Ring Energy (REI) Up More Than 48.5% Since FQ2 2025 Results, Wall Street Bullish

Company Performance - Ring Energy, Inc. reported a revenue of $82.60 million for the fiscal second quarter of 2025, which represents a 16.68% decrease year-over-year and fell short of expectations by $265,910 [2] - The company achieved an EPS of $0.05, exceeding Wall Street estimates by $0.02 [2] - Following the earnings release, the stock price increased by more than 48.5% [1] Analyst Ratings - Michael Markidis from BMO Capital raised the price target for Ring Energy from C$19 to C$20, maintaining a Buy rating [2] - Pammir Bir from RBC Capital reiterated a Buy rating with a price target of C$21 [2] Debt Management - Ring Energy announced a target to reduce its debt by approximately $18 million during the third quarter [3] - The company is focused on exploration, development, and production in the Permian Basin of Texas [3]