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rei: the income statement
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Net income (loss)
-$51,631,530
(-252.40%↓ Y/Y)
Benefit from (provision
for) income taxes
-$12,800,947
(-226.89%↓ Y/Y)
Income (loss) before
benefit from (provision...
-$64,432,477
(-246.55%↓ Y/Y)
Natural gas liquids
$1,969,906
(-26.70%↓ Y/Y)
Oil
$78,884,753
(-12.75%↓ Y/Y)
Net other income
(expense)
-$9,428,120
(-166.77%↓ Y/Y)
Income (loss) from
operations
-$55,004,357
(-284.30%↓ Y/Y)
Gain (loss) on
disposal of assets
$105,642
Gain (loss) on
derivative contracts
$444,305
(-98.20%↓ Y/Y)
Interest income
$74,253
(-48.33%↓ Y/Y)
Oil, natural gas, and
natural gas liquids...
$78,601,336
(-11.93%↓ Y/Y)
Natural gas
-$2,253,323
(41.62%↑ Y/Y)
Interest (expense)
$10,052,320
(-6.53%↓ Y/Y)
Total costs and
operating expenses
$133,605,693
(124.93%↑ Y/Y)
General and
administrative expense
$8,139,771
(26.76%↑ Y/Y)
Operating lease expense
$175,091
(0.00%↑ Y/Y)
Asset retirement
obligation accretion
$390,563
(10.27%↑ Y/Y)
Ceiling test impairment
$72,912,330
Depreciation, depletion and
amortization
$25,225,345
(-1.70%↓ Y/Y)
Oil and natural gas
production taxes
$3,670,987
(-12.68%↓ Y/Y)
Ad valorem taxes
$2,446,565
(13.03%↑ Y/Y)
Gathering, transportation
and processing...
$126,569
(23.58%↑ Y/Y)
Lease operating
expenses
$20,518,472
(1.00%↑ Y/Y)
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Income Statement
source: myfinsight.com
RING ENERGY, INC. (REI)
RING ENERGY, INC. (REI)