Ring Energy (REI) Projected to Post Quarterly Earnings on Wednesday

Ring Energy (NYSEAMERICAN:REI) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $79.25 million for the quarter.

Ring Energy Stock Up 3.0%

Shares of REI opened at $0.75 on Tuesday. The stock has a market capitalization of $154.89 million, a PE ratio of 2.08 and a beta of 0.80. Ring Energy has a 1 year low of $0.72 and a 1 year high of $1.94. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.44 and a current ratio of 0.47. The company’s 50-day simple moving average is $0.79 and its 200-day simple moving average is $1.03.

Ring Energy Announces Dividend

The company also recently announced a jun 25 dividend, which was paid on Tuesday, July 8th. Investors of record on Monday, June 30th were issued a $0.0965 dividend.

Insider Activity at Ring Energy

In other Ring Energy news, major shareholder Warburg Pincus (E&P) Xii Llc sold 2,486,027 shares of Ring Energy stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $0.92, for a total transaction of $2,287,144.84. Following the completion of the transaction, the insider owned 20,509,300 shares in the company, valued at approximately $18,868,556. The trade was a 10.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 8,436,343 shares of company stock worth $7,183,625. 3.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ring Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its position in shares of Ring Energy by 28.6% during the first quarter. AQR Capital Management LLC now owns 3,350,472 shares of the company’s stock worth $3,853,000 after buying an additional 744,284 shares in the last quarter. Empowered Funds LLC grew its position in shares of Ring Energy by 8.6% during the first quarter. Empowered Funds LLC now owns 783,428 shares of the company’s stock worth $901,000 after buying an additional 62,317 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Ring Energy during the first quarter worth approximately $42,000. Institutional investors and hedge funds own 77.14% of the company’s stock.

Analyst Ratings Changes

Separately, Alliance Global Partners began coverage on shares of Ring Energy in a research note on Friday, July 11th. They issued a “buy” rating and a $2.50 price target on the stock.

About Ring Energy

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 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico.