NYSE$REI

Ring Energy Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Headline financials

Total Revenue

$79.3M

Previous: $85M-6.6%
EPS (adj)

$0.14

Previous: $0.29-51.7%
Capital Expenditures

-$73.5M

Previous: -$50.5M-45.5%
Free Cash Flow

-$44.7M

Previous: -$8.55M-422.7%
Net Income

$28.8M

Previous: $41.9M-31.4%
Operating Income

$29.7M

Previous: $54.2M-45.2%
Gross Profit

$36.8M

Previous: $84.4M-56.4%
Cash & Equivalents

$1.75M

Previous: $2.22M-21.3%
Total Assets

$1.28B

Previous: $745M+72.0%
Stock-Based Comp

$2.26M

Previous: $1.9M+19.0%

Revenue & EPS history

Ring Energy · Revenue · Quarterly

$79.3M

Q2 2023-6.6%vs Q2 2022
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+0.8%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.0%

Avg return

30 days after

48%

31 / 64 earnings

Positive

+21.6%

Q3 2016

Best reaction

-15.5%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.1%-16.7%-36.9%
Q4 2025+3.3%-4.7%-0.7%
Q3 2025+0.3%+9.4%-2.1%
Q1 2025-2.7%+8.2%-9.4%
Q4 2024-6.7%-9.2%-21.7%
Q3 2024+14.5%+3.9%-9.2%
Q2 2024+1.2%+7.3%-1.8%
Q1 2024-5.8%-7.9%-11.1%
Q4 2023+9.9%+16.9%+43.7%
Q3 2023-0.6%-15.1%-5.2%
Q2 2023-5.0%-2.3%-9.9%
Q1 2023+1.7%+5.2%+4.0%
Q4 2022-5.3%-7.2%-0.5%
Q3 2022+1.3%-1.3%-28.5%
Q2 2022+6.7%+2.2%+14.2%
Q1 2022-2.5%-6.0%+3.2%
Q4 2021+12.7%+11.5%+33.1%
Q3 2021-9.7%-19.5%-40.5%
Q2 2021-2.3%-9.6%-7.3%
Q1 2021+0.4%-2.2%+15.2%
Q4 2020-7.8%-6.7%-28.1%
Q3 2020+8.4%+6.1%+57.1%
Q2 2020+0.9%-5.3%-41.2%
Q1 2020+6.2%-3.8%+116.7%
Q4 2019-15.5%-19.5%-31.0%
Q3 2019+16.5%+17.5%+1.5%
Q2 2019+1.9%-1.9%-35.6%
Q1 2019-8.2%-7.2%-21.7%
Q4 2018-1.5%+6.7%-3.8%
Q3 2018+2.0%+1.6%-8.9%
Q2 2018+1.7%+0.0%-10.7%
Q1 2018-2.4%-1.9%-20.1%
Q4 2017+1.9%-1.5%+5.0%
Q3 2017-1.7%-3.7%-2.7%
Q2 2017+3.4%+2.7%-2.0%
Q1 2017+1.0%+7.0%+2.5%
Q4 2016+5.9%+4.4%+16.3%
Q3 2016+21.6%+23.1%+23.4%
Q2 2016-2.7%+4.6%+14.2%
Q1 2016+5.5%
Q4 2015-2.7%
Q3 2015-1.9%
Q2 2015+9.3%
Q1 2015+1.0%
Q4 2014+3.0%
Q3 2014-7.6%
Q2 2014-0.8%
Q1 2014+7.2%
Q4 2013-0.3%
Q3 2013+0.1%
Q2 2013+4.2%
Q4 2012+1.4%
Q1 2013-2.2%
Q3 2012+2.2%
Q2 2012+0.0%
Q1 2012+0.0%
Q4 2011+0.0%
Q3 2011+0.0%
Q2 2010+0.0%
Q2 2011+0.0%
Q1 2011+0.0%
Q4 2010+0.0%
Q3 2010+0.0%
Q1 2010+0.0%

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