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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›REI›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

RING ENERGY, INC. (REI) financials

Income statement

RING ENERGY, INC. (REI) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$30.9M$66.7M$120M$196M$113M$196M$347M$361M$366M$307M
Revenue growth—116.2%80.0%63.0%-42.2%73.7%76.9%4.0%1.5%-16.1%
Operating income-$57.0M$16.0M$20.0M$60.1M-$269M$95.8M$192M$146M$133M-$34.3M
Operating margin-184.9%23.9%16.6%30.7%-237.7%48.8%55.2%40.4%36.3%-11.2%
Net income-$37.6M$1.75M$9.00M$29.5M-$253M$3.32M$139M$105M$67.5M-$34.7M
Net margin-122.0%2.6%7.5%15.1%-224.2%1.7%39.9%29.0%18.4%-11.3%
EPS (diluted)-$0.97$0.03$0.15$0.44-$3.48$0.03$0.98$0.54$0.34-$0.17

Cash flow

RING ENERGY, INC. (REI) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$11.2M$42.8M$70.4M$107M$72.2M$72.7M$197M$198M$194M$151M

Balance sheet

RING ENERGY, INC. (REI) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$15.0M$3.36M$3.36M$10.0M$3.58M$2.41M$3.71M$296K$1.87M$903K
Total assets$308M$414M$567M$973M$663M$684M$1.27B$1.38B$1.41B$1.41B
Total liabilities$17.1M$57.5M$104M$449M$369M$384M$608M$590M$549M$576M
Shareholders' equity$291M$357M$463M$524M$295M$301M$661M$787M$859M$836M
Retained earnings-$44.7M-$41.4M-$32.4M-$2.86M-$256M-$253M-$114M-$9.45M$58.0M$23.3M
Shares (wtd avg diluted)38.7M52.8M60.8M66.8M72.9M121M142M195M200M205M

Every figure is extracted from RING ENERGY, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is RING ENERGY, INC.'s annual revenue?
RING ENERGY, INC. (REI) reported $307M of revenue for fiscal year 2025 — down 16.1% from $366M in FY2024, per its annual report filed with the SEC.
Is RING ENERGY, INC. profitable?
Not in FY2025 — REI reported a net loss of $34.7M, per SEC filings.
Does REI pay a dividend?
RING ENERGY, INC. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full REI analysis — verdict, score & filings →Is REI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.