Ticker name:REIRING ENERGY, INC.

Country: US-Sector: Energy, Industry: Oil & Gas Exploration & Production

Compounding in: 2024

Ring Energy, Inc. operates as an oil and natural gas exploration and production firm, concentrating its efforts on the acquisition, development, and extraction of these resources across Texas and New Mexico. By the close of 2021, specifically December 31st, the company had established proved reserves totaling roughly 77.8 million barrels of oil equivalent. Its asset portfolio includes significant acreage: 18,882 net developed acres alongside 1,406 net undeveloped acres in Texas's Andrews and Gaines counties; an additional 18,437 net developed acres situated in Culberson and Reeves counties, Texas; and a combined 13,662 net developed acres with 11,993 net undeveloped acres located across Yoakum, Runnels, and Coke Counties in Texas, as well as Lea County, New Mexico. The company's oil and natural gas output is primarily distributed to end-users, marketing firms, and other various buyers. Incorporated in 2004, Ring Energy, Inc. was initially known as Transglobal Mining Corp. until its name was officially changed in March 2008. The company's principal office is located in The Woodlands, Texas.

Market Cap 313M

Last close 1.2$

Floor clearance 43.23%

Floor clearance (Past 30d)59.94%

Price Return

90d
-6.25%
YTD
37.93%
1Y
30.62%
3Y
-23.08%
5Y
-68.59%

Key metrics

Largest 20 companies In Oil & Gas Exploration & Production

# PositionTickerCompany NameMarket CapLast PriceAction
1COPCONOCOPHILLIPS165B136.94$
2CNQCANADIAN NATURAL RESOURCES Ltd103B49.64$
3EOGEOG RESOURCES INC77B147.06$
4OXYOCCIDENTAL PETROLEUM CORP /DE/57B57.33$
5FANGDiamondback Energy, Inc.51B182.88$
6DVNDEVON ENERGY CORP/DE49B44.12$
7EQTEQT Corp33B52.52$
8EXEEXPAND ENERGY Corp20B87.31$
9TPLTexas Pacific Land Corp20B287.65$
10PRPermian Resources Corp19B22.43$
11OVVOvintiv Inc.17B62.7$
12APAAPA Corp16B44.49$
13RRCRANGE RESOURCES CORP12B52.1$
14ARANTERO RESOURCES Corp11B37.43$
15SMSM Energy Co7.4B31.06$
16CHRDChord Energy Corp7.2B132.33$
17MGYMagnolia Oil & Gas Corp6.3B23.37$
18MTDRMatador Resources Co6.2B50.37$
19MURMURPHY OIL CORP5.2B35.94$
20CNXCNX Resources Corp5.1B35.93$