Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The company is headquartered in The Woodlands, Texas and currently employs 115 full-time employees. The company went IPO on 2007-03-28. The firm is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform (CBP), in the Permian Basin in Texas. Its Lime Rock’s CBP operations are located in the Permian Basin and are focused on the development of approximately 17,700 net acres. The firm's leasehold acreage positions total approximately 97,599 gross (80,919 net) acres, and it holds interests in approximately 935 gross (763 net) producing wells. All of its properties are located in the Permian Basin and its proved reserves are oil-weighted, with approximately 60% consisting of oil, 19% consisting of natural gas, and 21% consisting of natural gas liquids. Of those reserves, approximately 69% of the reserves are classified as proved developed and 31% are classified as proved undeveloped.
Follow-Up Questions
¿Cuál es el ratio P/E de Ring Energy Inc (REI)?
El ratio P/E de Ring Energy Inc es 3.2449
¿Quién es el CEO de Ring Energy Inc?
Mr. Paul Mckinney es el Chairman of the Board de Ring Energy Inc, se unió a la empresa desde 2020.
¿Qué tal es el rendimiento del precio de la acción REI?
El precio actual de REI es de $0.9599, ha increased un 0.52% en el último día de negociación.
¿Cuáles son los temas de negocio principales o las industrias de Ring Energy Inc?
Ring Energy Inc pertenece a la industria Energy y el sector es Energy
¿Cuál es la capitalización bursátil de Ring Energy Inc?
La capitalización bursátil actual de Ring Energy Inc es $198.2M
¿Es Ring Energy Inc una compra, una venta o una posición de mantener?
Según los analistas de Wall Street, 2 analistas han realizado calificaciones de análisis para Ring Energy Inc, incluyendo 1 fuerte compra, 3 compra, 1 mantener, 0 venta, y 1 fuerte venta