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
Quel est le ratio P/E de Ring Energy Inc (REI) ?
Le ratio P/E de Ring Energy Inc est de 3.2449
Qui est le CEO de Ring Energy Inc ?
Mr. Paul Mckinney est le Chairman of the Board de Ring Energy Inc, il a rejoint l'entreprise depuis 2020.
Quelle est la performance du prix de l'action REI ?
Le prix actuel de REI est de $0.9599, il a increased de 0.52% lors de la dernière journée de trading.
Quels sont les thèmes d'affaires principaux ou les industries de Ring Energy Inc ?
Ring Energy Inc appartient à l'industrie Energy et le secteur est Energy
Quel est la capitalisation boursière de Ring Energy Inc ?
La capitalisation boursière actuelle de Ring Energy Inc est de $198.2M
Est-ce que Ring Energy Inc est un achat, une vente ou un maintien ?
Selon les analystes de Wall Street, 2 analystes ont établi des notations d'analystes pour Ring Energy Inc, y compris 1 achat fort, 3 achat, 1 maintien, 0 vente et 1 vente forte