RNGE Ring Energy, Inc. featured news, full reports, and detailed charts
Ring Energy, Inc. (RNGE/RNGE.OB) Wrap Up:
Ring Energy, Inc. does not have significant operations. It focuses to acquire and develop oil and gas properties and market oil and gas products derived from those properties. Ring Energy, Inc., formerly known as Transglobal Mining Corp., was founded in 2004 and is based in Redlands, California.Ring Energy, Inc. (RNGE:OTC Bulletin Board Market)
Snapshot of Ring Energy, Inc. (RNGE)
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OPEN
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PREVIOUS CLOSE
$4.00
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
10/2/09 - $4.00
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52 WEEK LOW
03/13/09 - $2.00
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MARKET CAP
14.2M
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
3.5M
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RNGE Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
RNGE Top Compensated Officers
Executives, Board Directors
Key developments for Ring Energy, Inc. (RNGE)
Ring Energy Inc. reported earnings results for the second quarter ended March 31, 2009. For the quarter, the company showed a net loss of $10,182. In contrast, the company posted a net loss of $3,449 for the same quarter in the previous year.
The board of directors of Ring Energy Inc. appointed Robert Morley an independent outside director, to serve as the audit committee for the company effective immediately. Morley is a presently serving independent outside director with experience in financial matters. He will serve as a sole committee to perform the requirements of an independent audit committee for the company pursuant to the Securities Exchange Act of 1934 and the provisions of Sarbanes-Oxley.
Effective January 15, 2009, Ring Energy, Inc. will change its OTCBB stock ticker symbol to RNGE from RNGEE.
RNGE Competitors
| Company | Last | Change | |
| No competitor information is available for RNGE. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | RNGE | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 10.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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RNGE |
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RNGE transactions
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| No transactions in the last 6 months. | ||
