Ring Energy Inc (REI)
AMEXEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-05
$1.12-6.67%
Close 2026-11-05 · 1-day change
AMEXEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-05
QuarterlyIQ Insights · REI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Looking ahead and supported by improving commodity prices, greater exposure to those prices through an improved hedge position and encouraging early drilling results, we are increasing our capital in…
Stated in 2 of 2 supplied quarters. Management reported: “Looking ahead and supported by improving commodity prices, greater exposure to those prices through an improved hedge position and encouraging early drilling results, we are increasing our capital investment program for the remainder of 2026 that will allow for our transition to a more capital efficient development program of longer lateral wells and co-horizontal-development of our stacked-pay drilling opportunities.” “The three 2-mile horizontal wells represent the first laterals of this length drilled by the Company in an area that 3 has been historically developed with vertical wells.”
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated weak grew net income 60% of the time over the next year (vs 56% for the rest of the cohort, n=1774).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Looking ahead and supported by improving commodity prices, greater exposure to those prices through an improved hedge position and encouraging early drilling results, we are increasing our capital in…”
“First Quarter 2026 Highlights • Sold 12,276 barrels of oil per day (“Bo/d”) and 19,351 barrels of oil equivalent per day (“Boe/d”) both of which were essentially at the mid-point of guidance; • Repor…”
Continued Operational and All-In Cash Cost 1 Improvements • Produced 12,683 barrels of oil per day and 19,990 barrels of oil equivalent (“Boe”) per day, both within guidance; • Reported lease operati…
Stated in 2 of 2 supplied quarters. Management reported: “Continued Operational and All-In Cash Cost 1 Improvements • Produced 12,683 barrels of oil per day and 19,990 barrels of oil equivalent (“Boe”) per day, both within guidance; • Reported lease operating expense of $10.12 per Boe, near the low end of guidance and below first quarter levels; and • Reduced Company all-in-cash costs by 5% in first half 2026 to $21.68 per Boe as compared to first half 2025.” “In addition, see section titled “Condensed Operating Data” for additional details concerning costs and expenses presented below.”
“Continued Operational and All-In Cash Cost 1 Improvements • Produced 12,683 barrels of oil per day and 19,990 barrels of oil equivalent (“Boe”) per day, both within guidance; • Reported lease operati…”
“First Quarter 2026 Highlights • Sold 12,276 barrels of oil per day (“Bo/d”) and 19,351 barrels of oil equivalent per day (“Boe/d”) both of which were essentially at the mid-point of guidance; • Repor…”
We expect our expanded drilling program to be funded primarily through operating cash flow going forward, with leverage continuing to trend toward our 1.25x target as this investment cycle completes.
Stated in 2 of 2 supplied quarters. Management reported: “We expect our expanded drilling program to be funded primarily through operating cash flow going forward, with leverage continuing to trend toward our 1.25x target as this investment cycle completes.” “This reflects a reduction of $66 million from the balance of $426 million at March 31, 2026 .”
“We expect our expanded drilling program to be funded primarily through operating cash flow going forward, with leverage continuing to trend toward our 1.25x target as this investment cycle completes.”
“Looking ahead, we expect to resume our focus on debt reduction during the remainder of 2026, as we balance growth with strengthening our balance sheet and increasing the Company’s size and scale.””
As a result, we expect increased production, reserves and free cash flow generation over time.
Stated in 2 of 2 supplied quarters. Management reported: “As a result, we expect increased production, reserves and free cash flow generation over time.” “Continued Operational and All-In Cash Cost 1 Improvements • Produced 12,683 barrels of oil per day and 19,990 barrels of oil equivalent (“Boe”) per day, both within guidance; • Reported lease operating expense of $10.12 per Boe, near the low end of guidance and below first quarter levels; and • Reduced Company all-in-cash costs by 5% in first half 2026 to $21.68 per Boe as compared to first half 2025.”
“As a result, we expect increased production, reserves and free cash flow generation over time.”
“First Quarter 2026 Highlights • Sold 12,276 barrels of oil per day (“Bo/d”) and 19,351 barrels of oil equivalent per day (“Boe/d”) both of which were essentially at the mid-point of guidance; • Repor…”
Accelerate transition to capital efficient development with longer lateral wells and co-horizontal development to enhance returns and capital efficiency.
Over the trailing year it converted -1.00x of net income into operating cash flow.
Most sensitive to long-term interest rates.
Not enough signal to read sensitivity to the US dollar, the broad stock market, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
15 material management or governance events in the past 24 months, led by executive changes. Historically, Energy names rated neutral grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2203).
Not investment advice. As of 2026-11-05.