | 251.15M | 70.33% |
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
646.19M
5-year avg
566.57M
10-year avg
479.36M
Ring Energy, Inc.’s Enterprise Value is less than SilverBow Resources, Inc. (2.04B), less than Vital Energy, Inc. (2.75B), less than Permian Resources Corporation (14.98B), less than Magnolia Oil & Gas Corporation (4.96B), less than SM Energy Company (5.66B), less than Matador Resources Company (8.68B), less than Obsidian Energy Ltd. (1.02B), greater than PetroTal Corp. (366.14M), greater than VAALCO Energy, Inc. (580.78M), less than Callon Petroleum Company (4.29B), less than Diamondback Energy, Inc. (65.54B), less than Antero Resources Corporation (12.54B), less than Earthstone Energy, Inc. (4.69B), greater than Houston American Energy Corp. (11.13M), greater than Permianville Royalty Trust (49.96M), greater than Gran Tierra Energy Inc. (199.42M), greater than PHX Minerals Inc. (161.63M),
Company | Enterprise Value | Market cap |
---|---|---|
2.04B | $940.37M | |
2.75B | $1.01B | |
14.98B | $11.02B | |
4.96B | $4.84B | |
5.66B | $4.68B | |
8.68B | $6.59B | |
1.02B | $456.03M | |
366.14M | $429.37M | |
580.78M | $557.10M | |
4.29B | $2.38B | |
65.54B | $52.98B | |
12.54B | $8.27B | |
4.69B | $2.98B | |
11.13M | $14.40M | |
49.96M | $51.48M | |
199.42M | $198.95M | |
161.63M | $128.99M |
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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?