REI Stock Summary and Trading Ideas (Ring Energy | AMEX:REI)

Ring Energy Inc is an independent oil and natural gas exploration and production company based in the United States. It is engaged in oil and natural gas development, production, acquisition, and exploration activities, currently focused on the Permian Basin of Texas. The company's drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas.

Ring Energy trades on the AMEX stock market under the symbol REI.

As of April 10, 2026, REI stock price declined to $1.35 with 4,937,148 million shares trading.

REI has a beta of 0.62, meaning it tends to be less sensitive to market movements. REI has a correlation of 0.02 to the broad based SPY ETF.

REI has a market cap of $282.68 million. This is considered a Small Cap stock.

Last quarter Ring Energy reported $67 million in Revenue and $.02 earnings per share. This fell short of revenue expectation by $-9 million and missed earnings estimates by -$.01.

In the last 3 years, REI traded as high as $2.43 and as low as $.72.

The top ETF exchange traded funds that REI belongs to (by Net Assets): VTI, VDE, VXF, BSVO, ITOT.

REI has outperformed the market in the last year with a return of +61.4%, while the SPY ETF gained +30.9%. In the last 3 month period, REI beat the market returning +46.0%, while SPY returned -1.8%. However, in the most recent 2 weeks REI has underperformed the stock market by returning -14.6%, while SPY returned +7.2%.

REI support price is $1.30 and resistance is $1.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that REI shares will trade within this expected range on the day.