|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$1.94 |
$2.05 |
$1.92 |
$2.02 |
1.37M | 04/22/2024 |
$2.00 |
$2.05 |
$1.96 |
$2.04 |
1.37M | 04/23/2024 |
$2.01 |
$2.03 |
$1.97 |
$2.02 |
1.24M | 04/24/2024 |
$2.00 |
$2.02 |
$1.96 |
$1.96 |
998.20K | 04/25/2024 |
$1.95 |
$1.99 |
$1.92 |
$1.99 |
1.13M |
|
Ring Energy is an exploration and production company, engaged in oil and natural gas development, production, acquisition, and exploration activities, with a focused in Texas and New Mexico. Co.'s primary drilling operations 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 and New Mexico. Co. principally sells its oil and natural gas production to end users, marketers and other purchasers that have access to nearby pipeline facilities. In areas where there is no practical access to pipelines, oil is trucked to storage facilities. | |
|
Ring Energy (REI) has the following price history information. Looking back at REI historical stock prices for the last five trading days, on April 19, 2024, REI opened at $1.94, traded as high as $2.05 and as low as $1.92, and closed at $2.02. Trading volume was a total of 1.37M shares. On April 22, 2024, REI opened at $2.00, traded as high as $2.05 and as low as $1.96, and closed at $2.04. Trading volume was a total of 1.37M shares. On April 23, 2024, REI opened at $2.01, traded as high as $2.03 and as low as $1.97, and closed at $2.02. Trading volume was a total of 1.24M shares. On April 24, 2024, REI opened at $2.00, traded as high as $2.02 and as low as $1.96, and closed at $1.96. Trading volume was a total of 998.20K shares. On April 25, 2024, REI opened at $1.95, traded as high as $1.99 and as low as $1.92, and closed at $1.99. Trading volume was a total of 1.13M shares.
REI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ring Energy shares, starting with a $10,000 purchase of REI, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/29/2014 |
|
End date: |
04/25/2024 |
|
Start price/share: |
$18.30 |
|
End price/share: |
$1.99 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-89.13% |
|
Average Annual Total Return: |
-19.90% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$1,087.90 |
|
Years: |
10.00 |
|
|
|
Date |
Close |
04/19/2024 | $2.02 | 04/22/2024 | $2.04 | 04/23/2024 | $2.02 | 04/24/2024 | $1.96 | 04/25/2024 | $1.99 |
|
|