Ring Energy: Debt Ratio Climbs As Costs Decline

Ring Energy (NYSE: REI ) has dealt with debt issues ever since the market changed the rules. The improvement in the debt situation using the "new rules" since fiscal year 2020 has been gradual. But that improving debt ratio has beenLong Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA.Analyst’s Disclosure:I/we have a beneficial long positio ...