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Ring Energy Q4 2023 Earnings Report

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$1.25 0.00 (0.00%)
(As of 12/20/2024 05:40 PM ET)

Ring Energy EPS Results

Actual EPS
$0.10
Consensus EPS
$0.14
Beat/Miss
Missed by -$0.04
One Year Ago EPS
N/A

Ring Energy Revenue Results

Actual Revenue
$99.94 million
Expected Revenue
$95.39 million
Beat/Miss
Beat by +$4.55 million
YoY Revenue Growth
N/A

Ring Energy Announcement Details

Quarter
Q4 2023
Time
N/A
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Ring Energy Earnings Headlines

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About Ring Energy

Ring Energy (NYSEAMERICAN:REI), an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas.

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