Ring Energy (REI) Misses Q4 EPS by 7c
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Ring Energy Announces Fourth Quarter and Twelve Month 2019 Financial and Operational Results
March 16, 2020 5:26 PM EDTCompany Achieves Year-End Goal of Becoming Cash Flow Positive
MIDLAND, Texas--(BUSINESS WIRE)-- Ring Energy, Inc. (NYSE American: REI) (Ring) (Company) announced today financial results for the three months and twelve months ended December 31, 2019. For the three-month period ended December 31, 2019, the Company reported oil and gas revenues of $52,231,186 compared to revenues of $27,561,908 for the quarter ended December 31, 2018. For the twelve months ended December 31, 2019, the Company reported oil and gas revenues of $195,702,831, compared to $120,065,361 for the twelve months ended December 31, 2018.
For the three months ended December 31, 2019, Ring reported net... More
