Ring Energy logo
Ring Energy REI
$ 1.33 0.75%
report update icon

Quarterly report 2026-Q2
added 08-05-2026

Ring Energy Income Statement 2025-2004 | REI

Brief overview of revenue and earnings at Ring Energy

The conclusions below are based on five years of reported results. Revenue reported by Ring Energy was 113 million dollars at the beginning of the period and 307 million dollars at the end. The cumulative result was +171.8%, corresponding to roughly 22.1% per year. The annual growth rate indicates an exceptionally strong top-line trend.

The five-year EBITDA result moved by +127.5%: from −226 million dollars to 62.1 million dollars. Changes in revenue did not translate into comparable EBITDA performance. At the operating-margin level, the figure shifted from −199.6% to 20.2%. The company improved its ability to convert sales into EBITDA.

The net financial result changed from −253 million dollars to −34.7 million dollars. The loss reduction is constructive, but the recovery is incomplete.

Market value was 48.1 million dollars at the start and 310 million dollars at the end. The market value rose well beyond the pace of financial improvement.

Overall conclusion

Most key measures improved without a pronounced weak signal. Key strengths include a larger revenue base, net-income growth and an improving EBITDA margin. Investors should continue to monitor margins, costs, and earnings quality.

Annual Income Statement Ring Energy

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2004

Market Cap

310 M 234 M 274 M 245 M 227 M 48.1 M 154 M 356 M 700 M 507 M 156 M 226 M 222 M 76.6 M 14.3 M 14.2 M - -

Shares

205 M 198 M 191 M 121 M 99.4 M 72.9 M 66.6 M 59.5 M 51.4 M 38.7 M 28.2 M 24.7 M 16.4 M 8.07 M 3.58 M 3.55 M - -

Historical Prices

1.51 1.18 1.44 2.02 2.28 0.66 2.64 5.08 13.9 13 7.05 10.5 12.2 5.86 4 4 2.9 -

Net Income

-34.7 M 67.5 M 105 M 139 M 3.32 M -253 M 29.5 M 9 M 1.75 M -37.6 M -9.05 M 8.42 M -452 K -1.67 M -320 K -78.4 K - -

Revenue

307 M 366 M 361 M 347 M 196 M 113 M 196 M 120 M 66.7 M 30.9 M 31 M 38.1 M 10.3 M 1.76 M 2.62 K - - -

Cost of Revenue

- - 458 K 1.83 M 4.33 M 4.09 M 2.87 M 27.8 M 16 M 9.87 M - - - - - - - -

Gross Profit

- - - - - - 80.9 M 47.6 M 27.1 M 7.99 M 4.41 M 19.5 M 6.35 M 382 K 2.02 K - - -

Operating Income

-34.3 M 133 M 146 M 192 M 95.8 M -269 M 60.1 M 20 M 16 M -57 M -13.3 M 12.6 M -389 K -2.03 M -326 K -59 K - -

Interest Expense

- - 43.9 M 23.2 M 14.5 M 17.6 M 13.9 M 428 K - 649 K 749 K - 9.89 K 219 K - - - -

EBITDA

62.1 M 232 M 234 M 247 M 133 M -226 M 116 M 73.3 M 36.8 M 11 M 11.2 M 24.5 M 1.92 M -1.52 M -325 K -56.3 K - -

Operating Expenses

- - - - - - 20.8 M 13.5 M 11.1 M 8.51 M 8.41 M 6.96 M 6.74 M 2.41 M 328 K - - -

General and Administrative Expenses

31.9 M 29.6 M 29.2 M 27.1 M 16.1 M 16.9 M 19.9 M 12.9 M 10.5 M 8.03 M 8 M 6.8 M 6.68 M 2.39 M 323 K 1.73 K - -

All numbers in USD currency

Quarterly Income Statement Ring Energy

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

234 M 209 M 207 M 207 M 199 M 199 M 198 M 198 M 197 M 197 M 195 M 193 M 178 M 176 M 115 M 106 M 100 M 100 M 99.4 M 99.3 M 99.1 M 85.9 M 68 M 68 M 68 M 68 M 67.8 M 67.4 M 63.2 M 63.2 M 60.4 M 60.4 M 56.4 M 54.2 M 53 M 49.2 M 49.1 M 49.1 M 41.9 M 38.6 M 30.4 M 30.4 M 30.4 M 26.1 M 25.7 M 25.7 M 25.7 M 23.9 M 23.6 M 23.6 M 17.8 M 14.4 M 23.6 M 14.2 M 11.4 M 14.2 M 14.2 M 3.44 M 3.44 M 3.55 M 4.72 M

Net Income

64.8 M -221 M -51.6 M 20.6 M 9.11 M - 33.9 M 22.4 M 5.52 M - -7.54 M 28.8 M 32.7 M - 75.1 M 41.9 M 7.11 M - 14.2 M -15.9 M -19.1 M -160 M -1.96 M -135 M 43.8 M 5.03 M 8.86 M 11.3 M 4.27 M -7.08 M 5.69 M 4.72 M 5.67 M -4.51 M 3.07 M 1.91 M 1.28 M -477 K -5.94 M -15.9 M -15.3 M -7.47 M -1.14 M 534 K -976 K 2.71 M 1.73 M 2.82 M 1.16 M 1.53 M -131 K -890 K -965 K 134 K -631 K -541 K -630 K - 127 K -25.2 K -24 K

