Ring Energy (REI) Misses Q4 EPS by 3c
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Ring Energy Announces Financial and Operational Results for Fourth Quarter and Year End 2016
March 15, 2017 4:13 PM EDTMIDLAND, Texas--(BUSINESS WIRE)-- Ring Energy, Inc. (NYSE MKT: REI) (Ring)(Company) announced today financial results for the three months and twelve months ended December 31, 2016. For the three month period ended December 31, 2016, Ring reported oil and gas revenues of $9,830,708, compared to revenues of $7,362,394 for the quarter ended December 31, 2015. For the twelve months ended December 31, 2016, the Company reported oil and gas revenues of $30,850,248, compared to $31,013,892 for the twelve months ended December 31, 2015. For the fourth quarter of 2016, Ring reported a net loss of $477,006, or $0.01 per diluted share. This information compares to a net loss of $7,473,046, or $0.25 per diluted... More
