Ring Energy Inc
AMEX:REI
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (3.7), the stock would be worth $1.23 (27% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.1 | $1.68 |
0%
|
| 3-Year Average | 3.7 | $1.23 |
-27%
|
| 5-Year Average | 4.1 | $1.34 |
-20%
|
| Industry Average | 7.9 | $2.61 |
+56%
|
| Country Average | 16.7 | $5.5 |
+227%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| US |
R
|
Ring Energy Inc
AMEX:REI
|
348.9m USD | 5.1 | -10 | |
| CN |
C
|
CNOOC Ltd
SSE:600938
|
1.1T CNY | 4.2 | 8.8 | |
| US |
|
Conocophillips
NYSE:COP
|
152.3B USD | 8.4 | 19.1 | |
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
127.9B CAD | 9.8 | 12.1 | |
| US |
|
EOG Resources Inc
NYSE:EOG
|
73B USD | 7.7 | 14.7 | |
| PK |
O
|
Oil and Gas Development Co Ltd
LSE:37OC
|
59.6B USD | 231.3 | 103.8 | |
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
56.9B USD | 8.1 | 34.4 | |
| US |
|
Hess Corp
NYSE:HES
|
46.1B USD | 8.8 | 20.7 | |
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD | 6 | 9.4 | |
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
61.1B AUD | 6.8 | 15.4 | |
| US |
V
|
Venture Global Inc
NYSE:VG
|
38.5B USD | 9.3 | 13.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 11.7 |
| Median | 16.7 |
| 70th Percentile | 23.6 |
| Max | 3 178 983.5 |
Other Multiples
Ring Energy Inc
Glance View
Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The company is headquartered in The Woodlands, Texas and currently employs 53 full-time employees. The company went IPO on 2007-03-28. The firm is engaged in oil and natural gas development, production, acquisition, and exploration activities focused in Texas and New Mexico. Its oil and natural gas properties and projects include Northwest Shelf, Central Basin Platform and Delaware Basin. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf, the Central Basin Platform, and the Delaware Basin, all of which are part of the Permian Basin in Texas and New Mexico. Its leasehold acreage positions totaled approximately 83,604 gross (64,380 net) acres, and it holds interests in approximately 491 gross (333 net) producing wells. The firm's proved reserves are approximately 77.8 million barrels of oil equivalent (BOE). Its reserves are oil-weighted with approximately 85% consisting of oil and 15% consisting of natural gas. All of its properties are located in the Permian Basin in Texas and New Mexico.
