For the year ending 2025-12-31, REI had -$963,482 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -34,731,199 |
| Depreciation, depletion and amortization | 96,414,150 |
| Ceiling test impairment | 108,825,446 |
| Asset retirement obligation accretion | 1,490,255 |
| Amortization of deferred financing costs | 4,459,520 |
| Share-based compensation | 6,135,957 |
| Credit loss expense | 19,029 |
| (gain) loss on disposal of assets | 446,400 |
| Deferred income tax expense (benefit) | 7,858,446 |
| Excess tax expense (benefit) related to share-based compensation | -30,763 |
| (gain) loss on derivative contracts | 31,658,839 |
| Cash received (paid) for derivative settlements, net | 5,452,300 |
| Accounts receivable | -4,452,926 |
| Inventory | 1,264,896 |
| Prepaid expenses and other assets | 41,410 |
| Accounts payable | 474,744 |
| Settlement of asset retirement obligation | -904,493 |
| Net cash provided by operating activities | 150,849,407 |
| Payments for acquisitions-Stronghold Acquisition | 0 |
| Payments for acquisitions-Founders Acquisition | 0 |
| Payments for acquisitions-Lime Rock Acquisition | 81,863,429 |
| Payments to purchase oil and natural gas properties | 2,528,932 |
| Payments to develop oil and natural gas properties | 95,207,027 |
| Payments to acquire or improve fixed assets subject to depreciation | 179,771 |
| Proceeds from sale of fixed assets subject to depreciation | 17,360 |
| Proceeds from divestiture of oil and natural gas properties | 100 |
| Proceeds from sale of properties-Delaware Basin | 0 |
| Proceeds from sale of new mexico properties-New Mexico Divestiture | 0 |
| Proceeds from sale of properties-CBPVertical Wells | 0 |
| Insurance proceeds received for damage to oil and natural gas properties | 260,446 |
| Net cash used in investing activities | -179,501,253 |
| Proceeds from revolving line of credit | 231,822,997 |
| Payments on revolving line of credit | 196,822,997 |
| Proceeds from issuance of common stock and warrants | 0 |
| Payments for taxes withheld on vested restricted shares, net | 1,189,805 |
| Proceeds from notes payable | 1,648,539 |
| Payments on notes payable | 1,639,184 |
| Payment of deferred financing costs | 5,647,107 |
| Reduction of financing lease liabilities | 484,079 |
| Net cash provided by (used in) financing activities | 27,688,364 |
| Net increase (decrease) in cash | -963,482 |
| Cash at beginning of period | 1,866,395 |
| Cash at end of period | 902,913 |
RING ENERGY, INC. (REI)
RING ENERGY, INC. (REI)