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Ring Energy REI Net Income
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Where this comes from
Reported directly by Ring Energy in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The source filing: Ring Energy’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:50 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001384195-26-000080
| Line item | For the Three Months Ended / June 30, 2026 | For the Three Months Ended / June 30, 2025 | For the Six Months Ended / June 30, 2026 | For the Six Months Ended / June 30, 2025 |
|---|---|---|---|---|
| Gain (loss) on disposal of assets | 104,150 | 155,293 | 104,150 | 279,903 |
| Other income | 9,600 | 150,770 | 15,437 | 159,712 |
| Net Other Income (Expense) | 15,607,164 | 3,266,371 | (75,147,004) | (6,937,595) |
| Income (Loss) Before Benefit from (Provision for) Income Taxes | 65,881,356 | 26,742,312 | (166,698,539) | 38,894,227 |
| Benefit from (Provision for) Income Taxes | (1,088,046) | (6,107,425) | 10,900,367 | (9,148,602) |
| Net Income (Loss) | $64,793,310 | $20,634,887 | $(155,798,172) | $29,745,625 |
| Basic Earnings (Loss) per Share | $0.28 | $0.10 | $(0.70) | $0.15 |
| Diluted Earnings (Loss) per Share | $0.27 | $0.10 | $(0.70) | $0.15 |
Item 1. Condensed Financial Statements
FAQ
- What is Ring Energy's net income?
- Ring Energy (REI) reported net income of $64.79M in Q2 2026.
- How has Ring Energy's net income changed year-over-year?
- Ring Energy's net income increased by 214.0% year-over-year, from $20.63M to $64.79M.
- What is the long-term trend for Ring Energy's net income?
- Over 4 years (2021 to 2025), Ring Energy's net income has grown at a 79.8% compound annual growth rate (CAGR), from $3.32M to -$34.73M.
- What does net income mean?
- The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.
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