REI (Ring Energy) EPS (Basic) : $0.57 (TTM As of Sep. 2024)

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What is Ring Energy EPS (Basic)?

Ring Energy's basic earnings per share (Basic EPS) for the three months ended in Sep. 2024 was $0.17. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Sep. 2024 was $0.57.

Ring Energy's EPS (Diluted) for the three months ended in Sep. 2024 was $0.17. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $0.57.

Ring Energy's EPS without NRI for the three months ended in Sep. 2024 was $0.08. Its EPS without NRIearnings per share without non-recurring items for the trailing twelve months (TTM) ended in Sep. 2024 was 0.43.

During the past 12 months, Ring Energy's average EPS without NRIGrowth Rate was -21.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 13 years, Ring Energy's highest 3-Year average EPS without NRI Growth Rate was 33.60% per year. The lowest was -121.50% per year. And the median was -0.85% per year.

Ring Energy EPS (Basic) Historical Data

The historical data trend for Ring Energy's EPS (Basic) 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.

* Premium members only.

Ring Energy EPS (Basic) Chart

Ring Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EPS (Basic)

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0.44

-3.48

0.03

1.14

0.55

Ring Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EPS (Basic)	Get a 7-Day Free Trial															-0.04	0.26	0.03	0.11	0.17

Ring Energy EPS (Basic) Calculation

EPS (Basic) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Basic earnings per share (EPS) do not factor in the dilutive effects on convertible securities.

Ring Energy's Basic EPS for the fiscal year that ended in Dec. 2023 is calculated as

Basic EPS (A: Dec. 2023 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Basic Average)
	=	(104.865	-	0)	/	190.589
	=	0.55

Ring Energy's Basic EPS for the quarter that ended in Sep. 2024 is calculated as

Basic EPS (Q: Sep. 2024 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Basic Average)
	=	(33.878	-	0)	/	198.177
	=	0.17

EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.57

Ring Energy (AMEX:REI) EPS (Basic) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.

Ring Energy EPS (Basic) Related Terms

Thank you for viewing the detailed overview of Ring Energy's EPS (Basic) provided by GuruFocus.com. Please click on the following links to see related term pages.

Ring Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ring Energy Inc (AMEX:REI) » Definitions » EPS (Basic)

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Traded in Other Exchanges

KWE1:Germany

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 liquid 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.

Executives

Warburg Pincus & Co Us, Llc	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus (e&p) Xii Llc	10 percent owner	450 LEXINGTON AVENUE, NEW YORK NY 10017
John A Crum	director	5400 WESTHEIMER COURT, HOUSTON TX 77056
Paul D. Mckinney	director, officer: CEO and Chairman of the Board	1177 WEST LOOP SOUTH, SUITE 1825, HOUSTON TX 77027
Anthony Benedict Petrelli	director	6250 RAIN DANCE TRAIL, LITTLETON CO 80125
Stronghold Energy Ii Operating, Llc	10 percent owner	508 W. WALL STREET, SUITE %%), MIDLAND TX 79701
Richard E Harris	director	2000 CHARWOOD DR, APT 2502, COLUMBUS IN 47201
William T Kruse	10 percent owner	1340 S MAIN ST., STE 300, GRAPEVINE TX 76051
David Habachy	director	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVE, NEW YORK NY 10017
Warburg Pincus (e&p) Xii, L.p.	10 percent owner	450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Private Equity (e&p) Xii-d (a), L.p.	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON, NEW YORK NY 10017
Wp Xii (e&p) Partners (a), L.p.	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON, NEW YORK NY 10017
Warburg Pincus Xii (e&p) Partners-2, L.p.	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON, NEW YORK NY 10017
Warburg Pincus Xii (e&p) Partners-1, L.p.	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON, NEW YORK NY 10017
Warburg Pincus Private Equity (e&p) Xii-e (a), L.p.	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON, NEW YORK NY 10017