Revenue

105 M 73.7 M 78.6 M 82.6 M 79.1 M - 89.2 M 99.1 M 94.5 M - 93.7 M 79.3 M 88.1 M - 94.4 M 85 M 68.2 M - 49.4 M 47.8 M 39.5 M - 31.5 M 10.6 M 39.6 M - 50.3 M 51.3 M 41.8 M - 32.7 M 29.9 M 29.9 M - 16.6 M 14.5 M - - - - - - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

- - - - - - - - - - - - -823 - - - 1.3 M - 1.05 M 897 K 935 K - 1.06 M 626 K 1.15 M - 15.5 M 11.6 M 9.41 M - 7.22 M 6.64 M 5.78 M - 4.26 M 3.51 M - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Income

50.3 M -142 M -55 M 23.5 M 22.4 M - 29.8 M 41.8 M 37.6 M - 39.6 M 29.7 M 35.7 M - 53.6 M 54.2 M 38.2 M - 24.4 M 23.2 M 16.3 M -128 M 6.51 M -157 M 10.1 M 17.9 M 14.3 M 17.6 M 10.2 M -9.99 M 9.62 M 9.4 M 10.9 M 6.55 M 4.29 M 2.62 M 2.5 M 1.44 M -9.12 M -25.5 M -23.8 M -11.3 M -1.47 M 1.02 M -1.55 M 3.58 M 2.72 M 4.46 M 1.8 M 1.61 M -144 K -890 K -965 K -302 K -653 K -488 K -589 K - -268 K -17 K -24.7 K

Interest Expense

- - - - - - - - 11.5 M - 11.4 M 10.6 M 10.4 M - 7.02 M 3.28 M 3.4 M - 3.55 M 3.65 M 3.74 M - 4.46 M 4.25 M 4.25 M - 4.56 M 4.26 M 773 K - 40.9 K - 44.5 K - - - - - 95.9 K 86.5 K 416 K - 351 K 79 K - - - - - - - - - - -34 K -94 K -93.8 K - -30.9 K -8.75 K -

EBITDA

70.4 M -120 M -29.8 M 49 M 45 M - 55.5 M 66.5 M 61.4 M - 61.6 M 50.5 M 56.9 M - 67.9 M 64.9 M 48 M - 33.7 M 32.5 M 24.4 M -128 M 17.3 M -150 M 23.8 M 17.9 M 28.5 M 32.3 M 23.2 M -9.99 M 20.5 M 18.5 M 19.4 M 6.55 M 17.7 M 11.2 M 5.98 M 1.44 M -579 K -19.5 M -20.4 M -11.3 M 10.1 M 7.88 M 2.1 M 3.58 M 7.22 M 7.94 M 3.33 M 1.61 M 773 K -494 K -622 K -302 K -536 K -393 K -589 K - -218 K -15.3 K -24.4 K

General and Administrative Expenses

7.95 M 7.44 M 8.14 M 7.14 M 8.62 M - 6.42 M 7.71 M 7.47 M - 7.08 M 6.81 M 7.13 M - 7.39 M 5.83 M 5.52 M - 4.43 M 3.76 M 2.91 M - 2.5 M 4.18 M 3.04 M - 3.75 M 4.74 M 6.8 M - 3.21 M 3.15 M 3.09 M - 2.37 M 2.37 M 2.84 M - 1.88 M 1.92 M 2.22 M - 2 M 2.04 M 1.73 M - 1.82 M 1.63 M 1.56 M - 1.61 M 1.5 M 1.57 M - 671 K 497 K 730 - 1.73 K 22.9 K 209

All numbers in USD currency

The income statement is one of the three key financial reports of a company Ring Energy (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Oil gas drilling industry

