For the quarter ending 2025-09-30, REI has $1,434,672,593 in assets. $587,015,731 in debts. $286,907 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 286,907 | 0 | ||
| Accounts receivable | 34,504,883 | 38,729,543 | ||
| Joint interest billing receivables, net | 917,575 | 781,362 | ||
| Derivative assets | 12,854,010 | 14,815,235 | ||
| Inventory | 4,985,360 | 5,384,553 | ||
| Prepaid expenses and other assets | 2,277,737 | 2,716,824 | ||
| Total current assets | 55,826,472 | 62,427,517 | ||
| Oil and natural gas properties, full cost method | 1,902,517,373 | 1,949,768,881 | ||
| Financing lease asset subject to depreciation | 3,685,956 | 3,712,233 | ||
| Fixed assets subject to depreciation | 3,500,386 | 3,494,678 | ||
| Total properties and equipment | 1,909,703,715 | 1,956,975,792 | ||
| Accumulated depreciation, depletion and amortization | 546,561,770 | 521,741,945 | ||
| Net properties and equipment | 1,363,141,945 | 1,435,233,847 | ||
| Operating lease asset | 1,443,170 | 1,599,335 | ||
| Derivative assets | 4,232,434 | 6,613,480 | ||
| Deferred financing costs | 10,028,572 | 10,456,692 | ||
| Total assets | 1,434,672,593 | 1,516,330,871 | ||
| Accounts payable | 86,459,022 | 82,422,634 | ||
| Income tax liability | 305,124 | 675,352 | ||
| Financing lease liability | 728,762 | 724,527 | ||
| Operating lease liability | 633,264 | 674,927 | ||
| Derivative liabilities | 2,277,994 | 2,322,147 | ||
| Notes payable | 1,001,829 | 1,488,419 | ||
| Deferred cash payment | 9,800,376 | 9,604,736 | ||
| Asset retirement obligations | 418,526 | 414,974 | ||
| Total current liabilities | 101,624,897 | 98,327,716 | ||
| Deferred income taxes | 24,615,831 | 37,456,550 | ||
| Revolving line of credit | 428,000,000 | 448,000,000 | ||
| Financing lease liability, less current portion | 547,064 | 580,604 | ||
| Operating lease liability, less current portion | 940,853 | 1,061,124 | ||
| Derivative liabilities | 1,708,221 | 3,864,413 | ||
| Asset retirement obligations | 29,578,865 | 29,144,695 | ||
| Total liabilities | 587,015,731 | 618,435,102 | ||
| Common stock - 0.001 par value 450,000,000 shares authorized 207,223,177 shares and 198,561,378 shares issued and outstanding, respectively | 207,223 | 206,542 | ||
| Additional paid-in capital | 811,313,842 | 809,921,900 | ||
| Retained earnings (accumulated deficit) | 36,135,797 | 87,767,327 | ||
| Total stockholders equity | 847,656,862 | 897,895,769 | ||
| Total liabilities and stockholders' equity | 1,434,672,593 | 1,516,330,871 | ||
RING ENERGY, INC. (REI)
RING ENERGY, INC. (REI)