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Net income (loss)
-$34,731,199
Benefit from (provision
for) income taxes
-$7,452,746
Income (loss) before
benefit from (provision...
-$42,183,945
Oil
$307,553,614
Natural gas liquids
$8,922,072
Income (loss) from
operations
-$34,338,428
Net other income
(expense)
-$7,845,517
Oil, natural gas, and
natural gas liquids...
$307,178,072
Gain (loss) on
derivative contracts
$31,658,839
Gain (loss) on
disposal of assets
$446,400
Interest income
$290,879
Other income
$189,294
Natural gas
-$9,297,614
Total costs and
operating expenses
$341,516,500
Interest (expense)
$40,430,929
Ceiling test impairment
$108,825,446
Depreciation, depletion and
amortization
$96,414,150
Lease operating
expenses
$79,353,806
General and
administrative expense
$31,928,576
Oil and natural gas
production taxes
$14,312,232
Ad valorem taxes
$7,906,586
Asset retirement
obligation accretion
$1,490,255
Operating lease expense
$700,362
Gathering, transportation
and processing...
$585,087
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Income Statement
source: myfinsight.com
RING ENERGY, INC. (REI)
RING ENERGY, INC. (REI)