Ring Energy: Big Cash Flow Progress
REIRing Energy(REI) Seeking Alpha·2024-06-04 05:20

bjdlzx Ring Energy, Inc. (NYSE:REI) management has long been trying to get this company to an appropriate operating model with adequate cash flow and a marketacceptable debt ratio, as the last article (and more before it) discussed. This kind of transition can weigh on an investor's patience. However, the result should be a higher stock price valuation based upon fewer debt fears combined with an ability to return capital to shareholders that the market now demands. This time around, management reported sig ...