Exchange: NYSEMkt·Updated 07:30 PM EDT
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REI Ring Energy Inc

$1.32
$0.04
(2.96%)
Today
Closed $1.31
$0.0097
(0.74%)
After Hours
EarningsNov 4
Mkt Cap$351.73M
Vol2.79M

About REI

Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The firm's areas of operation are situated in the Permian Basin, the Central Basin Platform, and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is headquartered in The Woodlands, TX.
33

Bearish Sentiment

How do you feel about REI?

RansomCanyon
$REI i fully exited my position between yesterday & this AM locking in my profits because I believe the higher interest rates are what’s holding her back from $2 + many stocks I own and love ❤️ have become on sale to add to at cheaper levels. I used some cash on adding to $POET yesterday and sitting on the rest in cash awaiting the markets movement after 2pm today… GL to all😉
3
15
TRYII
$REI This should be a case study for the ages. Was told my entire life one day of Strait shut down and oil goes to $120, a week $150, and multiple weeks oil was a lock at $200. This was the story for decades, yet here we are. Furthermore, how REI can sit at $1.30 in this environment and revenue intake is equally miraculous. I've been wrong here for a decade and continue to be wrong. But, I don't think I'm wrong, so I sit and suffer.
7
ItsCarRamRod
$REI cannot even hold over $1.50 with oil over $100, oil would need to just to $200 just to boost this over $2. When oil comes back down to $50 a barrel REI will return to $1 a share.
1
3
TRYII
$REI Absolutely shocked and not shocked at all this is only up a penny. Makes zero sense and supremely disappointing. Printing money here. When will the equity price catch up?
6
bullhorns12
$REI do you ever wake up and look at your portfolio and see you own rei and then say to yourself "I really am gay" 😆 asking for a friend ...
4
Entrepredoer
$REI How is it not up more? How long at $70+ per barrel let alone $100 until it moves with some oomf.
5
RansomCanyon
$REI double the average volume with massive positive accumulation, it’s only a matter of time before she has a 20% pop 💥
5
bullhorns12
$REI ransom really did alot of squawking to leave is so soon. Off to a new canyon i guess. Hang in there boys, we got room to run!
4
BowGrid
$REI Homie said 100k, lol. At the time you posted, and even an hour after, the total volume wasn't even near 40,000 shares. You probably had around 1,000 shares, tops. folks here are mental. Even Winning went 180 after a short period. May need to do an IP tracker again to be sure they’re not Duke.
4
philwrw
$REI Think the time is coming when REI becomes parabolic and we see massive price gains. To many forces coming together and stock is cheap. Even with the leadership not being top tier, this is one of those times a caveman can make bags of cash running a company!!
4
RansomCanyon
$REI extremely oversold that these levels should bounce back to $1.39 where the resistance is at😉 if you’re looking to add or start a position do it here
3
Iheartlng
$REI McKinney probably forgot to mention that he also plans to increase the shares outstanding by at least another 30%. The share holder friendly companies are increasing dividends and buybacks with the higher oil prices, McKinney as expected only cares about increasing Capex and production and thus increasing his bonus.
3
Winning81
$REI CEO McKinney is now going to lose his shareholder piggy bank/slush fund as shareholders begin to sell their shares ahead of another dilutive offering or acquisition and will now have to perform and show real results himself and not on the back of faithful shareholders. Go ahead and pay down the debt yourself McKinney, but no longer with our hard earned shareholder money😀
1
outdoorslivin_10
$REI with the right leadership this company would be a gold mine! McKinney is the worst.
3
Carico13
$REI perking up a little this morning, maybe yesterday the market makers was letting their friends accumulate before take off
3
Dutchholdem
$REI missed out on some gains, but transferred most to PBR so I am not crying. Q3 is finished. Headline calculations: 10 cent EPS, around 1.8 leverage are my expectations. Big downside: leverage is mostly down due to higher inventory (oil) level.
2
Quos
$REI and there goes our resident poor again, Duke of Dogshxit. Orange man doing exactly what we voted for. My streets are no longer infiltrated with illegals and stopped the border hoppers, SNAP benefits gone from you jobless brokie losers ( I know you’re feeling it, get a fuxking job), bombed Iran (he needs to nuke those goat fuxkers soon), Disclosure of UAPs, continued tax cuts (remember they were expiring), pressuring NATO and not rolling over showing belly, actually arresting criminals, leading AI (SI), I could go on. But sit there and whine like a bleeding cxunt. Yeah, I may be still tilted about the Epstein list and not taking down the rest of the billionaires but I knew that was a stretch. You really need to seek help. Maybe we could all 302/5150/section 12/chapter 51 or baker act you since I have your IP address.
2
bullhorns12
$REI once they shake out the week hands they will pump this to oblivion for no good reason. Everyone is happy to break even now. Then they sell and it jumps 25%. Got to remember, blackrock, fidelity, statestreet run all these stocks.
2
Winning81
$REI Ceo McKinney is full of bullsh!t he doesn’t care about shareholders and will continue to use shareholders as his personal piggy bank to do more offerings to dilute shareholders to so call “payoff debt” and fund their own compensation packages.
2
Dutchholdem
$REI Ring energy doubled down on their 105 top collar swaps. Took some cash and made it 80 for Q4. 5d-chess. On the bright side, high oil prices are they only way short term that Ring can get their leverage down. So I am in between bull/bear.
2

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