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Ring Energy Inc (REI)

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Ring Energy Inc historical data, for real-time data please try another search
1.42 +0.02    +1.43%
16/02 - Closed. Currency in USD
Type:  Equity
Market:  United States
ISIN:  US76680V1089 
CUSIP:  76680V108
  • Volume: 145,869
  • Bid/Ask: 12.26 / 12.27
  • Day's Range: 1.38 - 1.44
Ring Energy Inc 1.42 +0.02 +1.43%

REI Financial Summary

 
A brief financial summary of Ring Energy Inc as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Ring Energy, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net income was USD 22.42 million compared to USD 28.79 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.15 a year ago.For the six months, net income was USD 27.93 million compared to USD 61.51 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.33 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.32 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

REI Income Statement

Gross margin TTM 80.79%
Operating margin TTM 34.94%
Net Profit margin TTM 19.29%
Return on Investment TTM -
 Total Revenue  Net Income
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Revenue 95.51 90.07 94.98 88.93
Gross Profit 77.2 72.53 76.84 71.93
Operating Income 39.99 18.6 70.15 0.351
Net Income 22.42 5.52 50.9 -7.54

REI Balance Sheet

Quick Ratio MRQ 0.4
Current Ratio MRQ 0.5
LT Debt to Equity MRQ 49.79%
Total Debt to Equity MRQ 50.45%
 Total Assets  Total Liabilities
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Assets 1389.75 1384.68 1376.5 1363.31
Total Liabilities 572.34 591.68 589.91 629.86
Total Equity 817.42 793.01 786.58 733.45

REI Cash Flow Statement

Cash Flow/Share TTM -
Revenue/Share TTM -
Operating Cash Flow  45.44%
 Cash  Net Change in Cash
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 50.62 45.19 55.73 55.39
Cash From Investing Activities -36.86 -39.51 -51.66 -87.33
Cash From Financing Activities -13.95 -4.6 -3.92 30.33
Net Change in Cash -0.197 1.08 0.158 -1.61
* In Millions of USD (except for per share items)
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