Ring Energy (REI) Earns News Impact Score of 0.10

News stories about Ring Energy (NASDAQ:REI) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ring Energy earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 48.3668003149005 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Ring Energy stock traded down $0.45 during trading on Monday, hitting $11.69. 349,000 shares of the stock were exchanged, compared to its average volume of 717,228. Ring Energy has a 12-month low of $11.11 and a 12-month high of $17.35.

About Ring Energy

Ring Energy, Inc acquires, explores for, develops, and produces oil and natural gas in Texas and Kansas, the United States. As of December 31, 2016, its proved reserves consisted of approximately 27.7 million barrel of oil equivalent. The company also owns interests in 32,663 net developed and undeveloped acres in Andrews and Gaines counties, and 20,490 net developed and undeveloped acres in Reeves and Culberson counties, Texas; and 14,549 net developed and undeveloped acres in Kansas.

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