Newsletter
An investment in knowledge pays the best interest.
Ben Franklin
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Ring Energy Eyes Production Expansion Over the Medium Term
Ring Energy (REI) is a Permian exploration and production company operating in the Central (CPB) and Northwest Shelf (NWS). With 85% liquids and 66% oil mix, REI produces 20.1 kboe/d (thousand of barrels of oil equivalent per day). REI has a higher-than-peers reserve life of 18 years.
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Economic and Market Review January 2025
• US stocks had a volatile start to the year, with the Fed keeping rates steady, new trade uncertainty, and disruptions in the tech industry.
• Trump announced new potential tariffs on Mexico, China and Canada, sending gold to new all time highs and routing crypto.
• China’s DeepSeek R1 AI model, reportedly trained for just $6 million, triggered a 3.5% drop in the NASDAQ and a 12.8% decline in NVIDIA (NVDA), while US regulators launched a probe into potential violations of semiconductor export controls.
• US economic data showed manufacturing optimism but slowing services due to continued inflationary pressures.
• The Baltic Dry Index (BDI) dropped 25% to a 23-month low, reflecting weaker industrial demand globally and shipping overcapacity.
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Is Your Portfolio and Retirement Safe from the Devasting Damage of Inflation?
Investors need to be aware that inflation damage compounds over time. We have undergone a secular change, and inflation will continue to move up over the medium term.
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