Is RING ENERGY, INC. (REI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 121.9% / 30% | 0.6% / 30% | 11.7% / 30% | 0.13% / 5% | ✗ NOT HALAL |
| DJIM | 121.9% / 33% | 0.6% / 33% | 11.7% / 33% | 0.13% / 5% | ✗ NOT HALAL |
| MSCI | 27.6% / 33% | 0.1% / 33% | 2.6% / 33% | 0.13% / 5% | ✓ HALAL |
| S&P | 121.9% / 33% | 0.6% / 33% | 11.7% / 33% | 0.13% / 5% | ✗ NOT HALAL |
| FTSE | 27.6% / 33% | 0.1% / 33% | 2.6% / 50% | 0.13% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 74.3% | |
| Operating Margin | 44.4% | |
| Net Margin | -11.9% | |
| Return on Equity (ROE) | -4.1% | |
| Return on Assets (ROA) | 4.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $151M |
| Free Cash Flow | -$29M |
| Total Debt | $423M |
| Debt-to-Equity | 50.6 |
| Current Ratio | 0.6 |
| Total Assets | $1.4B |
Price & Trading
| Last Close | $1.59 |
| 50-Day MA | $1.32 |
| 200-Day MA | $1.02 |
| Avg Volume | 4.0M |
| Beta | 0.8 |
|
52-Week Range
$0.72
| |
About RING ENERGY, INC. (REI)
Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in The Woodlands, Texas.
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Frequently Asked Questions
Is RING ENERGY, INC. (REI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), RING ENERGY, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is RING ENERGY, INC.'s debt ratio?
RING ENERGY, INC.'s debt ratio is 121.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 27.6%.
What are RING ENERGY, INC.'s key financial metrics?
RING ENERGY, INC. has a market capitalization of $331M, and revenue of $307M. The company maintains a gross margin of 74.3% and a net margin of -11.9%. Return on equity stands at -4.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.