Ring energy, inc. (REI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Oil and Gas Revenues

195,702

120,065

66,699

30,850

31,013

38,089

10,315

1,757

2

8

Costs and Operating Expenses
Oil and gas production costs

48,496

27,801

15,978

9,867

9,958

4,993

1,207

785

-0

-8

Oil and gas production taxes

9,130

5,631

3,152

1,504

1,468

1,760

476

82

-

-

Depreciation, depletion and amortization

56,204

39,024

20,517

11,483

15,175

11,807

2,284

506

0

-1

Ceiling test impairment

0

14,172

0

56,513

9,312

0

0

-

-

-

Asset retirement obligation accretion

943

606

567

487

418

154

53

20

-

-

Lease expense

925

-

-

-

-

-

-

-

-

-

Results from oil and gas operations

-

-

-

-

-

-

-

-

2

-1

Accounting and legal

-

-

-

-

-

-

-

-

28

19

Advertising and promotion

-

-

-

-

-

-

-

-

0

0

Consulting

-

-

-

-

-

-

-

-

10

5

Management and director fees

-

-

-

-

-

-

-

-

15

15

Transfer agent and filing

-

-

-

-

-

-

-

-

6

1

Rent

-

-

-

-

-

-

-

-

13

12

Depreciation

-

-

-

-

-

-

-

-

1

1

Other

-

-

-

-

-

-

-

-

4

1

General and administrative expense

19,866

12,867

10,515

8,027

7,995

6,803

6,682

2,392

78

57

Total Costs and Operating Expenses

135,566

100,104

50,732

87,883

44,328

25,519

10,705

3,789

-

-

Non-refundable transaction fee

-

-

-

-

-

-

-

-

250

0

Income from Operations

60,136

19,960

15,967

-57,032

-13,314

12,570

-389

-2,031

-326

-58

Other Income (Expense)
Interest income

13

97

291

56

6

85

24

4

-

-

Dividend and interest Income

-

-

-

-

-

-

-

-

6

3

Interest expense

13,865

427

0

649

749

0

9

218

0

0

Realized (loss) on derivatives

0

11,153

119

0

0

-

-

-

-

-

Unrealized gain (loss) on change in fair value of derivatives

-3,000

3,968

-3,968

0

0

-

-

-

-

-

Gain on change in fair value of derivatives

-

-

-

-

-

-

-

276

-

-

Loss on impairment of oil and gas properties

-

-

-

-

-

-

-

-

0

-22

Net Other Income (Expense)

-16,852

-7,515

-3,797

-592

-742

85

14

62

6

-19

Income before tax provision

43,284

12,445

12,170

-57,625

-14,056

12,656

-374

-1,969

-

-

Provision for Income Taxes

13,787

3,445

10,416

-19,987

-5,003

4,235

77

-300

-

-

Net Income

29,496

8,999

1,753

-37,637

-9,052

8,420

-452

-1,669

-

-

Basic Income per Share

0.44

0.15

0.03

-0.97

-0.32

0.34

-0.03

-0.21

-

-

Net Income (Loss)

-

-

-

-

-

-

-

-

-320

-78

Basic Earnings (Loss) per Share

-

-

-

-

-

-

-

-

-0.09

-0.02

Diluted Income per Share

0.44

0.15

0.03

-0.97

-0.32

0.33

-0.03

-0.21

-

-

Average number of common shares outstanding

-

-

-

-

-

-

-

-

3,576

3,548