Highlights
AMEX: REI       Ring Energy Inc
Last Price Today's Change   Day's Range   Trading Volume
0.714   -0.016 (2.19%)  0.709 - 0.76  562,600

Overview

 
Avg Volume (4 weeks):1,190,855
4 Weeks Range:0.66 - 0.95
4 Weeks Price Volatility (%):
18.62%
52 Weeks Range:0.518 - 3.31
52 Weeks Price Volatility (%):
7.02%
Average Price Target:-

Headlines



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Business Background

Ring Energy Inc is an oil and gas exploration and production company based in Midland, Texas. Its activities include the acquisition, exploration, development, and production of oil and natural gas fields. These operations are focused in the Permian, Central, and Delaware Basins in Texas and Kansas, but a vast majority of production comes from Texas. The company's production is mostly done through the vertical drilling of wells, and company-owned reserves consist of a high percentage of oil. Ring Energy sells its crude oil to independent refiners and marketers who transport the oil themselves, or to midstream companies who transport the oil for downstream customers.

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