Ring Energy financials
$1.29−1.53%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $307.2M | $366.3M | $361.1M | $347.2M | $196.3M | $113.0M | $195.7M | $120.1M | $66.7M | $30.9M |
| Gross profit | $307.2M | $366.3M | $361.1M | $345.4M | $192.0M | $108.9M | $192.8M | $92.3M | $50.7M | $21.0M |
| Gross margin | 100.0% | 100.0% | 100.0% | 99.5% | 97.8% | 96.4% | 98.5% | 76.8% | 76.0% | 68.0% |
| Operating income | -$34.3M | $132.9M | $145.8M | $191.7M | $95.8M | -$268.7M | $60.1M | $20.0M | $16.0M | -$57.0M |
| Net income | -$34.7M | $67.5M | $104.9M | $138.6M | $3.3M | -$253.4M | $29.5M | $9.0M | $1.8M | -$37.6M |
| Net margin | −11.3% | 18.4% | 29.0% | 39.9% | 1.7% | −224.2% | 15.1% | 7.5% | 2.6% | −122.0% |
| Diluted EPS | $-0.17 | $0.34 | $0.54 | $0.98 | $0.03 | $-3.48 | $0.44 | $0.15 | $0.03 | $-0.97 |
| EBITDA | $170.9M | $231.6M | $234.4M | $247.5M | $132.9M | $51.9M | $116.3M | $73.2M | $36.5M | $11.0M |
| Operating cash flow | $150.8M | $194.4M | $198.2M | $197.0M | $72.7M | $72.2M | $106.6M | $70.4M | $42.8M | $11.2M |
| Free cash flow | $52.9M | $38.1M | $43.0M | $65.8M | $19.5M | $28.3M | -$48.9M | -$133.2M | -$115.1M | -$27.1M |
| Diluted shares | 205.0M | 200.3M | 195.4M | 141.8M | 121.2M | 72.9M | 66.8M | 60.8M | 52.8M | 38.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $902.9K | $1.9M | $296.4K | $3.7M | $2.4M | $3.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $421.8M | $387.0M | $427.4M | $417.3M | $291.2M | $313.4M |
| Total assets | $1.41B | $1.41B | $1.38B | $1.27B | $684.2M | $663.5M |
| Total liabilities | $569.9M | $549.5M | $589.9M | $607.9M | $383.5M | $368.7M |
| Shareholders' equity | $842.0M | $858.6M | $786.6M | $661.1M | $300.6M | $294.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology