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John A. Crum, a director at Ring Energy, Inc. (AMEX:REI), recently purchased 50,000 shares of the company’s common stock. The transaction, which took place on April 1, 2025, was executed at a price of $1.15 per share, amounting to a total purchase value of $57,499. The stock has shown resilience in the market, delivering an 8.77% return over the past year and currently trading at $407.74, within its 52-week range of $350.08 to $445.42. Following this acquisition, Crum’s direct ownership in the company increased to 564,125 shares. This move underscores Crum’s continued investment in the Houston-based crude petroleum and natural gas company. For detailed analysis of Ring Energy’s valuation metrics and growth potential, investors can access comprehensive research through InvestingPro, which offers exclusive insights and financial metrics not readily available elsewhere.
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