Exchange: NYSEMkt·Updated 07:58 PM EDT
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REI Ring Energy Inc

$1.38
$0.08
(5.48%)
Today
Closed $1.38
$0.01
(0.72%)
After Hours
EarningsNov 4
Mkt Cap$380.39M
Vol4.69M

About REI

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 are 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 The Woodlands, TX.
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Bearish Sentiment

How do you feel about REI?

RansomCanyon
$REI i fully exited my position between yesterday & this AM locking in my profits because I believe the higher interest rates are what’s holding her back from $2 + many stocks I own and love ❤️ have become on sale to add to at cheaper levels. I used some cash on adding to $POET yesterday and sitting on the rest in cash awaiting the markets movement after 2pm today… GL to all😉
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Winning81
$REI and $BATL strait of Hormuz is still closed. Bullish for oil stocks. Headed to $2 and then onward to $5😀
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TRYII
$REI the market continues to ignore every single day is above $75 or so, REI is just printing money and in the absolute sweet spot to pay down debt at a rapid rate. NPV of oil reserves is YUGE. Sitting here sub $1.50 this long should be inviting buy out offers 2-4x current stock price. Very surprised this hasn't happened yet.
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Carico13
$REI Some numbers worth looking at before calling this “dead”: 📊 Q2 revenue: $104.7M, up 42% QoQ and 27% YoY 💰 Adjusted net income: $24.0M, up 224% QoQ and 118% YoY 📈 Adjusted EBITDA: $54.5M, up 42% QoQ 🛢️ Production: 19,990 BOE/day, up 3% QoQ 💵 Q2 operating cash flow: $40.8M 🏦 Debt reduced by $66M in ONE quarter 💧 Liquidity increased 41% to ~$226M 📉 Debt/LQA EBITDAX improved to approximately 1.7x 🔥 Management says REI has generated 6+ consecutive years of positive adjusted free cash flow And they’re expanding development in H2 2026 while already providing visibility into 2027.
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PoorReReDuke
$REI where’s our resident poor, ?! Wrong again, pxussy! Must be miserable ALWAYS being wrong. Duke - you haven’t been right in over 5+ years… move on and spend your last $100 elsewhere. told you, I’m haunting you forever 😈 tagging $RIG & $BORR as well since Duke clearly mis-traded there as well lol.
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TRYII
$REI Even a $2 price target is laughable considering NPV of reserves is much, much higher than previously reported. Minimum double from here, conservatively.
7
Phantom_Eagle
$REI anyone have FOMO on a buyout here? Their debt is coming down to more reasonable levels and that makes them more attractive for a potential buyout. I know many are here flipping for 5 and 10 cent gains but who is holding for greener pastures?! I get that the recent dilution annoyed a lot of people but if they didn't do that, they would still be locked into $60 a barrel hedges. Those are now resetting much higher and a lot fewer will be required. We can argue the merits of that dilution move but it was a move that was done for the future prosperity of the company, not for short term penny stock gains for "shareholders". Eventually, if they continue reporting double digit EPS, this should reset much higher IMO....but how many consecutive reports will it take before investors are saying....now THAT is NOT the Ring Energy I once knew! I remain....optimistic and HOLDING my shares.
7
Winning81
$REI and $BATL +$80 oil guaranteed at least until midterms. Hold strong bulls. After midterms things could really heat up 😀
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ItsCarRamRod
$REI cannot even hold over $1.50 with oil over $100, oil would need to just to $200 just to boost this over $2. When oil comes back down to $50 a barrel REI will return to $1 a share.
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TRYII
$REI Absolutely shocked and not shocked at all this is only up a penny. Makes zero sense and supremely disappointing. Printing money here. When will the equity price catch up?
6
Iheartlng
$REI you forgot to mention that almost everything listed was done via massive shareholder dilution.
6
Iheartlng
$REI what gives? McKinney getting ready to print another 60m shares? Worst management ever.
6
Phantom_Eagle
$REI I guess I will take over for Winning and blast a crapload of posts in here daily for REI! haha....I remain BULLISH....now hit that sentiment button!
6
philwrw
$REI Was going to wait to 1.50 was broke and held, but with recent developments with IRAN, I bought some more this morning. Now REI makes up my biggest holding in my portfolio.
6
Entrepredoer
$REI How is it not up more? How long at $70+ per barrel let alone $100 until it moves with some oomf.
5
RansomCanyon
$REI double the average volume with massive positive accumulation, it’s only a matter of time before she has a 20% pop 💥
5
TurkTrading
$REI “The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Ring Energy is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for REI's full-year earnings has moved 410% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to Ring Energy and Siemens Energy.” 2 more legitimate value oppurtunities: ARRY RUN $PLUG $PCG $ATAI
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BennyBjammin
$REI I normally do not like trading commodities. However, in light of the recent activities in the middle east and talks of about possible rate hikes, this information makes me believe Oil is quickly going to become the stabilizer that will hedge against continued inflation. I couldn't help but make a small entry today. The Daily EMA 9, 20, 50 & 200 are all under $1.453. It has broken above the Weekly Top Trendline that goes all the way back to August of 2023. Daily Gap is still not filled from $1.53 --> $1.58. Break and Base the Weekly EMA 200 @ 1.694 and this can run hard. REI's chart is running in confluence with the CLmain (WTI Futures) chart which makes sense. The next 2 key levels for crude oil in the Texas area is $95 and $108. Weekly Charts of both REI and CLmain:
5
RansomCanyon
$REI keep adding, once she clears $1.50 it will be a quick rise to $2 with a possible buyout at $3’s😉
5
bullhorns12
$REI ransom really did alot of squawking to leave is so soon. Off to a new canyon i guess. Hang in there boys, we got room to run!
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