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REI Stock Analysis 2026 - RING ENERGY, INC. AI Rating

REI NYSE Crude Petroleum & Natural Gas NV CIK: 0001384195
Recently Updated • Analysis: Apr 8, 2026 • SEC Data: 2025-12-31
SELL
78% Conf
Pending
Analysis scheduled

📊 REI Key Takeaways

Revenue: $307.2M
Net Margin: -11.3%
Free Cash Flow: $150.3M
Current Ratio: 0.61x
Debt/Equity: 0.00x
EPS: $-0.17
AI Rating: SELL with 78% confidence

Is REI a Good Investment? Thesis Analysis

Claude

Ring Energy exhibits deteriorating operational performance with revenue down 16.1% YoY and sustained operating losses (-11.2% margin), creating a concerning profitability trend. The company faces acute liquidity stress with a current ratio of 0.61x and minimal cash reserves ($902.9K), posing near-term operational risk despite positive free cash flow generation.

Why Buy REI? Key Strengths

Claude
  • + Strong operating cash flow of $150.8M with 48.9% FCF margin demonstrates underlying business cash generation capability
  • + Zero long-term debt and 0.00x debt-to-equity ratio eliminates financial leverage risk
  • + Positive free cash flow of $150.3M indicates the core energy extraction operations remain viable despite GAAP losses

REI Investment Risks to Consider

Claude
  • ! Critical liquidity position with current ratio of 0.61x and only $902.9K cash reserves relative to $1.4B asset base creates operational vulnerability
  • ! Revenue contraction of 16.1% YoY coupled with negative net margin of -11.3% signals deteriorating business fundamentals
  • ! Significant gap between GAAP losses and operating cash flow suggests reliance on non-cash charges; working capital management and refinancing risk warrant scrutiny

Key Metrics to Watch

Claude
  • * Quarterly revenue trends and correlation to crude oil/natural gas commodity prices
  • * Current ratio and absolute cash position for indication of liquidity recovery or distress
  • * Operating cash flow sustainability and capital expenditure requirements to assess self-funding capability

REI Financial Metrics

Revenue
$307.2M
Net Income
$-34.7M
EPS (Diluted)
$-0.17
Free Cash Flow
$150.3M
Total Assets
$1.4B
Cash Position
$902.9K

💡 AI Analyst Insight

The 48.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

REI Profitability Ratios

Gross Margin N/A
Operating Margin -11.2%
Net Margin -11.3%
ROE -4.2%
ROA -2.5%
FCF Margin 48.9%

REI vs Energy Sector

How RING ENERGY, INC. compares to Energy sector averages

Net Margin
REI -11.3%
vs
Sector Avg 12.0%
REI Sector
ROE
REI -4.2%
vs
Sector Avg 14.0%
REI Sector
Current Ratio
REI 0.6x
vs
Sector Avg 1.3x
REI Sector
Debt/Equity
REI 0.0x
vs
Sector Avg 0.6x
REI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is REI Overvalued or Undervalued?

Based on fundamental analysis, RING ENERGY, INC. has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
-4.2%
Sector avg: 14%
Net Profit Margin
-11.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

REI Balance Sheet & Liquidity

Current Ratio
0.61x
Quick Ratio
0.56x
Debt/Equity
0.00x
Debt/Assets
40.8%
Interest Coverage
-2.99x
Long-term Debt
$0.0

REI 5-Year Financial Trend & Growth Analysis

REI 5-year financial data: Year 2022: Revenue $347.2M, Net Income -$253.4M, EPS $-3.48. Year 2023: Revenue $361.1M, Net Income $3.3M, EPS $0.03. Year 2024: Revenue $366.3M, Net Income $138.6M, EPS $0.98. Year 2025: Revenue $366.3M, Net Income $104.9M, EPS $0.54.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: RING ENERGY, INC.'s revenue has shown modest growth of 5% over the 5-year period. The most recent EPS of $0.54 reflects profitable operations.

REI Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
48.9%
Free cash flow / Revenue

REI Quarterly Performance

Quarterly financial performance data for RING ENERGY, INC. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $78.6M $5.5M $-0.11
Q2 2025 $82.6M $5.5M $0.10
Q1 2025 $79.1M $5.5M $0.03
Q3 2024 $89.2M $5.5M $-0.04
Q2 2024 $79.3M $5.5M $0.11
Q1 2024 $88.1M $5.5M $0.03
Q3 2023 $93.7M $7.1M $-0.04
Q2 2023 $79.3M $7.1M $0.15

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

REI Capital Allocation

Operating Cash Flow
$150.8M
Cash generated from operations
Capital Expenditures
$599.4K
Investment in assets
Dividends
None
No dividend program

REI SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for RING ENERGY, INC. (CIK: 0001384195)

📋 Recent SEC Filings

Date Form Document Action
Mar 6, 2026 4 xslF345X05/wk-form4_1772836405.xml View →
Mar 6, 2026 8-K rei-20260305.htm View →
Mar 5, 2026 8-K rei-20260304.htm View →
Mar 4, 2026 10-K rei-20251231.htm View →
Mar 3, 2026 8-K rei-20260301.htm View →

Frequently Asked Questions about REI

What is the AI rating for REI?

RING ENERGY, INC. (REI) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are REI's key strengths?

Claude: Strong operating cash flow of $150.8M with 48.9% FCF margin demonstrates underlying business cash generation capability. Zero long-term debt and 0.00x debt-to-equity ratio eliminates financial leverage risk.

What are the risks of investing in REI?

Claude: Critical liquidity position with current ratio of 0.61x and only $902.9K cash reserves relative to $1.4B asset base creates operational vulnerability. Revenue contraction of 16.1% YoY coupled with negative net margin of -11.3% signals deteriorating business fundamentals.

What is REI's revenue and growth?

RING ENERGY, INC. reported revenue of $307.2M.

Does REI pay dividends?

RING ENERGY, INC. does not currently pay dividends.

Where can I find REI SEC filings?

Official SEC filings for RING ENERGY, INC. (CIK: 0001384195) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is REI's EPS?

RING ENERGY, INC. has a diluted EPS of $-0.17.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is REI a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, RING ENERGY, INC. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is REI stock overvalued or undervalued?

Valuation metrics for REI: ROE of -4.2% (sector avg: 14%), net margin of -11.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy REI stock in 2026?

Our dual AI analysis gives RING ENERGY, INC. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is REI's free cash flow?

RING ENERGY, INC.'s operating cash flow is $150.8M, with capital expenditures of $599.4K. FCF margin is 48.9%.

How does REI compare to other Energy stocks?

Vs Energy sector averages: Net margin -11.3% (avg: 12%), ROE -4.2% (avg: 14%), current ratio 0.61 (avg: 1.3).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 8, 2026 | Data as of: 2025-12-31 | Powered by Claude AI