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RRING ENERGY, INC.

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RING ENERGY, INC.

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Loading financials
Income statement income statement flow. Revenue $104.68M. Net result $64.79M.

Income statement revenue $104.68M (+26.7% YoY).Operating income $50.27M (+114.2% YoY).Pre-tax result $65.88M (+146.4% YoY).Net result $64.79M (+214.0% YoY).

  • Lease operating expenses: $18.41M (-9.1% YoY)
  • Ad valorem taxes: $2.2M (+33.6% YoY)
  • Oil and natural gas production taxes: $5.05M (+31.7% YoY)
  • Depreciation, depletion and amortization: $20.11M (-21.3% YoY)
  • Asset retirement obligation accretion: $401.94K (+5.2% YoY)
  • Operating lease expense: $175.09K (+0.0% YoY)
  • General and administrative expense: $7.95M (+11.4% YoY)
  • Other income: $15.61M (+377.8% YoY)
  • Income tax expense: $1.09M (-82.2% YoY)