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Ring Energy, Inc.
Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,620 net developed acres and 4,029 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,722 net developed acres and 11,548 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in The Woodlands, Texas.
Market Cap
$204.1M
Volume
2.6M
Cash and Equivalents
$286.9K
EBITDA
$194.7M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$231.8M
Profit Margin
75.05%
52 Week High
$1.62
52 Week Low
$0.72
Dividend
N/A
Price / Book Value
0.24
Price / Earnings
-12.17
Price / Tangible Book Value
0.24
Enterprise Value
$635.7M
Enterprise Value / EBITDA
3.18
Operating Income
$95.3M
Return on Equity
1.91%
Return on Assets
4.20
Cash and Short Term Investments
$286.9K
Debt
$431.9M
Equity
$847.7M
Revenue
$308.8M
Unlevered FCF
-$15.7M
Sector
Oil, Gas and Consumable Fuels
Category
N/A
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