Ring Energy (REI)
NYSE MKT:REI
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Ring Energy (REI) Income Statement

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Ring Energy Income Statement

Last quarter (Q2 2024), Ring Energy's total revenue was $99.14M, an increase of Infinity% from the same quarter last year. In Q2, Ring Energy's net income was $22.42M. See Ring Energy’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Mar 23Dec 22Dec 21Dec 20
Total Revenue
$ 372.11M$ 361.06M$ 88.08M$ 347.25M$ 196.31M$ 113.03M
Cost of Revenue
$ 96.66M$ 184.12M$ -823.00$ -1.83M$ 83.21M$ 85.21M
Gross Profit
$ 275.46M$ 176.94M$ 68.94M$ 293.05M$ 113.09M$ 27.82M
Operating Expense
$ 140.83M$ 137.90M$ 32.92M$ 100.33M$ 17.34M$ 18.98M
Operating Income
$ 169.91M$ 145.78M$ 36.02M$ 192.73M$ 95.76M$ 8.84M
Net Non Operating Interest Income Expense
$ -29.87M$ -43.67M$ -10.39M$ -23.17M$ -14.49M$ -17.62M
Other Income Expense
$ 11.65M$ -2.88M$ -9.48M$ 21.53M$ -77.85M$ -250.64M
Pretax Income
$ 99.48M$ 104.99M$ 34.75M$ 147.04M$ 3.41M$ -259.41M
Tax Provision
$ 4.92M$ 125.24K$ 2.03M$ 8.41M$ 90.34K$ -6.00M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 94.57M$ 104.86M$ 32.72M$ 138.64M$ 3.32M$ -253.41M
Basic EPS
$ 0.77$ 0.55$ 0.18$ 1.14$ 0.03$ -3.48
Diluted EPS
$ 0.76$ 0.54$ 0.17$ 0.98$ 0.03$ -3.48
Basic Average Shares
$ 782.35M$ 190.59M$ 177.98M$ 121.26M$ 99.39M$ 72.89M
Diluted Average Shares
$ 791.75M$ 195.36M$ 190.14M$ 141.75M$ 121.19M$ 72.89M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
----$ 0.31-
Reported Normalized Diluted E P S
-----$ 0.28
Rent Expense Supplemental
----$ 523.49K$ 1.20M
Total Expenses
$ 152.60M$ 137.90M$ 32.92M$ 98.50M$ 100.55M$ 104.18M
Interest Expense
----$ 14.49M$ 17.62M
Net Income From Continuing And Discontinued Operation
$ 94.57M$ 104.86M$ 32.72M$ 138.64M$ 3.32M$ -253.41M
Normalized Income
$ 45.46M---$ 79.12M$ -8.57M
EBIT
$ 133.05M$ 148.92M$ 45.14M$ 170.21M$ 17.90M$ -241.80M
EBITDA
$ 248.80M$ 237.53M$ 66.41M$ 225.95M$ 55.07M$ -198.78M
Currency in USD

Ring Energy Earnings and Revenue History

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