Ring Energy (REI)
Permian Basin producer of oil, natural gas, and natural-gas liquids.
$1.53
Pre-market+0.03 (+2.00%)
At close$1.50(0.00%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100 | 95 | 99 | 89 | 83 | 79 | 83 | 79 | 67 | 74 | 105 |
| Cost of revenue | 50 | 49 | 49 | 53 | 51 | 48 | 32 | 24 | 48 | 28 | 26 |
| Gross profit | 50 | 45 | 50 | 37 | 32 | 31 | 51 | 54 | 19 | 46 | 79 |
| 9 | 8 | 8 | 7 | 8 | 9 | 28 | 109 | 8 | 26 | 29 | |
| 9 | 7 | 8 | 6 | 8 | 9 | 7 | 8 | 8 | 7 | 8 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 9 | 7 | 8 | 6 | 8 | 9 | 7 | 8 | 8 | 7 | 8 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 101 | 0 | 18 | 21 |
| Operating income | 41 | 38 | 42 | 30 | 24 | 22 | 23 | −55 | 11 | 20 | 50 |
| 18 | −30 | −13 | 14 | −16 | −10 | 3 | 16 | −27 | −253 | 16 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 12 | 11 | 11 | 9 | 10 | 9 | 12 | 10 | 14 | 9 | 8 |
| Other non-operating income | −29 | 20 | 3 | −23 | 2 | 2 | −15 | −26 | 13 | 244 | 24 |
| Income before tax | 59 | 7 | 29 | 44 | 7 | 12 | 27 | −39 | −17 | −233 | 66 |
| Income tax expense | 8 | 2 | 7 | 10 | 2 | 3 | 6 | 13 | −4 | −12 | 1 |
| Net income from continuing operations | 51 | 6 | 22 | 34 | 6 | 9 | 21 | −52 | −13 | −221 | 65 |
| Net income | 51 | 6 | 22 | 34 | 6 | 9 | 21 | −52 | −13 | −221 | 65 |
| EPS, basic | $0.26 | $0.03 | $0.11 | $0.17 | $0.03 | $0.05 | $0.10 | −$0.25 | −$0.06 | −$1.07 | $0.28 |
| EPS, diluted | $0.26 | $0.03 | $0.11 | $0.17 | $0.03 | $0.05 | $0.10 | −$0.25 | −$0.06 | −$1.07 | $0.27 |
| Weighted average shares, basic | 196 | 197 | 198 | 198 | 198 | 199 | 207 | 207 | 207 | 207 | 231 |
| Weighted average shares, diluted | 198 | 199 | 200 | 201 | 200 | 201 | 207 | 207 | 207 | 207 | 240 |
| EBITDA | 95 | 41 | 64 | 79 | 47 | 42 | 64 | −3 | 20 | −202 | 47 |
| Depreciation & amortization | 25 | 24 | 25 | 26 | 25 | 22 | 26 | 26 | 23 | 22 | 20 |
| EBIT | 70 | 17 | 39 | 53 | 22 | 20 | 38 | −29 | −3 | −224 | 26 |