Ring Energy, Inc. (REI)

Ring Energy Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-185.24	-34.73	67.47	104.86	138.64	3.32
Depreciation & Amortization	87.02	97.9	100.08	90.04	56.72	37.91
Other Amortization	2.75	4.46	4.97	4.92	2.71	0.67
Loss (Gain) From Sale of Assets	-0.22	-0.45	-0.09	-	-	-
Asset Writedown & Restructuring Costs	198	108.83	-	-	-	-
Stock-Based Compensation	7.65	6.14	5.51	8.83	7.16	2.42
Provision & Write-off of Bad Debts	0.14	0.02	0.16	0.13	0.24	-
Other Operating Activities	47.68	-34.06	17.11	-12.28	-32.27	25.35
Change in Accounts Receivable	-16.14	4.45	3.59	1.15	-17.21	-9.48
Change in Inventory	-1.08	-1.26	2.09	3.11	-5.6	-
Change in Accounts Payable	36.37	0.47	-5.08	-1.45	50.81	15.45
Change in Other Net Operating Assets	-2.46	-0.95	-1.49	-1.64	-3.9	-2.73
Operating Cash Flow	174.42	150.85	194.42	198.17	196.98	72.73
Operating Cash Flow Growth	13.68%	-22.41%	-1.89%	0.61%	170.83%	0.79%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-193.54	-179.78	-156.34	-155.21	-131.22	-53.24
Sale of Property, Plant & Equipment	35.47	0.02	5.63	1.89	0.16	2
Cash Acquisitions	-	-	-	-80.74	-177.82	-
Divestitures	-	-	-0.14	11.49	-	-
Other Investing Activities	-	0.26	-	-	-	-
Investing Cash Flow	-158.07	-179.5	-150.85	-222.57	-308.88	-51.24

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	1.65	1.56	1.64	1.32	1.3
Long-Term Debt Issued	-	231.82	130	225	636	60.15
Total Debt Issued	204.16	233.47	131.56	226.64	637.32	61.45
Short-Term Debt Repaid	-	-1.64	-1.6	-1.6	-1.41	-0.71
Long-Term Debt Repaid	-	-197.31	-170.95	-215.78	-511.5	-83.48
Total Debt Repaid	-282.79	-198.95	-172.55	-217.38	-512.9	-84.19
Net Debt Issued (Repaid)	-78.63	34.53	-40.99	9.26	124.42	-22.74
Issuance of Common Stock	64.56	-	-	12.3	8.2	0.57
Repurchase of Common Stock	-1.14	-1.19	-0.92	-0.52	-0.52	-0.39
Other Financing Activities	0.03	-5.65	-0.09	-0.05	-18.89	-0.1
Financing Cash Flow	-15.17	27.69	-42	20.99	113.21	-22.66

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	1.19	-0.96	1.57	-3.42	1.3	-1.17

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	-19.11	-28.93	38.08	42.96	65.76	19.49
Free Cash Flow Growth	-	-	-11.35%	-34.68%	237.38%	-31.20%
Free Cash Flow Margin	-5.77%	-9.88%	10.87%	12.53%	19.92%	10.41%
Free Cash Flow Per Share	-0.08	-0.14	0.19	0.22	0.46	0.16
Levered Free Cash Flow	-45.04	-46.64	7	-10.63	59.94	19.4
Unlevered Free Cash Flow	-26.66	-25.83	29.1	11.9	71.71	27.79

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	32.69	32.36	39.2	38.01	19.82	14.11
Cash Income Tax Paid	-	0.35	0.07	0.07	-	-
Change in Working Capital	16.68	2.72	-0.89	1.18	24.09	3.24

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

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