Ring Energy (REI) Misses Q2 EPS by $1.99, Revenues Miss
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Ring Energy Announces Second Quarter and Six Month 2020 Financial and Operational Results
August 10, 2020 5:22 PM EDTThree Consecutive Quarters Cash Flow Positive
MIDLAND, Texas--(BUSINESS WIRE)-- Ring Energy, Inc. (NYSE American: REI) (Ring) (Company) announced today financial results for the three months and six months ended June 30, 2020. For the three-month period ended June 30, 2020, the Company reported oil and gas revenues of $10,636,593. For the six months ended June 30, 2020, the Company reported oil and gas revenues of $50,206,921.
For the three months ended June 30, 2020, Ring reported a net loss of $135,000,066 or $1.99 per diluted share. For the six months ended June 30, 2020, the Company reported a net loss of $91,195,948 or... More
