InsiderClue
Stocks · Energy · Crude Petroleum & Natural Gas

RING ENERGY, INC.

REI Clue Score51
United States Fiscal year ends December CIK 0001384195
$1.31 -2.96% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $1.31 −66.32% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue30.9Operating income−57.0Net income−37.6EPS, diluted−0.97Fiscal year 2017Revenue66.7 +116.2%Operating income16.0Net income1.8EPS, diluted0.03Fiscal year 2018Revenue120.1 +80.0%Operating income20.0Net income9.0 +413.1%EPS, diluted0.15Fiscal year 2019Revenue195.7 +63.0%Operating income60.1Net income29.5 +227.7%EPS, diluted0.44Fiscal year 2020Revenue113.0 −42.2%Operating income−268.7Net income−253.4 −959.1%EPS, diluted−3.48Fiscal year 2021Revenue196.3 +73.7%Operating income95.8Net income3.3EPS, diluted0.03Fiscal year 2022Revenue347.2 +76.9%Operating income191.7Net income138.6 +4,072.1%EPS, diluted0.98Fiscal year 2023Revenue361.1 +4.0%Operating income145.8Net income104.9 −24.4%EPS, diluted0.54Fiscal year 2024Revenue366.3 +1.5%Operating income132.9Net income67.5 −35.7%EPS, diluted0.34Fiscal year 2025Revenue307.2 −16.1%Operating income−34.3Net income−34.7 −151.5%EPS, diluted−0.17
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 30.9 66.7 120.1 195.7 113.0 196.3 347.2 361.1 366.3 307.2
Growth +116.2% +80.0% +63.0% −42.2% +73.7% +76.9% +4.0% +1.5% −16.1%
Operating income −57.0 16.0 20.0 60.1 −268.7 95.8 191.7 145.8 132.9 −34.3
Net income −37.6 1.8 9.0 29.5 −253.4 3.3 138.6 104.9 67.5 −34.7
Growth +413.1% +227.7% −959.1% +4,072.1% −24.4% −35.7% −151.5%
EPS, diluted −0.97 0.03 0.15 0.44 −3.48 0.03 0.98 0.54 0.34 −0.17

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−184.9%Net margin−122.0%Fiscal year 2017Operating margin23.9%Net margin2.6%Fiscal year 2018Operating margin16.6%Net margin7.5%Fiscal year 2019Operating margin30.7%Net margin15.1%Fiscal year 2020Operating margin−237.7%Net margin−224.2%Fiscal year 2021Operating margin48.8%Net margin1.7%Fiscal year 2022Operating margin55.2%Net margin39.9%Fiscal year 2023Operating margin40.4%Net margin29.0%Fiscal year 2024Operating margin36.3%Net margin18.4%Fiscal year 2025Operating margin−11.2%Net margin−11.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −184.9% 23.9% 16.6% 30.7% −237.7% 48.8% 55.2% 40.4% 36.3% −11.2%
Net margin −122.0% 2.6% 7.5% 15.1% −224.2% 1.7% 39.9% 29.0% 18.4% −11.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow11.2Fiscal year 2017Operating cash flow42.8Fiscal year 2018Operating cash flow70.4Fiscal year 2019Operating cash flow106.6Fiscal year 2020Operating cash flow72.2Fiscal year 2021Operating cash flow72.7Fiscal year 2022Operating cash flow197.0Fiscal year 2023Operating cash flow198.2Fiscal year 2024Operating cash flow194.4Fiscal year 2025Operating cash flow150.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 11.2 42.8 70.4 106.6 72.2 72.7 197.0 198.2 194.4 150.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash15.0Shareholders’ equity290.5Fiscal year 2017Cash3.4Shareholders’ equity356.6Fiscal year 2018Cash3.4Shareholders’ equity462.6Fiscal year 2019Cash10.0Shareholders’ equity523.5Fiscal year 2020Cash3.6Shareholders’ equity294.8Fiscal year 2021Cash2.4Shareholders’ equity300.6Fiscal year 2022Cash3.7Shareholders’ equity661.1Fiscal year 2023Cash0.3Shareholders’ equity786.6Fiscal year 2024Cash1.9Shareholders’ equity858.6Fiscal year 2025Cash0.9Shareholders’ equity836.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 15.0 3.4 3.4 10.0 3.6 2.4 3.7 0.3 1.9 0.9
Shareholders’ equity 290.5 356.6 462.6 523.5 294.8 300.6 661.1 786.6 858.6 836.3

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
30.9 66.7 120.1 195.7 113.0 196.3 347.2 361.1 366.3 307.2
Growth +116.2% +80.0% +63.0% −42.2% +73.7% +76.9% +4.0% +1.5% −16.1%
9.9 16.0 27.8 2.9 4.1 4.3 1.8 0.5 n/a n/a
8.0 10.5 12.9 19.9 16.9 16.1 27.1 29.2 29.6 31.9
−57.0 16.0 20.0 60.1 −268.7 95.8 191.7 145.8 132.9 −34.3
Growth +25.0% +201.3% −546.8% +100.2% −24.0% −8.8% −125.8%
−57.6 12.2 12.4 43.3 −259.4 3.4 147.0 105.0 87.9 −42.2
−20.0 10.4 3.4 13.8 −6.0 0.1 8.4 0.1 20.4 −7.5
−37.6 1.8 9.0 29.5 −253.4 3.3 138.6 104.9 67.5 −34.7
Growth +413.1% +227.7% −959.1% +4,072.1% −24.4% −35.7% −151.5%
Per share
−0.97 0.03 0.15 0.44 −3.48 0.03 1.14 0.55 0.34 −0.17
−0.97 0.03 0.15 0.44 −3.48 0.03 0.98 0.54 0.34 −0.17
Growth +400.0% +193.3% −890.9% +3,166.7% −44.9% −37.0% −150.0%
38.7 51.4 59.5 66.6 72.9 99.4 121.3 190.6 197.9 205.0
38.7 52.8 60.8 66.8 72.9 121.2 141.8 195.4 200.3 205.0
Growth +36.4% +15.2% +9.7% +9.2% +66.3% +17.0% +37.8% +2.5% +2.4%

† The diluted share count jumps at 2021, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 22.1% a year over five years.
  • Operating margin is up 226.5 points on five years ago, at -11.2%.
  • A net loss in 3 of 10 years on file.