Ring Energy, Inc. (REI) Financials

$0.80

$0.01 (-1.33%)
Last update: 01:00 PM EST
Day's range
$0.79
Day's range
$0.83
$400M$400M$200M$200M$0$0-$200M-$200M-$400M-$400MEarning20182018201920192020202020212021202220222023202320242024100%100%0%0%-100%-100%-200%-200%-300%-300%Profit Margin
Profit Margin
Revenue
Earnings

REI Income statement / Annual

Last year (2024), Ring Energy, Inc.'s total revenue was $366.33 M, an increase of 1.46% from the previous year. In 2024, Ring Energy, Inc.'s net income was $67.47 M. See Ring Energy, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $366.33 M $361.06 M $347.25 M $196.31 M $113.03 M $195.70 M $120.07 M $66.70 M $30.85 M $31.01 M
Cost of Revenue $506.33 M $184.12 M $127.06 M $83.74 M $86.40 M $114.76 M $72.46 M $39.65 M $22.86 M $26.60 M
Gross Profit -$140.01 M $176.94 M $220.19 M $112.57 M $26.62 M $80.95 M $47.61 M $27.05 M $7.99 M $4.41 M
Gross Profit Ratio -0.38 0.49 0.63 0.57 0.24 0.41 0.4 0.41 0.26 0.14
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $29.64 B $29.19 M $27.46 M $16.07 M $16.87 M $19.87 M $12.87 M $10.52 M $8.03 M $8.00 M
Selling & Marketing Expenses $0.00 $541.80 K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $30.34 M $29.73 M $27.46 M $16.07 M $16.87 M $19.87 M $12.87 M $10.52 M $8.03 M $8.00 M
Other Expenses $0.00 $0.00 $983.43 K $744.05 K $906.62 K $943.71 K $606.46 K $567.97 K $487.18 K $418.38 K
Operating Expenses $108.65 M $31.16 M $28.44 M $16.81 M $17.78 M $20.81 M $13.47 M $11.08 M $8.51 M $8.41 M
Cost And Expenses -$233.43 M $215.28 M $155.51 M $100.55 M $104.18 M $135.57 M $85.93 M $50.73 M $31.37 M $35.02 M
Interest Income $491.95 K $257.16 K $4.00 $0.00 $8.00 $13.51 K $97.86 K $291.08 K $56.50 K $6.98 K
Interest Expense $43.31 M $43.93 M $23.17 M $14.49 M $17.62 M $13.87 M $427.90 K $291.08 K $649.01 K $749.13 K
Depreciation & Amortization $100.08 M $90.04 M $56.72 M $37.91 M $43.92 M $57.15 M $39.63 M $21.09 M $11.97 M $15.18 M
EBITDA $229.93 M $238.95 M $226.94 M $55.82 M -$197.88 M $114.30 M $52.50 M $32.96 M -$45.01 M $2.29 M
EBITDA Ratio 0.63 0.66 0.65 0.28 -1.75 0.58 0.44 0.49 -1.46 0.07
Operating Income Ratio 0.36 0.4 0.55 0.49 0.08 0.31 0.17 0.24 -1.85 -0.43
Total Other Income/Expenses Net -$44.99 M -$40.79 M -$44.70 M -$92.34 M $9.25 M -$16.85 M -$7.52 M -$3.80 M -$592.51 K -$742.15 K
Income Before Tax $87.91 M $104.99 M $147.04 M $3.41 M -$259.41 M $43.28 M $12.45 M $12.17 M -$57.63 M -$14.06 M
Income Before Tax Ratio 0.24 0.29 0.42 0.02 -2.3 0.22 0.1 0.18 -1.87 -0.45
Income Tax Expense $20.44 M $125.24 K $8.41 M $90.34 K -$6.00 M $13.79 M $3.45 M $10.42 M -$19.99 M -$5.00 M
Net Income $67.47 M $104.86 M $138.64 M $3.32 M -$253.41 M $29.50 M $9.00 M $1.75 M -$37.64 M -$9.05 M
Net Income Ratio 0.18 0.29 0.4 0.02 -2.24 0.15 0.07 0.03 -1.22 -0.29
EPS 0.34 0.55 1.14 0.0334 -3.48 0.44 0.15 0.03 -0.97 -0.32
EPS Diluted 0.34 0.54 0.98 0.0274 -3.48 0.44 0.15 0.03 -0.97 -0.32
Weighted Average Shares Out $197.94 M $190.59 M $121.26 M $99.39 M $72.89 M $66.57 M $59.53 M $51.38 M $38.71 M $28.18 M
Weighted Average Shares Out Diluted $200.28 M $195.36 M $141.75 M $121.19 M $72.89 M $66.76 M $60.85 M $52.81 M $38.71 M $28.18 M
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