Ring Energy, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:55:33Z
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EBITDA | 62.08M | 231.60M | 234.39M | 247.48M | 132.92M | -225.65M |
| Working Capital | -31.63M | -54.59M | -57.90M | -78.63M | -46.86M | -16.14M |
| Net Debt | 422.33M | 387.24M | 429.72M | 415.42M | 290.27M | 310.48M |
| Gross Margin | — | — | 99.87% | 99.47% | 97.79% | 96.38% |
| Operating Margin | -11.18% | 36.28% | 40.38% | 55.22% | 48.78% | -237.70% |
| Net Margin | -11.31% | 18.42% | 29.04% | 39.92% | 1.69% | -224.21% |
| Return on Equity (ROE) | -4.12% | 7.81% | 13.33% | 20.97% | 1.11% | -85.97% |
| Return on Assets (ROA) | -2.46% | 4.79% | 7.62% | 10.92% | 0.49% | -38.20% |
| Current Ratio | 0.66× | 0.48× | 0.49× | 0.45× | 0.39× | 0.56× |
| Debt-to-Equity | 0.50× | 0.45× | 0.55× | 0.63× | 0.97× | 1.07× |
| Effective Tax Rate | 17.67% | 23.25% | 0.12% | 5.72% | 2.65% | 2.31% |
| Cash Conversion Ratio | -4.34× | 2.88× | 1.89× | 1.42× | 21.89× | -0.28× |
| Accruals Ratio | -0.13× | -0.09× | -0.07× | -0.05× | -0.10× | -0.49× |
| SBC % of Revenue | 2.00% | 1.50% | 2.45% | 2.06% | 1.23% | 4.75% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 4.00× | 2.70× | 2.51× | 76.00× | — |
| EV / EBITDA | 9.71× | 2.84× | 3.06× | 3.42× | 3.90× | — |
| P/S | 0.59× | 0.74× | 0.80× | 1.24× | 1.16× | 0.50× |
| P/B | 0.21× | 0.31× | 0.37× | 0.65× | 0.76× | 0.19× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 307.18M | 366.33M | 361.06M | 347.25M | 196.31M | 113.03M |
| Cost of Goods and Services Sold | — | — | 457.57K | 1.83M | 4.33M | 4.09M |
| Operating Income (Loss) | -34.34M | 132.90M | 145.78M | 191.74M | 95.76M | -268.66M |
| Income Tax Expense (Benefit) | -7.45M | 20.44M | 125.24K | 8.41M | 90.34K | -6.00M |
| Net Income (Loss) Attributable to Parent | -34.73M | 67.47M | 104.86M | 138.64M | 3.32M | -253.41M |
| Earnings Per Share, Basic | $-0.17 | $0.34 | $0.55 | $1.14 | $0.03 | $-3.48 |
| Weighted Average Number of Shares Outstanding, Basic | 204.98M | 197.94M | 190.59M | 121.26M | 99.39M | 72.89M |
| Earnings Per Share, Diluted | $-0.17 | $0.34 | $0.54 | $0.98 | $0.03 | $-3.48 |
| Weighted Average Number of Shares Outstanding, Diluted | 204.98M | 200.28M | 195.36M | 141.75M | 121.19M | 72.89M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 902.91K | 1.87M | 296.38K | 3.71M | 2.41M | 3.58M |
| Assets, Current | 62.07M | 50.45M | 55.91M | 63.17M | 29.81M | 20.80M |
| Assets | 1.41B | 1.41B | 1.38B | 1.27B | 684.16M | 663.46M |
| Liabilities, Current | 93.70M | 105.04M | 113.81M | 141.79M | 76.67M | 36.94M |
| Liabilities | 569.89M | 549.46M | 589.91M | 607.90M | 383.53M | 368.69M |
| Stockholders' Equity Attributable to Parent | 842.01M | 864.37M | 786.58M | 661.10M | 300.62M | 294.77M |
| Common Stock, Shares, Outstanding | 207.66M | 198.56M | 196.84M | 175.53M | 100.19M | 85.87M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 150.85M | 194.42M | 198.17M | 196.98M | 72.73M | 72.16M |
| Net Cash Provided by (Used in) Investing Activities | -179.50M | -150.85M | -222.57M | -308.88M | -51.24M | -43.83M |
