KWE1.MU Stock Analysis
KW
Neutral
Based on Eyestock quantitative analysis, KWE1.MU`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Overvalued
Ring Energy, Inc. is an exploration and production company. The Company 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 Company'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. It is also having operations, which are located primarily in Crane County, Texas.