Ring Energy (STU:KWE1) Beginning Cash Position : €0.3 Mil (As of Mar. 2024)

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What is Ring Energy Beginning Cash Position?

Ring Energy's Beginning Cash Position for the quarter that ended in Mar. 2024 was €0.3 Mil.

Ring Energy's quarterly Beginning Cash Position declined from Sep. 2023 (€1.6 Mil) to Dec. 2023 (€0.1 Mil) but then increased from Dec. 2023 (€0.1 Mil) to Mar. 2024 (€0.3 Mil).

Ring Energy's annual Beginning Cash Position declined from Dec. 2021 (€3.2 Mil) to Dec. 2022 (€2.3 Mil) but then increased from Dec. 2022 (€2.3 Mil) to Dec. 2023 (€3.4 Mil).

Ring Energy Beginning Cash Position Historical Data

The historical data trend for Ring Energy's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ring Energy Beginning Cash Position Chart

Ring Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beginning Cash Position

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3.03

8.22

3.17

2.27

3.40

Ring Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Beginning Cash Position	Get a 7-Day Free Trial															3.47	1.59	1.64	0.13	0.27

Ring Energy Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Ring Energy Beginning Cash Position Related Terms

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Ring Energy (STU:KWE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ring Energy Inc (STU:KWE1) » Definitions » Beginning Cash Position

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REI:USA

Address

1725 Hughes Landing Boulevard, Suite 900, The Woodlands, TX, USA, 77380

Website

https://www.ringenergy.com

Ring Energy Inc is an independent exploration and production company based in The Woodlands, Texas and is engaged in oil and natural gas development, production, acquisition, and exploration activities currently focused in the Permian Basin of Texas. The drilling operations of the company target the oil and liquids rich producing formations in the Northwest Shelf, the Central Basin Platform, and the Delaware Basin all of which are part of the Permian Basin in Texas.

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