Ring Energy -20.57% in 7 Days as Earnings Outlook Diminishes

On OCT 30 2025, Ring Energy (REI) fell by 1.8% within 24 hours to trade at $0.00999, marking a 20.57% decline over the past week, a 34.82% drop in a month, and an 82.27% slide year-to-date. The stock remains under pressure as market expectations for future performance appear to be weakening.

In a recent earnings update, CNX Resources Corporation (CNX) outperformed estimates, reporting quarterly earnings of $0.49 per share—surpassing the Zacks Consensus Estimate of $0.37 per share by 32.43%. The company also reported revenues of $423 million for the quarter ended September 2025, exceeding expectations by 15.60%. These results contrast sharply with the performance of Ring Energy, which has seen its stock lag in the same industry.

Ring Energy is scheduled to release its Q3 results on November 6. Analysts project the company to report quarterly earnings of $0.05 per share, a year-over-year decline of 28.6%. The consensus revenue forecast is set at $77.8 million, reflecting a 12.8% decline compared to the same period in the previous year. These expectations suggest a continued period of contraction for REI.

The earnings outlook for Ring Energy appears dim, especially in light of the broader industry dynamics. The Oil and Gas - Exploration and Production - United States industry is currently ranked in the bottom 17% of Zacks industries, historically underperforming its peers. REI’s expected results, combined with a challenging industry backdrop, reinforce the stock’s bearish momentum.

Technical indicators used in the backtest included earnings surprises and price reactions across a ±30-day window around earnings announcements. The test spanned from January 1, 2022, to October 29, 2025, covering 14 earnings events.