Income Statement Balance Sheet Cash Flow Statement
Annual Financials for Ring Energy Inc.
Fiscal year is January-December. All values USD millions. 2009 2010 2011 2012 2013 5-year trend
Sales/Revenue 23,404 8,269 485,630 1.76M 10.32M
Cost of Goods Sold (COGS) incl. D&A 32,740 11,091 346,399 1.31M 3.55M
COGS excluding D&A 24,892 8,429 244,966 785,959 1.21M
Depreciation & Amortization Expense 7,848 2,662 101,433 527,692 2.34M
Depreciation 7,848 2,662 101,433 527,692 2.34M
Amortization of Intangibles - - 0 0 0
Gross Income (9,336) (2,822) 139,231 443,793 6.77M
2009 2010 2011 2012 2013 5-year trend
SG&A Expense 24,000 32,875 434,575 2.28M 6.68M
Research & Development 0 0 - - -
Other SG&A 24,000 32,875 434,575 2.28M 6.68M
Other Operating Expense 48,156 23,275 22,896 82,995 476,964
Unusual Expense 113,608 22,655 (483,946) (167,330) 0
EBIT after Unusual Expense (113,608) (22,655) 483,946 167,330 0
Non Operating Income/Expense 0 0 0 0 0
Non-Operating Interest Income 3,336 3,208 0 4,309 24,706
Equity in Affiliates (Pretax) 0 0 0 0 0
Interest Expense 0 0 94,219 218,805 9,890
Gross Interest Expense 0 0 94,219 218,805 9,890
Interest Capitalized 0 0 0 0 0
Pretax Income (191,764) (78,419) 71,487 (1.97M) (374,508)
Income Tax 0 0 0 (300,324) 77,701
Income Tax - Current Domestic 0 0 - - -
Income Tax - Current Foreign 0 0 - - -
Income Tax - Deferred Domestic 0 0 - - -
Income Tax - Deferred Foreign 0 0 - - -
Income Tax Credits 0 0 - - -
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 0 0 0 0
Consolidated Net Income (191,764) (78,419) 71,487 (1.67M) (452,209)
Minority Interest Expense 0 0 0 0 0
Net Income (191,764) (78,419) 71,487 (1.67M) (452,209)
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg - - 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries (191,764) (78,419) 71,487 (1.67M) (452,209)
Preferred Dividends 0 0 0 0 0
Net Income Available to Common (191,764) (78,419) 71,487 (1.67M) (452,209)
EPS (Basic) (0.05) (0.02) 0.01 (0.21) (0.03)
Basic Shares Outstanding 3.55M 3.55M 6.08M 8.07M 16.38M
EPS (Diluted) (0.05) (0.02) 0.01 (0.21) (0.03)
Diluted Shares Outstanding 3.55M 3.55M 6.08M 8.07M 16.38M
EBITDA (73,644) (56,310) (216,807) (1.39M) 1.95M
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