Ring Energy's basic earnings per share (Basic EPS) for the
three
months ended in Dec. 2023 was $0.26.
Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.55.
Ring Energy's EPS (Diluted) for the
three
months ended in Dec. 2023 was $0.26.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.54.
Ring Energy's EPS without NRI for the
three
months ended in Dec. 2023 was $0.13.
Its EPS without NRIearnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2023 was 0.49.
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.
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
EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.55
* 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.
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 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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