Ring Energy Revenue, Profits - REI Annual Income Statement

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$11.69 $0.45 (3.71%) REI stock closing price Aug 13, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Ring Energy stock price. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 30.85M to 66.69M and how operating and non operating activities have impacted the REI stock. The Ring Energy profit and loss statement for 2017 shows a net profit of $1.75M. Profits for last year was $-37.63M. Apart from this an investor should also check Ring Energy assets and Ring Energy free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Ring Energy Revenues or Net Sales
66.69M30.85M31.01M38.08M10.31M1.75M----
Cost Of Goods Sold (COGS)19.13M11.37M11.42M6.75M1.68M-----
Ring Energy Gross Profit
47.56M19.47M19.58M31.33M8.63M-----
Research & Development Expense----------
Selling General & Admin Expense10.51M64.54M17.3M6.8M6.68M2.39M----
Income Before Depreciation Depletion Amortization37.05M-45.06M2.27M24.53M1.94M-1.5M-0.32M-0.05M--0.12M
Depreciation Depletion Amortization21.08M11.97M15.59M11.96M2.33M-----
Non Operating Income-3.79M-------0.01M--
Interest Expense----------
Ring Energy Pretax Income
12.17M-57.62M-14.05M12.65M-0.37M-1.96M-0.32M-0.07M--0.12M
Provision for Income Taxes10.41M-19.98M-5M4.23M--0.3M----
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.75M-37.63M-9.05M8.42M-0.45M-1.66M-0.32M-0.07M--0.12M
Extraordinary Items & Discontinued Operations----------
Ring Energy Profit/ Loss (Net Income)
1.75M-37.63M-9.05M8.42M-0.45M-1.66M-0.32M-0.07M--0.12M
Average Shares used to compute Diluted EPS52.81M38.71M28.18M25.89M16.38M-----
Average Shares used to compute Basic EPS51.38M38.71M28.18M24.74M16.38M-----
Income Before Nonrecurring Items11.29M-0.87M-3.14M8.42M-0.45M-----
Income from Nonrecurring Items-9.53M-36.77M-5.92M-------
Ring Energy Earnings Per Share Basic Net
0.03-0.97-0.320.34-0.03-----
Ring Energy Earnings Per Share Diluted Net
0.03-0.97-0.320.33-0.03-----
EPS Diluted Before Nonrecurring Items0.21-0.02-0.110.33-0.03-----
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Ring Energy stock analysis are:

  • Revenue: This is the inflow that is generated from the sale of goods or services and is $66.69M for this year of 2017. Our Ring Energy revenue chart gives a clear visual representation of how the topline or sales growth has been. Investors often invest only in those companies where the revenue is growing at a steady rate.
  • Bottom line: Most businesses like Ring Energy try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called the profit and loss statement. Apart from the REI income statement, one can check the Ring Energy historical stock prices to check how the price has moved with time.

Ring Energy Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
97.42
PS Ratio (price sales ratio)
7.82
Operating Margin
36.6
Net Profit Margin
19
Dividend Yield
0%