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REI Ring Energy

Posted: Thu Sep 11, 2014 10:47 am
by wilmawatts
Revenue growth looks impressive. Permian basin infill wells.

These guys are drilling up a storm of relatively cheap vertical wells

Hope they advance past the infill stuff to some laterals - but they are not in the sweet spot of the Permian

Another hot Texas company to look at Dan. I bought in after the recent share offering, and it has not done much, and probably wont until the next earnings call

Re: REI Ring Energy

Posted: Thu Sep 11, 2014 12:57 pm
by dan_s
It has been assigned to one of our SMU interns. Ring does have a solid team.