Ratings Ring Energy, Inc.

Equities

REI

US76680V1089

Market Closed - Nyse Other stock markets 16:00:00 2024-06-26 EDT			5-day change	1st Jan Change
1.6 ^USD	+2.56%		+2.56%	+9.59%

06-24	Ring Energy, Inc. Announces Resignation of Executives	CI
05-08	Ring Energy, Inc. Reports Sales Results for the First Quarter Ended March 31, 2024	CI

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.
The company's Refinitiv ESG score, based on a relative ranking of the company within its sector, comes out particularly poor.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's activity appears highly profitable thanks to its outperforming net margins.
Its low valuation, with P/E ratio at 4.32 and 3.31 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

The company's earnings growth outlook lacks momentum and is a weakness.
The group shows a rather high level of debt in proportion to its EBITDA.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
RING ENERGY, INC.	+9.59%	309M	C-
CHEVRON CORPORATION	+4.55%	292B	A-
CNOOC LIMITED	+72.31%	143B	B+
CONOCOPHILLIPS	-2.12%	134B	C
CANADIAN NATURAL RESOURCES LIMITED	+11.39%	75.78B	B
EOG RESOURCES, INC.	+3.00%	72.15B	B-
OCCIDENTAL PETROLEUM CORPORATION	+5.29%	55.95B	C+
HESS CORPORATION	+2.08%	46.04B	A-
DIAMONDBACK ENERGY, INC.	+27.01%	35.29B	C+
WOODSIDE ENERGY GROUP LTD	-9.58%	35.24B	A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

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EV / Sales

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1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

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Technical analysis

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Unusual volumes