| Net Cash Provided by (Used in) Financing Activities | 27.69M | -42.00M | 20.99M | 113.21M | -22.66M | -34.75M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EBITDA | -120.42M | -2.16M | -29.78M | 49.05M | 44.97M | 48.17M |
| Working Capital | -88.59M | -31.63M | -45.80M | -35.90M | -55.08M | -54.59M |
| Net Debt | 427.37M | 422.33M | 431.56M | 452.53M | 462.35M | 387.24M |
| Operating Margin | -192.51% | -37.63% | -69.98% | 28.42% | 28.27% | 28.31% |
| Net Margin | -299.43% | -19.21% | -65.69% | 24.98% | 11.52% | 6.78% |
| Return on Equity (ROE) | -35.47% | -1.53% | -6.09% | 2.30% | 1.03% | 0.65% |
| Return on Assets (ROA) | -17.58% | -0.91% | -3.60% | 1.36% | 0.61% | 0.40% |
| Current Ratio | 0.40× | 0.66× | 0.55× | 0.63× | 0.47× | 0.48× |
| Debt-to-Equity | 0.69× | 0.50× | 0.51× | 0.50× | 0.53× | 0.45× |
| Effective Tax Rate | 5.15% | 22.83% | 19.87% | 22.84% | 25.03% | 24.17% |
| Cash Conversion Ratio | -0.12× | -3.48× | -2.06× | 2.99× | 3.11× | 8.36× |
| Accruals Ratio | -0.20× | -0.04× | -0.11× | -0.03× | -0.01× | -0.03× |
| SBC % of Revenue | 2.07% | 2.20% | 2.06% | 1.64% | 2.14% | 2.00% |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | 2.26× | 3.19× | 4.00× |
| EV / EBITDA | — | 9.71× | 5.85× | 3.11× | 3.25× | 2.84× |
| P/S | 1.06× | 0.59× | 0.70× | 0.49× | 0.68× | 0.74× |
| P/B | 0.52× | 0.21× | 0.27× | 0.18× | 0.27× | 0.31× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 73.67M | 66.88M | 78.60M | 82.60M | 79.09M | 83.44M |
| Operating Income (Loss) | -141.83M | -25.17M | -55.00M | 23.48M | 22.36M | 23.62M |
| Income Tax Expense (Benefit) | -11.99M | -3.80M | -12.80M | 6.11M | 3.04M | 1.80M |
| Net Income (Loss) Attributable to Parent | -220.59M | -12.85M | -51.63M | 20.63M | 9.11M | 5.66M |
| Earnings Per Share, Basic | $-1.06 | $-0.06 | $-0.25 | $0.10 | $0.05 | $0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 208.56M | 204.98M | 206.69M | 206.52M | 199.31M | 197.94M |
| Earnings Per Share, Diluted | $-1.06 | $-0.06 | $-0.25 | $0.10 | $0.05 | $0.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 208.56M | 204.98M | 206.69M | 206.98M | 201.07M | 200.28M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.04M | 902.91K | 286.91K | 0 | 1.10M | 1.87M |
| Assets, Current | 59.27M | 62.07M | 55.83M | 62.43M | 48.67M | 50.45M |
| Assets | 1.25B | 1.41B | 1.43B | 1.52B | 1.51B | 1.41B |
| Liabilities, Current | 147.86M | 93.70M | 101.62M | 98.33M | 103.75M | 105.04M |
| Liabilities | 632.74M | 569.89M | 587.02M | 618.44M | 629.64M | 549.46M |
| Stockholders' Equity Attributable to Parent | 621.98M | 842.01M | 847.66M | 897.90M | 881.70M | 864.37M |
| Common Stock, Shares, Outstanding | 209.40M | 207.66M | 207.22M | 206.54M | 206.51M | 198.56M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 25.89M | 44.69M | 106.16M | 61.67M | 28.37M | 47.28M |
| Net Cash Provided by (Used in) Investing Activities | -31.02M | -35.27M | -144.23M | -120.97M | -102.61M | -37.69M |
| Net Cash Provided by (Used in) Financing Activities | 5.27M | -8.80M | 36.49M | 57.43M | 73.47M | -7.72M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (REI CIK 0001384195),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.