James Parr - Ring Energy Executive Geosciences

REI Stock  USD 1.53  0.03  2.00%   

Executive

James Parr is Executive Geosciences of Ring Energy
Address 1725 Hughes Landing Boulevard, The Woodlands, TX, United States, 77380
Phone281 397 3699
Webhttps://www.ringenergy.com

Ring Energy Management Efficiency

The company has Return on Asset of 0.0829 % which means that on every $100 spent on assets, it made $0.0829 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1422 %, implying that it generated $0.1422 on every 100 dollars invested. Ring Energy's management efficiency ratios could be used to measure how well Ring Energy manages its routine affairs as well as how well it operates its assets and liabilities. The Ring Energy's current Return On Tangible Assets is estimated to increase to 0.08. The Ring Energy's current Return On Capital Employed is estimated to increase to 0.12. As of now, Ring Energy's Non Currrent Assets Other are decreasing as compared to previous years. The Ring Energy's current Net Tangible Assets is estimated to increase to about 798.3 M, while Other Current Assets are projected to decrease to under 7.7 M.
Ring Energy has 430.02 M in debt with debt to equity (D/E) ratio of 0.76, which is OK given its current industry classification. Ring Energy has a current ratio of 0.47, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ring to invest in growth at high rates of return.

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Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas. Ring Energy operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 53 people. Ring Energy (REI) is traded on NYSE MKT Exchange in USA. It is located in 1725 Hughes Landing Boulevard, The Woodlands, TX, United States, 77380 and employs 108 people. Ring Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Ring Energy Leadership Team

Elected by the shareholders, the Ring Energy's board of directors comprises two types of representatives: Ring Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ring. The board's role is to monitor Ring Energy's management team and ensure that shareholders' interests are well served. Ring Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ring Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stanley McCabe, Independent Director
Shawn Young, Vice Operations
Travis Thomas, CFO, VP
Anthony Petrelli, Independent Director
James Parr, Executive Geosciences
Lloyd Rochford, Independent Chairman of the Board
Paul McKinney, Chairman of the Board, Chief Executive Officer
Al Petrie, Officer Relations
Regina Roesener, Independent Director
William Broaddrick, CFO, VP, Treasurer and Corporate Secretary
Daniel Wilson, Executive Vice President, Chief Operating Officer
Alexander Dyes, Executive Vice President of Engineering and Corporate Strategy
Marinos Baghdati, Executive Vice President of Operations
David Fowler, President, Director
Hollie Lamb, Vice President of Compliance and General Manager
Kelly Hoffman, Chief Executive Officer, Director
John Crum, Independent Director
Stephen Brooks, Executive Vice President of Land, Legal, Human Resources and Marketing
Thomas Mitchell, Independent Director
Clayton Woodrum, Independent Director
Richard Harris, Independent Director
Phillip Esq, VP Counsel

Ring Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ring Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ring Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.
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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Earnings Share
0.57
Revenue Per Share
1.853
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0829
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.