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Ring Energy (STU:KWE1) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 19, 2024)


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What is Ring Energy 5-Year Yield-on-Cost %?

Ring Energy's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for Ring Energy's 5-Year Yield-on-Cost % or its related term are showing as below:



STU:KWE1's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.89
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Ring Energy's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Ring Energy's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ring Energy's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ring Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ring Energy's 5-Year Yield-on-Cost % falls into.



Ring Energy 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Ring Energy is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Ring Energy  (STU:KWE1) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Ring Energy 5-Year Yield-on-Cost % Related Terms

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Ring Energy (STU:KWE1) Business Description

Industry
Traded in Other Exchanges
Address
1725 Hughes Landing Boulevard, Suite 900, The Woodlands, TX, USA, 77380
Ring Energy Inc is an independent exploration and production company based in The Woodlands, Texas and is engaged in oil and natural gas development, production, acquisition, and exploration activities currently focused in the Permian Basin of Texas. The drilling operations of the company target the oil and liquids rich producing formations in the Northwest Shelf, the Central Basin Platform, and the Delaware Basin all of which are part of the Permian Basin in Texas.

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