Bullboard - Stock Discussion Forum Ring Energy Inc REI

Energy Oil & Gas E&P

Ring Energy, Inc. is an oil and gas exploration, development, and production company. The Company is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas. The Company's leasehold acreage positions total approximately 96,127... see more

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NYSEAM:REI - Post Discussion

Ring Energy Inc > Nice Volume

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Post by ditchdigger251 on Feb 28, 2022 12:23pm

Nice Volume

With the opening day only 1/3 over REI traded ~50% more than they've been averaging. Nice to see North of $3. One commenter elsewhere thought this week will take REI to $4. Another commenter replying thought REI should have already been at $4 heading to $8. It's clear there's lots of value here. Time will bring the value up. Patience will pay.