Company Data
Ring Energy Inc.
Ticker
REI
Current Price
$1.44 4.35%
Market Cap
$281.7M
Price Target
Refer to Report
Volume
1.7M
52wk Range
$1.25 - $2.43
Overview
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.