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Oil
$110,167,205
(33.09%↑ Y/Y)
Natural gas liquids
$3,693,665
(79.02%↑ Y/Y)
Oil, natural gas, and
natural gas liquids...
$104,681,489
(26.73%↑ Y/Y)
Gain (loss) on
derivative contracts
$23,724,426
(61.96%↑ Y/Y)
Natural gas
-$9,179,381
(-309.99%↓ Y/Y)
Interest income
$148,540
(113.24%↑ Y/Y)
Gain (loss) on
disposal of assets
$104,150
(-32.93%↓ Y/Y)
Other income
$9,600
(-93.63%↓ Y/Y)
Income (loss) from
operations
$50,274,192
(114.15%↑ Y/Y)
Net other income
(expense)
$15,607,164
(377.81%↑ Y/Y)
Total costs and
operating expenses
$54,407,297
(-7.98%↓ Y/Y)
Interest (expense)
$8,379,552
(-28.73%↓ Y/Y)
Income (loss) before
benefit from (provision...
$65,881,356
(146.36%↑ Y/Y)
Depreciation, depletion and
amortization
$20,114,890
(-21.33%↓ Y/Y)
Lease operating
expenses
$18,409,462
(-9.07%↓ Y/Y)
General and
administrative expense
$7,954,230
(11.43%↑ Y/Y)
Oil and natural gas
production taxes
$5,047,619
(31.70%↑ Y/Y)
Ad valorem taxes
$2,202,160
(33.57%↑ Y/Y)
Asset retirement
obligation accretion
$401,944
(5.15%↑ Y/Y)
Operating lease expense
$175,090
(0.00%↑ Y/Y)
Gathering, transportation
and processing...
$101,902
(-23.85%↓ Y/Y)
Net income (loss)
$64,793,310
(214.00%↑ Y/Y)
Benefit from (provision
for) income taxes
$1,088,046
(-82.18%↓ Y/Y)
Back
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Income Statement
RING ENERGY, INC. (REI)
RING ENERGY, INC. (REI)
source: myfinsight.com