Ring Energy, Inc. (REI)

Crude Petroleum & Natural Gas

Latest Price

$1.43

TTM P/E

Normalized P/E

5.86

TTM Div Yield

Fwd Div Yield

Book Value

3.60

P/B Ratio

0.40

Valuation metrics

Norm. op. income: $96M (median of 7yr)

Tax rate: 6%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$4.35

+204% upside

Base FCF: $192M (median of recent 5yr)

Growth: -1%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$10.32

+621% upside

44.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Peak6 LLC	17.08M	$18.0M	6.56%	+15.93M	2026-06-30
BlackRock, Inc.	12.09M	$13.0M	4.64%	+10.40M	2026-06-30
Adage Capital Partners GP, L.L.C.	10.65M	$11.0M	4.09%	--	2026-06-30
Vanguard Capital Management LLC	8.88M	$9.0M	3.41%	+1.37M	2026-06-30
Two Sigma Investments, LP	8.05M	$8.0M	3.09%	--	2026-06-30
Vanguard Portfolio Management LLC	4.62M	$4.0M	1.77%	+1.12M	2026-06-30
Geode Capital Management, LLC	4.58M	$4.0M	1.76%	+2.58M	2026-06-30
Renaissance Technologies LLC	4.12M	$4.0M	1.58%	+2.50M	2026-06-30
CDC Financial, Inc.	3.54M	$3.0M	1.36%	+80.0K	2026-06-30
UBS Group AG	3.10M	$3.0M	1.19%	-200.0K	2026-06-30