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Ring Energy Inc. (REI)

NYSE: REI · Crude Petroleum & Natural Gas · The Woodlands, TX · filing with the SEC since 2007
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Grade3.8
◀ Past 4.2● Present 4.0▶ Future 2.9
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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 4, 2026Mar 5, 2025Mar 7, 2024Mar 9, 2023Mar 16, 2022Mar 16, 2021Mar 16, 2020Feb 28, 2019Mar 15, 2018Mar 15, 2017
Revenue307,178,072366,327,414361,056,001347,249,537196,305,966113,025,138195,702,831120,065,36166,699,70030,850,248
Cost of revenue··457,5731,830,0244,333,2324,090,238r2,874,155r27,801,98915,978,3629,867,800
General and administrative31,928,57629,640,30029,188,75527,095,32316,068,10516,874,05019,866,70612,867,68610,515,8878,027,077
Total costs and expenses341,516,500233,426,714215,275,510155,505,404100,549,118381,686,604135,566,503100,104,42250,732,55987,883,009
Operating income-34,338,428132,900,700145,780,491191,744,13395,756,848-268,661,46660,136,32819,960,93915,967,141-57,032,761
Interest expense40,430,92943,311,81043,926,73223,167,72914,490,47417,617,61413,865,556427,8980649,009
Interest and investment income290,879491,946257,15541813,51197,855291,08356,498
Total non-operating income (expense)-7,845,517-44,989,432-40,790,608-44,700,384-92,343,6149,248,462-16,852,123-7,515,458-3,797,101-592,511
Income before income taxes-42,183,94587,911,268104,989,883147,043,7493,413,234-259,413,00443,284,20512,445,48112,170,040-57,625,272
Income tax expense-7,452,74620,440,954125,2428,408,72490,342-6,001,17613,787,6543,445,72110,416,171-19,987,585
Net income-34,731,19967,470,314104,864,641138,635,0253,322,892-253,411,82829,496,5518,999,7601,753,869-37,637,687
Earnings per share, basic-0.170.340.551.140.03-3.48r0.440.150.03-0.97
Earnings per share, diluted-0.170.340.540.980.03-3.48r0.440.150.03-0.97
Weighted average shares, basic204,984,223197,937,683190,589,143121,264,17599,387,02872,891,31066,571,73859,531,20051,383,00838,710,626
Weighted average shares, diluted204,984,223200,277,380195,364,850141,754,668121,193,17572,891,31066,757,02860,848,17752,806,71238,710,626
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
us-gaap:OperatingCostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton REI · research, not advice