Ring Energy Revenue, Profits - REI Quarterly Income Statement

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$12.01 $0.04 (0.33%) REI stock closing price Aug 17, 2018 (Closing)

Fundamental analysis of REI stock involves analyzing its financial statements, apart from checking the Ring Energy stock price. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. Like any other income statement, the REI income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue growth of 0.1% when compared to the same period in the past. Along with Ring Energy assets and Ring Energy free cash flow, Ring Energy profits as shown in profit and loss statement give key insights about the business. The net profit for 2018 Q2 is $4.72M and the 2018 Q2 revenue is $29.92M.

View and download details of revenue and profits for Ring Energy for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Ring Energy Revenues or Net Sales
29.92M29.89M23.31M16.64M14.5M12.24M9.83M7.82M7.11M6.09M
Cost Of Goods Sold (COGS)8.07M7.2M6.61M5.04M4.2M3.28M3.34M2.71M2.54M2.78M
Ring Energy Gross Profit
21.86M22.68M16.73M11.59M10.29M8.95M6.51M5.1M4.56M3.3M
Research & Development Expense----------
Selling General & Admin Expense3.15M3.08M2.95M2.36M2.36M2.84M2.01M11.53M27.37M23.63M
Income Before Depreciation Depletion Amortization18.71M19.59M13.79M9.22M7.93M6.11M4.49M-6.42M-22.81M-20.32M
Depreciation Depletion Amortization9.31M8.66M7.24M4.93M5.3M3.61M3.08M2.69M2.7M3.5M
Non Operating Income-3.42M-2.25M-4.09M----0.03M---
Interest Expense----------
Ring Energy Pretax Income
5.98M8.63M2.46M4.44M2.66M2.61M1.35M-9.21M-25.52M-24.24M
Provision for Income Taxes1.26M2.96M6.96M1.36M-1.34M1.83M-3.26M-9.58M-8.97M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations4.72M5.67M-4.51M3.07M1.91M1.28M-0.48M-5.94M-15.94M-15.28M
Extraordinary Items & Discontinued Operations----------
Ring Energy Profit/ Loss (Net Income)
4.72M5.67M-4.51M3.07M1.91M1.28M-0.48M-5.94M-15.94M-15.28M
Average Shares used to compute Diluted EPS61.96M57.95M55.65M54.37M50.47M50.41M43.81M41.92M38.63M30.39M
Average Shares used to compute Basic EPS60.39M56.42M54.18M53.01M49.16M49.12M43.81M41.92M38.63M30.39M
Income Before Nonrecurring Items5.59M6.46M5.07M3.07M1.91M1.28M-0.48M--0.11M-1.9M
Income from Nonrecurring Items-0.87M-0.79M-9.58M-----6.29M-15.84M-13.37M
Ring Energy Earnings Per Share Basic Net
0.080.10-0.080.060.040.03-0.01-0.14-0.41-0.50
Ring Energy Earnings Per Share Diluted Net
0.080.10-0.080.060.040.03-0.01-0.14-0.41-0.50
EPS Diluted Before Nonrecurring Items0.090.110.090.060.040.03-0.010.010.00-0.06
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
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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It is very helpful to read a report on Ring Energy stock analysis. An investor must check the following items in an income statement:

  • Revenue: This is the inflow that is generated from the sale of goods or services and is $29.92M for this quarter of 2018 Q2. 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: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $4.72M for REI stock. An improving bottomline implies that the company is growing its profits.

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)
75.06
PS Ratio (price sales ratio)
7.27
Operating Margin
31.4
Net Profit Margin
15.8
Dividend Yield
0%