Issuer Price % 24h Market Cap Country
Сургутнефтегаз Сургутнефтегаз
SNGS
- - - russiaRussia
Callon Petroleum Company Callon Petroleum Company
CPE
- - $ 2.31 B usaUSA
Calumet Specialty Products Partners, L.P. Calumet Specialty Products Partners, L.P.
CLMT
$ 54.38 0.03 % $ 4.35 B usaUSA
ConocoPhillips ConocoPhillips
COP
$ 128.09 2.25 % $ 160 B usaUSA
California Resources Corporation California Resources Corporation
CRC
$ 52.1 0.13 % $ 4.53 B usaUSA
НОВАТЭК НОВАТЭК
NVTK
- - - russiaRussia
Dorchester Minerals, L.P. Dorchester Minerals, L.P.
DMLP
$ 29.11 0.03 % $ 1.39 B usaUSA
Татнефть Татнефть
TATN
- - - russiaRussia
Devon Energy Corporation Devon Energy Corporation
DVN
$ 48.04 2.33 % $ 30.4 B usaUSA
VAALCO Energy VAALCO Energy
EGY
$ 5.84 0.09 % $ 608 M usaUSA
Hess Corporation Hess Corporation
HES
- - $ 45.7 B usaUSA
EOG Resources EOG Resources
EOG
$ 141.84 1.66 % $ 77 B usaUSA
Evolution Petroleum Corporation Evolution Petroleum Corporation
EPM
$ 3.6 0.14 % $ 123 M usaUSA
Epsilon Energy Ltd. Epsilon Energy Ltd.
EPSN
$ 5.87 1.0 % $ 135 M usaUSA
EQT Corporation EQT Corporation
EQT
$ 51.06 0.49 % $ 31.2 B usaUSA
Diamondback Energy Diamondback Energy
FANG
$ 185.65 0.62 % $ 53.7 B usaUSA
New Concept Energy New Concept Energy
GBR
$ 0.71 0.25 % $ 3.64 K usaUSA
Genie Energy Ltd. Genie Energy Ltd.
GNE
$ 15.84 0.43 % $ 416 M usaUSA
GeoPark Limited GeoPark Limited
GPRK
$ 11.11 1.93 % $ 572 M bermudaBermuda
Gran Tierra Energy Gran Tierra Energy
GTE
$ 9.97 1.84 % $ 353 M canadaCanada
Helmerich & Payne Helmerich & Payne
HP
$ 39.56 0.03 % $ 3.93 B usaUSA
Independence Contract Drilling Independence Contract Drilling
ICD
- -11.38 % $ 8.27 M usaUSA
Borr Drilling Limited Borr Drilling Limited
BORR
$ 4.36 0.11 % $ 1.14 B bermudaBermuda
Antero Resources Corporation Antero Resources Corporation
AR
$ 35.65 3.57 % $ 11 B usaUSA
Barnwell Industries Barnwell Industries
BRN
$ 0.99 2.04 % $ 9.96 M usaUSA
Magnolia Oil & Gas Corporation Magnolia Oil & Gas Corporation
MGY
$ 24.42 1.67 % $ 4.53 B usaUSA
Enerplus Corporation Enerplus Corporation
ERF
- - $ 4.25 B canadaCanada
Matador Resources Company Matador Resources Company
MTDR
$ 52.12 0.5 % $ 6.49 B usaUSA
Murphy Oil Corporation Murphy Oil Corporation
MUR
$ 36.21 2.35 % $ 5.18 B usaUSA
Mexco Energy Corporation Mexco Energy Corporation
MXC
$ 11.14 1.92 % $ 22.8 M usaUSA
Nabors Industries Ltd. Nabors Industries Ltd.
NBR
$ 83.02 0.18 % $ 1.1 B bermudaBermuda
Falcon Minerals Corporation Falcon Minerals Corporation
FLMN
- -2.56 % $ 2.02 B usaUSA
Ovintiv Ovintiv
OVV
$ 59.73 1.55 % $ 15.4 B canadaCanada
Occidental Petroleum Corporation Occidental Petroleum Corporation
OXY
$ 57.36 1.86 % $ 56 B usaUSA
Precision Drilling Corporation Precision Drilling Corporation
PDS
$ 82.67 0.36 % $ 1.1 B canadaCanada
Black Stone Minerals, L.P. Black Stone Minerals, L.P.
BSM
$ 14.56 0.14 % $ 3.1 B usaUSA
PEDEVCO Corp. PEDEVCO Corp.
PED
$ 13.26 1.06 % $ 61.2 M usaUSA
Patterson-UTI Energy Patterson-UTI Energy
PTEN
$ 11.07 0.22 % $ 4.24 B usaUSA
Transocean Ltd. Transocean Ltd.
RIG
$ 5.47 0.09 % $ 5.25 B schweizSchweiz
Range Resources Corporation Range Resources Corporation
RRC
$ 38.77 1.15 % $ 9.23 B usaUSA
SandRidge Energy SandRidge Energy
SD
$ 14.03 0.14 % $ 516 M usaUSA
SM Energy Company SM Energy Company
SM
$ 34.31 1.15 % $ 3.95 B usaUSA
PDC Energy PDC Energy
PDCE
- - $ 7 B usaUSA
Texas Pacific Land Corporation Texas Pacific Land Corporation
TPL
$ 335.74 4.01 % $ 23.1 B usaUSA
Battalion Oil Corporation Battalion Oil Corporation
BATL
$ 1.1 0.92 % $ 18.1 M usaUSA
Vermilion Energy Vermilion Energy
VET
$ 11.68 0.52 % $ 1.8 B canadaCanada
Vista Oil & Gas, S.A.B. de C.V. Vista Oil & Gas, S.A.B. de C.V.
VIST
$ 70.25 1.2 % $ 7.79 B mexicoMexico
SilverBow Resources SilverBow Resources
SBOW
- - $ 861 M usaUSA
W&T Offshore W&T Offshore
WTI
$ 3.74 2.47 % $ 554 M usaUSA