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Ring Energy REI Total Cost of Revenue

Discontinued — last reported Q1 '23

Total Cost of Revenue at other companies

Amplify Energy logo
Amplify EnergyAMPY
$759K-82.3%
EPM
Evolution PetroleumEPM
$12.96M-3.2%
Northern Oil and Gas logo
Northern Oil and GasNOG
$129.75M+13.8%
SM Energy logo
SM EnergySM
$428M+90.2%
Range Resources logo
Range ResourcesRRC
$58.12M-0.1%
Chord Energy logo
Chord EnergyCHRD
$509.83M+358%

Other financials

Income statement

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Revenue$73.7M-6.9%
Gross profit$88.1M+31.7%
Operating income-$141.8M-734%
Net income-$220.6M-2,521%
EPS (diluted)-$1.06-2,220%

Balance sheet

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Cash & equivalents$1.0M-5.5%
Total debt$3.1M-28.0%
Total equity$622.0M-29.5%
Total assets$1.3B-16.7%

Cash flow

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Operating cash flow$25.9M-8.7%
CapEx--100%
Free cash flow$25.9M-8.6%

Valuation

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Market cap$274.16M+69.4%
Enterprise value$276.22M+66.7%
P/S0.9×+0.4×

Profitability

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Gross margin99.9%+1.9pp
Operating margin-65.8%-99.3pp
Net margin-87.6%-108pp
FCF margin49.1%-1.5pp

Returns & leverage

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Return on equity-35.2%-43.7pp
Debt / equity0.0×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by Ring Energy in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Ring Energy’s 10-Q, filed May 3, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ring Energy's total cost of revenue?
Ring Energy (REI) reported total cost of revenue of -$823 in Q1 2023.
How has Ring Energy's total cost of revenue changed year-over-year?
Ring Energy's total cost of revenue decreased by 100.1% year-over-year, from $1.3M to -$823.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.