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REI

Ring Energy Inc

$2.01

Earnings Summary

Revenue
$99.94Mn
Net Profits
$50.9Mn
Net Profit Margins
50.93%

Highlights

Revenue:

Ring Energy Inc’s revenue jumped 0.25% since last year same period to $99.94Mn in the Q4 2023. On a quarterly growth basis, Ring Energy Inc has generated 6.68% jump in its revenue since last 3-months.

Net Profits:

Ring Energy Inc’s net profit jumped 251.19% since last year same period to $50.9Mn in the Q4 2023. On a quarterly growth basis, Ring Energy Inc has generated 775.09% jump in its net profits since last 3-months.

Net Profit Margins:

Ring Energy Inc’s net profit margin jumped 250.33% since last year same period to 50.93% in the Q4 2023. On a quarterly growth basis, Ring Energy Inc has generated 732.8% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ring Energy Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.1
EPS Estimate Current Year
0.1

Highlights

EPS Estimate Current Quarter:

Ring Energy Inc’s earning per share (EPS) estimates for the current quarter stand at 0.1 - a -16.67% fall from last quarter’s estimates.

EPS Estimate Current Year:

Ring Energy Inc’s earning per share (EPS) estimates for the current year stand at 0.1.

Key Ratios

Key ratios of the Ring Energy Inc post its Q4 2023 earnings

Earning Per Share (EPS)
0.11

Highlights

Earning Per Share (EPS):

Ring Energy Inc’s earning per share (EPS) fell -15.38% since last year same period to 0.11 in the Q4 2023. This indicates that the Ring Energy Inc has generated -15.38% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-11-02
0.12
0.13
8.33%
2024-03-07
0.12
0.11
-8.33%
2023-05-03
0.11
0.14
27.27%
2023-08-03
0.11
0.14
27.27%