Last quarter (Q3 2023), Ring Energy's total revenue was $93.68M, a decrease of -0.77% from the same quarter last year. In Q3, Ring Energy's net income was $-7.54M. See Ring Energy’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Mar 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 272.73M	$ 88.08M	$ 347.25M	$ 196.31M	$ 113.03M	$ 195.70M
Cost of Revenue	$ -14.21M	$ -823.00	$ -1.83M	$ 83.21M	$ 85.21M	$ 114.76M
Gross Profit	$ 501.31M	$ 68.94M	$ 293.05M	$ 113.09M	$ 27.82M	$ 80.95M
Operating Expense	$ 100.58M	$ 32.92M	$ 100.33M	$ 17.34M	$ 18.98M	$ 20.81M
Operating Income	$ 380.94M	$ 36.02M	$ 192.73M	$ 95.76M	$ 8.84M	$ 60.14M
Net Non Operating Interest Income Expense	$ -380.27K	$ -10.39M	$ -23.17M	$ -14.49M	$ -17.62M	$ -13.85M
Other Income Expense	$ 300.87M	$ -9.48M	$ 21.53M	$ -77.85M	$ -250.64M	$ -3.00M
Pretax Income	$ 28.52M	$ 34.75M	$ 147.04M	$ 3.41M	$ -259.41M	$ 43.28M
Tax Provision	$ -7.23M	$ 2.03M	$ 8.41M	$ 90.34K	$ -6.00M	$ 13.79M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 35.75M	$ 32.72M	$ 138.64M	$ 3.32M	$ -253.41M	$ 29.50M
Basic EPS	$ 0.14	$ 0.18	$ 1.14	$ 0.03	$ -3.48	$ 0.44
Diluted EPS	$ 0.22	$ 0.17	$ 0.98	$ 0.03	$ -3.48	$ 0.44
Basic Average Shares	$ 509.70M	$ 177.98M	$ 121.26M	$ 99.39M	$ 72.89M	$ 66.57M
Diluted Average Shares	$ 532.98M	$ 190.14M	$ 141.75M	$ 121.19M	$ 72.89M	$ 66.76M
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	$ 0.31	-	-
Reported Normalized Diluted E P S	-	-	-	-	$ 0.28	-
Rent Expense Supplemental	-	-	-	$ 523.49K	$ 1.20M	-
Total Expenses	$ 86.37M	$ 32.92M	$ 98.50M	$ 100.55M	$ 104.18M	$ 135.57M
Interest Expense	-	-	-	$ 14.49M	$ 17.62M	$ 13.87M
Net Income From Continuing And Discontinued Operation	$ 35.75M	$ 32.72M	$ 138.64M	$ 3.32M	$ -253.41M	$ 29.50M
Normalized Income	$ 2.20M	-	-	$ 79.12M	$ -8.57M	$ 31.54M
EBIT	$ 65.18M	$ 45.14M	$ 170.21M	$ 17.90M	$ -241.80M	$ 57.15M
EBITDA	$ 128.92M	$ 66.41M	$ 225.95M	$ 55.07M	$ -198.78M	$ 113.35M

Currency in USD

Ring Energy Earnings and Revenue History

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