Does Ring Energy, Inc. have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores Ring Energy, Inc. (REI) 45.3 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 87, returns on capital 16, balance-sheet safety 28, capital discipline 44.

Is REI stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $3.61 per share versus a recent price of $1.23 — 66% below value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has REI's Moat Score changed over time?

The record logs 2 readings since Jul 17, 2026; the latest reads 45.3 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

Ring Energy, Inc.

REI · Materials · $255.4M mkt cap · FY2025 filings · Shallow moat ·

On the watchlist

Shallow moat

The four filters

Pricing power87

Median gross margin 97.1% over 8y, stable.

Returns on capital16

Median ROIC 5.6%, above the 9% hurdle in 40% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage -1x.

Capital discipline44

Owner earnings trend unclear, share count n/a.

Margin of safety

Above valueOn sale

66% below value

Owner earnings (normalized): $67.5M
Est. intrinsic value / share: $3.61
Recent price: $1.23
Discount to value: 66% below value

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Fundamentals

There's no normalized fundamentals series for REI yet — it appears once ingest has processed its filings.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale45.3 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — REI has read Shallow moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Materials context

#83 of 214 scored Materials companies, ranked by Moat Score.

Nearest peers by Moat Score

#81LUVU Luvu Brands, Inc.45.9 out of 100, Shallow moatShallow moat
#82EPM EVOLUTION PETROLEUM CORP45.7 out of 100, Shallow moatShallow moat
#84SON SONOCO PRODUCTS CO45.0 out of 100, Shallow moatShallow moat
#85CDXS Codexis, Inc.44.8 out of 100, Shallow moatShallow moat

Compare REI with its nearest peers →All Materials companies on the Index →

Common questions about REI

Does Ring Energy, Inc. have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores Ring Energy, Inc. (REI) 45.3 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 87, returns on capital 16, balance-sheet safety 28, capital discipline 44.
Is REI stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $3.61 per share versus a recent price of $1.23 — 66% below value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has REI's Moat Score changed over time?: The record logs 2 readings since Jul 17, 2026; the latest reads 45.3 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell REI. See the disclaimer.