Ring Energy, Inc. (REI)

USD 1.27

(-3.79%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 361.05 Million 347.24 Million 196.3 Million 113.02 Million 195.7 Million 120.06 Million
Cost of Revenue 115.38 Million 127.06 Million 83.73 Million 86.4 Million 114.75 Million 72.45 Million
Gross Profit 245.66 Million 220.18 Million 112.56 Million 26.62 Million 80.94 Million 47.6 Million
Operating Expenses 214.27 Million 28.44 Million 16.81 Million 17.78 Million 20.81 Million 13.47 Million
Selling, General and Administrative Expenses 99.88 Million 27.45 Million 16.06 Million 16.87 Million 19.86 Million 12.86 Million
Research and Development Expenses - - - - - -
Other Expenses 185.08 Million 983.43 Thousand 744.04 Thousand 906.61 Thousand 943.7 Thousand 606.45 Thousand
Cost and Expenses 215.27 Million 155.5 Million 100.54 Million 104.18 Million 135.56 Million 85.93 Million
Operating Income 145.78 Million 191.74 Million 95.75 Million 8.84 Million 60.13 Million 19.96 Million
Interest Expense 43.92 Million 23.16 Million 14.49 Million 17.61 Million 13.86 Million 427.89 Thousand
Income Tax Expense 125.24 Thousand 8.4 Million 90.34 Thousand -6 Million 13.78 Million 3.44 Million
Earnings before Tax 104.98 Million 147.04 Million 3.41 Million -259.41 Million 43.28 Million 12.44 Million
Net Income 104.86 Million 138.63 Million 3.32 Million -253.41 Million 29.49 Million 8.99 Million
Earnings Per Share Basic 0.55 1.14 0.03 -3.48 0.44 0.15
Earnings Per Share Diluted 0.54 0.98 0.03 -3.48 0.44 0.15
Weighted Average Shares Outstanding 190.58 Million 121.26 Million 99.38 Million 72.89 Million 66.57 Million 59.53 Million
Weighted Average Shares Outstanding (Diluted) 195.36 Million 141.75 Million 121.19 Million 72.89 Million 66.75 Million 60.84 Million
Gross Margin 0.68 0.63 0.57 0.24 0.41 0.40
EBIT Margin 0.66 0.71 0.68 0.46 0.59 0.61
Profit Margin 0.29 0.40 0.02 -2.24 0.15 0.07
EBITDA 238.95 Million 226.93 Million 55.81 Million -197.87 Million 114.29 Million 52.5 Million
Earnings Before Tax Margin 0.40 0.55 0.49 0.08 0.31 0.17

Income Statement Charts