Ring Energy (NYSEAMERICAN:REI) CEO Buys $59,500.00 in Stock

Posted by George Bondi on Jun 19th, 2026

Ring Energy, Inc. (NYSEAMERICAN:REI – Get Free Report) CEO Paul Mckinney acquired 50,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average cost of $1.19 per share, with a total value of $59,500.00. Following the acquisition, the chief executive officer owned 4,158,463 shares in the company, valued at $4,948,570.97. The trade was a 1.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ring Energy Trading Down 0.9%

Shares of Ring Energy stock opened at $1.14 on Friday. The stock has a market capitalization of $238.73 million, a P/E ratio of -0.90 and a beta of 0.80. Ring Energy, Inc. has a 52-week low of $0.72 and a 52-week high of $2.00. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.36 and a current ratio of 0.40. The stock’s 50-day simple moving average is $1.41 and its 200 day simple moving average is $1.26.

Ring Energy (NYSEAMERICAN:REI – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Ring Energy had a negative net margin of 87.63% and a positive return on equity of 5.10%. The firm had revenue of $73.67 million during the quarter, compared to analyst estimates of $69.90 million. As a group, research analysts anticipate that Ring Energy, Inc. will post 0.25 EPS for the current year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Ring Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy” and a consensus target price of $2.50.

Get Our Latest Stock Analysis on Ring Energy

Institutional Investors Weigh In On Ring Energy

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Yale University bought a new position in shares of Ring Energy in the third quarter valued at approximately $13,807,000. Centiva Capital LP purchased a new stake in Ring Energy in the 3rd quarter worth approximately $26,000. Sigma Planning Corp purchased a new stake in Ring Energy in the 1st quarter worth approximately $39,000. Wealthcare Advisory Partners LLC bought a new position in Ring Energy in the 3rd quarter valued at $31,000. Finally, Royal Fund Management LLC bought a new position in Ring Energy in the 4th quarter valued at $26,000. 77.14% of the stock is currently owned by institutional investors.

Ring Energy Company Profile

(Get Free Report)

Ring Energy, Inc is an independent oil and natural gas exploration and production company focused on the development, acquisition and operation of upstream assets in the United States. Headquartered in Odessa, Texas, the company concentrates its activities on onshore hydrocarbon plays, where it seeks to optimize production through technical innovation, cost management and disciplined capital allocation. Ring Energy trades on the NYSE American under the ticker symbol REI.

The company’s core operations are centered in the Permian Basin, one of North America’s most prolific oil-producing regions.