Ring Net Income From Continuing Ops from 2010 to 2025

REI Stock  USD 1.16  0.04  3.33%   
Ring Energy's Net Income From Continuing Ops is increasing with stable movements from year to year. Net Income From Continuing Ops is estimated to finish at about 70.8 M this year. For the period between 2010 and 2025, Ring Energy, Net Income From Continuing Ops quarterly trend regression had mean deviation of  46,365,687 and range of 392 M. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2010-03-31
Previous Quarter
33.9 M
Current Value
5.7 M
Quarterly Volatility
32.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ring Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ring Energy's main balance sheet or income statement drivers, such as Interest Expense of 45.5 M, Other Operating Expenses of 245.1 M or Operating Income of 139.5 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0 or PTB Ratio of 0.3. Ring financial statements analysis is a perfect complement when working with Ring Energy Valuation or Volatility modules.
  
Check out the analysis of Ring Energy Correlation against competitors.
For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.

Latest Ring Energy's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Ring Energy over the last few years. It is Ring Energy's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ring Energy's overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Pretty Stable
   Net Income From Continuing Ops   
       Timeline  

Ring Net Income From Continuing Ops Regression Statistics

Arithmetic Mean9,101,045
Geometric Mean12,021,687
Coefficient Of Variation921.14
Mean Deviation46,365,687
Median8,420,500
Standard Deviation83,832,968
Sample Variance7028T
Range392M
R-Value0.27
Mean Square Error6995T
R-Squared0.07
Significance0.32
Slope4,693,389
Total Sum of Squares105419.5T

Ring Net Income From Continuing Ops History

202570.8 M
202467.5 M
2023104.9 M
2022138.6 M
20213.3 M
2020-253.4 M
201929.5 M

About Ring Energy Financial Statements

Investors use fundamental indicators, such as Ring Energy's Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although Ring Energy's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Income From Continuing Ops67.5 M70.8 M

Currently Active Assets on Macroaxis

When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:
Check out the analysis of Ring Energy Correlation against competitors.
For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Earnings Share
0.34
Revenue Per Share
1.769
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0586
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.