Ring Energy Inc (REI)
AMEXEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-04
$1.12-6.67%
Close 2026-11-05 · 1-day change
AMEXEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-04
QuarterlyIQ Insights · REI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -55.3% |
| Our one-year growth estimate | diamond | 15.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to long-term interest rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 70.9 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 16 industry peers
REI — officer change
Dated 2026-11-03
Director — Richard Harris: The filing discloses the retirement of a director, which is a routine board change and not the departure of a senior executive officer.
Why it matters: These wells test Ring’s shift to longer laterals. Strong output would support its plan to grow with lower costs.
Supportive ifIn the Q3 report, Ring says all three wells are online and reports output at or above its well plan.
Worry ifThe wells are delayed, miss the well plan, or need more capital than planned.
Why it matters: Ring’s 2027 plan calls for about 10% production growth. Q3 output will show if the ramp is starting.
Supportive ifQ3 oil sales are within or above the guided range of 12,750–13,750 barrels per day.
Worry ifQ3 oil sales fall below 12,750 barrels per day.
Why it matters: Ring says it plans to fund most drilling with cash from operations while cutting debt. Progress would show the growth plan is not blocking debt paydown.
Supportive ifA company report shows its leverage ratio moving toward 1.25x as debt falls from $360 million.
Worry ifDebt rises above $360 million, or Ring says it cannot resume debt reduction during 2026.
Why it matters: Ring has cut lease costs and set a second-half target. A rise above that range would weaken its cost-control record.
Worry ifQ3 lease operating expense is above $10.60 per Boe.
Less concerning ifQ3 lease operating expense is $10.60 per Boe or lower.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$177 on $10,000 · ±1.8% | How much price usually moves either way. |
| Bad day | $555 loss on $10,000 · 5.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,747 loss on $10,000 · 47.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: The report can show whether the stronger Q2 cash flow lasts as spending rises. Ring’s Q2 adjusted free cash flow was $4.4 million.
Watch forRing reports positive adjusted free cash flow for Q3 while keeping oil output within its guided range.
Also watch forRing reports negative adjusted free cash flow or oil output below its guided range.