What is the Return on Assets (ROA) of Ring Energy this year?
The Return on Assets (ROA) of Ring Energy is 0.08 undefined this year.
Ring Energy ROA 2024
Ring Energy ROA
0.08
Ticker
REI
ISIN
US76680V1089
WKN
A0Q3SR
In 2024, Ring Energy's return on assets (ROA) was 0.08, a -30.27% increase from the 0.11 ROA in the previous year.
Ring Energy Aktienanalyse
What does Ring Energy do?
Ring Energy Inc is an independent oil and gas exploration and production company based in Midland, Texas. The company was founded in 2012 and focuses on the exploration, development, and production of oil and gas deposits in the Permian Basin, a rich oil region that spans parts of Texas and New Mexico. The main business model of Ring Energy is to acquire mineral and lease rights, work on cross-mining concessions in the Permian Basin, and sell the oil and gas produced from them. Ring Energy operates primarily through the creation of joint ventures and strategic partnerships, as well as the use of horizontal drilling and other advanced technologies to maximize production rates. The key operational divisions of Ring Energy are the exploration and production of petroleum and natural gas, where it owns a variety of mineral and lease rights and contract-bound concessions. The company owns and operates a fleet of drilling and production facilities on its mines, enabling it to increase production quickly and efficiently and thus increase revenue. To optimize its operations, Ring Energy has invested in specialized geo-visualization technologies, drilling strategies, and environmental technologies. The company has also implemented automated data collection and control for drilling, allowing it to gather and utilize real-time information for its operations. Additionally, Ring Energy has partnered with an international oil and gas services company focused on digital mining technologies. Ring Energy produces and sells various products from its wells in the Permian Basin, including crude oil, condensate, natural gas, NGLs (natural gas liquids), and NGL condensates. These products are primarily sold to refineries in the US to be converted into various end products such as gasoline, diesel fuel, and plastics. The company gained international recognition when it made a significant acquisition in early 2020. It acquired a production facility in North Korea that extracts minerals and rare earth elements used in the electronics and semiconductor industries. However, Ring Energy has also acknowledged negative environmental impacts, particularly regarding the potential for earthquakes resulting from fracking activities. As a result, the company has invested more in low-carbon technologies and implemented extensive measures to comply with environmental regulations. Overall, Ring Energy has built a strong position in the oil and gas exploration and production market in recent years and has a promising future. The company has a clear strategy and strong execution capabilities, allowing it to improve its operations and explore new business opportunities, particularly in the emerging electronics industry. Ring Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Ring Energy's Return on Assets (ROA)
Ring Energy's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Ring Energy's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Ring Energy's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Ring Energy’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Ring Energy stock
What was the ROA of Ring Energy compared to the previous year?
The ROA of Ring Energy has increased by -30.27% compared to the previous year.
What consequences do high ROA have for investors of Ring Energy?
A high ROA is advantageous for investors of Ring Energy, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Ring Energy?
A low ROA can be unfavorable for investors of Ring Energy as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Ring Energy affect the company?
An increase in ROA of Ring Energy can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Ring Energy impact the company?
A reduction in the ROA of Ring Energy can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Ring Energy?
Some factors that can influence the ROA of Ring Energy include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Ring Energy important for investors?
The ROA of Ring Energy is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Ring Energy take to improve ROA?
To improve ROA, Ring Energy can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Ring Energy pay?
Over the past 12 months, Ring Energy paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Ring Energy is expected to pay a dividend of 0 USD.
What is the dividend yield of Ring Energy?
The current dividend yield of Ring Energy is .
When does Ring Energy pay dividends?
Ring Energy pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Ring Energy?
Ring Energy paid dividends every year for the past 0 years.
What is the dividend of Ring Energy?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Ring Energy located?
Ring Energy is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Ring Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ring Energy from 9/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/28/2024.
When did Ring Energy pay the last dividend?
The last dividend was paid out on 9/28/2024.
What was the dividend of Ring Energy in the year 2023?
In the year 2023, Ring Energy distributed 0 USD as dividends.
In which currency does Ring Energy pay out the dividend?
The dividends of Ring Energy are distributed in USD.
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Andere Kennzahlen von Ring Energy
Our stock analysis for Ring Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ring Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
