RING ENERGY, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $307.2M | $366.3M | $361.1M | $347.2M | $196.3M |
| Cost of revenue | — | — | $457,573 | $1.8M | $4.3M |
| Operating income | -$34.3M | $132.9M | $145.8M | $191.7M | $95.8M |
| Interest expense | $40.4M | $43.3M | $43.9M | $23.2M | $14.5M |
| Pretax income | -$42.2M | $87.9M | $105.0M | $147.0M | $3.4M |
| Income tax expense | -$7.5M | $20.4M | $125,242 | $8.4M | $90,342 |
| Net income | -$34.7M | $67.5M | $104.9M | $138.6M | $3.3M |
| Balance Sheet | |||||
| Cash and equivalents | $902,913 | $1.9M | $296,384 | $3.7M | $2.4M |
| Current assets | $62.1M | $50.4M | $55.9M | $63.2M | $29.8M |
| Total assets | $1.4B | $1.4B | $1.4B | $1.3B | $684.2M |
| Current liabilities | $101.0M | $105.0M | $113.8M | $141.8M | $76.7M |
| Total liabilities | $575.6M | $549.5M | $589.9M | $607.9M | $383.5M |
| Stockholders' equity | $836.3M | $858.6M | $786.6M | $661.1M | $300.6M |
| Cash Flow Statement | |||||
| Cash from operations | $150.8M | $194.4M | $198.2M | $197.0M | $72.7M |
| Depreciation and amortization | $96.4M | $98.7M | $88.6M | $55.7M | $37.2M |
| Stock-based compensation | $6.1M | $5.5M | $8.8M | $7.2M | $2.4M |
| Impairments | $108.8M | $0 | $0 | $0 | $0 |
Shares outstanding 209.4M · Free float 45.0%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.