Feed / REI

Ring Energy, Inc.

REI

Energy · 1.32 +0.0% today

Participation confirmed · construction unavailableMarket checked 1 Oct, 15:55 GMT-4

Market read

Ring Energy, Inc.'s move is being confirmed by its market group.

No new filing conclusion is available. 14 of 16 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company+0.0% todayVolume comparison unavailable
Market group14 of 16 activeIndependent Oil Producers · active
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 11 of 16 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as REI begins moving with the group.

Invalidation: The live read weakens if participation falls to 5 of 16 members or fewer.

Watch this read

Research brief

The story so far

Energy · Oil & Gas E&P

No new filing conclusion is available. 14 of 16 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 11 of 16 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as REI begins moving with the group.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations334
Usable filing statements106
Verified relationships1
Evidence supporting the case
  • Energy and commodity prices has repeated favorable evidence across 4 filings.
  • Product pipeline and R&D has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Latest annual revenue changed -16.1% year over year.
  • Operating margin changed -47.5 percentage points in the latest annual period.
  • Net margin changed -29.7 percentage points in the latest annual period.
  • Diluted shares increased 2.4% in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 62% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 1, 2026

1.32
6m-12.3%12m+25.2%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$196.3M+73.7%$0.03—
2022-12-31$347.2M+76.9%$0.98+17.0%
2023-12-31$361.1M+4.0%$0.54+37.8%
2024-12-31$366.3M+1.5%$0.34+2.5%
2025-12-31$307.2M-16.1%$-0.17+2.4%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
“Interest expense decreased by approximately $0.9 million from $9.5 million to $8.6 million, primarily due to a decrease in the amortization of deferred financing costs as a result of the amendment and restatement of the credit agreement in the second quarter…”
10-Q · May 6, 2026 ↗
Energy and commodity pricesmixed · 4 filings
“In the Permian Basin, natural gas prices remained under severe pressure due to regional takeaway constraints and elevated processing and transportation costs, while crude oil prices were influenced by broader global events late in the quarter.”
10-Q · May 6, 2026 ↗
Restructuring and cost reductionsnegative · 4 filings
“Interest income decreased $19,529 from $90,058 to $70,529, as a result of $41,747 in lower earnings on excess cash balances in bank sweep accounts, offset by an increase of $22,218 in severance tax interest receipts .”
10-Q · May 6, 2026 ↗
Supply chain and availabilitynegative · 4 filings
“Any gains or losses resulting from changes in fair value of outstanding derivative financial instruments and from the settlement of derivative financial instruments are recognized in earnings and included as a component of Other Income (Expense) in the accomp…”
10-Q · May 6, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.9× · EV/sales 0.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

1.32+0.0% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for REI. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for REI. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind REI

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

TFCTruist Financial CorporationpartnerMar 4, 2026 ▾

“A.”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

REI is currently a Participant in the organic co-movement group Independent Oil Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.