For the year ending 2025-12-31, REI made $307,178,072 in revenue. -$34,731,199 in net income. Net profit margin of -11.31%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Oil, natural gas, and natural gas liquids revenues | 307,178,072 | |||
| Lease operating expenses | 79,353,806 | |||
| Gathering, transportation and processing costs | 585,087 | |||
| Ad valorem taxes | 7,906,586 | |||
| Oil and natural gas production taxes | 14,312,232 | |||
| Depreciation, depletion and amortization | 96,414,150 | |||
| Ceiling test impairment | 108,825,446 | |||
| Asset retirement obligation accretion | 1,490,255 | |||
| Operating lease expense | 700,362 | |||
| General and administrative expense | 31,928,576 | |||
| Total costs and operating expenses | 341,516,500 | |||
| Income (loss) from operations | -34,338,428 | |||
| Interest income | 290,879 | |||
| Interest (expense) | 40,430,929 | |||
| Gain (loss) on derivative contracts | 31,658,839 | |||
| Gain (loss) on disposal of assets | 446,400 | |||
| Other income | 189,294 | |||
| Net other income (expense) | -7,845,517 | |||
| Income (loss) before benefit from (provision for) income taxes | -42,183,945 | |||
| Benefit from (provision for) income taxes | -7,452,746 | |||
| Net income (loss) | -34,731,199 | |||
| Basic EPS | -0.17 | |||
| Diluted EPS | -0.17 | |||
| Basic Average Shares | 204,984,223 | |||
| Diluted Average Shares | 204,984,223 | |||
RING ENERGY, INC. (REI)
RING ENERGY, INC. (REI)