Ring Energy, Inc. (REI)
NYSEAMERICAN: REI · IEX Real-Time Price · USD
1.920
-0.030 (-1.54%)
Jul 26, 2024, 4:00 PM EDT - Market closed

Ring Energy Revenue

Ring Energy had revenue of $90.07M in the quarter ending March 31, 2024, with 7.65% growth. This brings the company's revenue in the last twelve months to $349.32M, up 0.14% year-over-year. In the year 2023, Ring Energy had annual revenue of $342.92M with 3.88% growth.

Revenue (ttm)
$349.32M
Revenue Growth
+0.14%
P/S Ratio
1.03
Revenue / Employee
$3,402,558
Employees
108
Market Cap
380.04M

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 2023342.92M12.80M3.88%
Dec 31, 2022330.12M142.94M76.36%
Dec 31, 2021187.18M79.39M73.64%
Dec 31, 2020107.80M-78.78M-42.22%
Dec 31, 2019186.57M72.14M63.04%
Dec 31, 2018 Pro Pro Pro
Dec 31, 2017 Pro Pro Pro
Dec 31, 2016 Pro Pro Pro
Dec 31, 2015 Pro Pro Pro
Dec 31, 2014 Pro Pro Pro
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition