10 Hidden Penny Stocks to Buy Now

4. Ring Energy, Inc. (NYSEAMERICAN:REI)

Upside Potential as of September 27, 2025: 119.30%

During the first quarter, Goldman Sachs Group Inc. trimmed its holdings in Ring Energy, Inc. (NYSEAMERICAN:REI) by 33.5% through the sale of 394,814 shares. According to a recent filing with the SEC, the bank now owns 783,618 shares of the company’s stock, which translates to an investment of $901,000 and an ownership of about 0.38%.

One thing that has kept the investor’s interest is the company’s strategy to reduce its debt, and for this, Ring Energy, Inc. (NYSEAMERICAN:REI) has “acquired its way to more production.” While facilitating cost savings from both better operations and higher levels of production, the company has achieved a relatively low debt ratio.

For the second half of 2025, Ring Energy, Inc. (NYSEAMERICAN:REI) anticipates an average total sales volume of approximately 20,000 BOEPD, comprising 13,250 barrels per day of oil sales volumes. Thanks to the Lime Rock acquisition, the company’s credit facility utilization has also increased to the mid-70% range.

Ring Energy, Inc. (NYSEAMERICAN:REI) is a Texas-based independent oil and natural gas company offering oil and natural gas properties. Founded in 2004, the company is dedicated to delivering competitive and sustainable returns.