Ring Energy, Inc.
REI · AMEX
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $366,327 | $361,056 | $347,250 | $196,306 |
| % Growth | 1.5% | 4% | 76.9% | – |
| Cost of Goods Sold | $202,406 | $184,661 | $127,427 | $83,737 |
| Gross Profit | $163,921 | $176,395 | $219,823 | $112,569 |
| % Margin | 44.7% | 48.9% | 63.3% | 57.3% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $29,640 | $29,189 | $27,095 | $16,068 |
| SG&A Expenses | $29,640 | $29,189 | $27,095 | $16,068 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $1,380 | $1,426 | $983 | $744 |
| Operating Expenses | $31,021 | $30,614 | $28,079 | $16,812 |
| Operating Income | $132,901 | $145,780 | $191,744 | $95,757 |
| % Margin | 36.3% | 40.4% | 55.2% | 48.8% |
| Other Income/Exp. Net | -$44,989 | -$40,791 | -$44,700 | -$92,344 |
| Pre-Tax Income | $87,911 | $104,990 | $147,044 | $3,413 |
| Tax Expense | $20,441 | $125 | $8,409 | $90 |
| Net Income | $67,470 | $104,865 | $138,635 | $3,323 |
| % Margin | 18.4% | 29% | 39.9% | 1.7% |
| EPS | 0.34 | 0.55 | 1.14 | 0.03 |
| % Growth | -38.2% | -51.8% | 3,700% | – |
| EPS Diluted | 0.34 | 0.54 | 0.98 | 0.03 |
| Weighted Avg Shares Out | 197,938 | 190,589 | 121,264 | 99,387 |
| Weighted Avg Shares Out Dil | 200,277 | 195,365 | 141,755 | 121,193 |
| Supplemental Information | – | – | – | – |
| Interest Income | $492 | $257 | $0 | $0 |
| Interest Expense | $43,312 | $43,927 | $23,168 | $14,490 |
| Depreciation & Amortization | $98,703 | $88,610 | $55,741 | $37,168 |
| EBITDA | $229,926 | $237,527 | $225,952 | $55,072 |
| % Margin | 62.8% | 65.8% | 65.1% | 28.1% |