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Ceiling test impairment$108,825,446 Depreciation, depletion andamortization$96,414,150 Proceeds from revolvingline of credit$231,822,997 Share-based compensation$6,135,957 Cash received (paid)for derivative...$5,452,300 Amortization of deferredfinancing costs$4,459,520 Accounts receivable-$4,452,926 Asset retirementobligation accretion$1,490,255 Accounts payable$474,744 Excess tax expense(benefit) related to...-$30,763 Credit loss expense$19,029 Proceeds from notespayable$1,648,539 Net cash provided byoperating activities$150,849,407 Net cash provided by(used in) financing...$27,688,364 Canceled cashflow$76,905,683 Canceled cashflow$205,783,172 Net increase(decrease) in cash-$963,482 Canceled cashflow$178,537,771 Insurance proceedsreceived for damage to oil...$260,446 Proceeds from sale offixed assets subject...$17,360 Proceeds fromdivestiture of oil and...$100 Net income (loss)-$34,731,199 (gain) loss onderivative contracts$31,658,839 Deferred income taxexpense (benefit)$7,858,446 Inventory$1,264,896 Settlement of assetretirement obligation-$904,493 (gain) loss on disposalof assets$446,400 Prepaid expenses andother assets$41,410 Payments on revolvingline of credit$196,822,997 Payment of deferredfinancing costs$5,647,107 Payments on notes payable$1,639,184 Payments for taxeswithheld on vested...$1,189,805 Reduction of financinglease liabilities$484,079 Net cash used ininvesting activities-$179,501,253 Canceled cashflow$277,906 Payments to develop oiland natural gas...$95,207,027 Payments foracquisitions-Lime Rock...$81,863,429 Payments to purchase oiland natural gas...$2,528,932 Payments to acquire orimprove fixed assets...$179,771
Cash Flow
source: myfinsight.com

RING ENERGY, INC. (REI)

RING ENERGY, INC. (REI)