Skip to content

Ring Energy, Inc.: 10-K filed 2020-03-16

What Ring Energy, Inc. reported in its annual report filed 2020-03-16 (fiscal FY 2019): 39 published measures, 266 facts as tagged in accession 0001104659-20-034179.

This filing

Form
10-K (annual report)
Filed
2020-03-16
Fiscal period
fiscal FY 2019
Accession
0001104659-20-034179 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Ring Energy, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2019-12-31973,006,148USD
At 2019-09-30957,357,416USD
At 2019-06-30954,057,714USD
At 2019-03-31918,376,457USD
At 2018-12-31567,065,659USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2019-12-31449,496,215USD
At 2019-09-30439,495,698USD
At 2019-06-30445,846,832USD
At 2019-03-31450,673,302USD
At 2018-12-31104,466,229USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2019-12-31523,509,933USD
At 2019-09-30517,861,718USD
At 2019-06-30508,210,882USD
At 2019-03-31467,703,155USD
At 2018-12-31462,599,430USD
At 2017-12-31356,603,340USD
At 2016-12-31290,540,973USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2019-12-3110,004,622USD
At 2019-09-307,599,089USD
At 2019-06-3010,578,982USD
At 2019-03-312,606,769USD
At 2018-12-313,363,726USD
At 2017-12-3115,006,581USD
At 2016-12-3171,086,381USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2019-10-01 to 2019-12-315,026,692USD92
2019-01-01 to 2019-12-3129,496,551USD365
2019-07-01 to 2019-09-308,858,000USD92
2019-01-01 to 2019-09-3024,469,857USD273
2019-04-01 to 2019-06-3011,342,597USD91
2019-01-01 to 2019-06-3015,611,857USD181
2019-01-01 to 2019-03-314,269,260USD90
2018-10-01 to 2018-12-31-7,079,308USD92
2018-01-01 to 2018-12-318,999,760USD365
2018-07-01 to 2018-09-305,693,628USD92
2018-04-01 to 2018-06-304,719,806USD91
2018-01-01 to 2018-03-315,665,634USD90
2017-10-01 to 2017-12-31-4,509,935USD92
2017-01-01 to 2017-12-311,753,869USD365
2017-07-01 to 2017-09-303,073,760USD92
2017-04-01 to 2017-06-301,910,763USD91
2017-01-01 to 2017-03-311,279,281USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2019-01-01 to 2019-12-31106,616,221USD365
2019-01-01 to 2019-09-3062,588,212USD273
2019-01-01 to 2019-06-3035,411,743USD181
2019-01-01 to 2019-03-319,829,915USD90
2018-01-01 to 2018-12-3170,357,321USD365
2017-01-01 to 2017-12-3142,806,204USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2019-01-01 to 2019-12-31323,064,926USD365
2019-01-01 to 2019-09-30326,913,314USD273
2019-01-01 to 2019-06-30320,975,924USD181
2019-01-01 to 2019-03-3145,000,000USD90
2018-01-01 to 2018-12-31121,421,138USD365
2017-01-01 to 2017-12-3159,026,956USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2019-01-01 to 2019-12-31-423,040,251USD365
2019-01-01 to 2019-09-30-385,266,163USD273
2019-01-01 to 2019-06-30-349,172,411USD181
2019-01-01 to 2019-03-31-55,586,872USD90
2018-01-01 to 2018-12-31-203,421,314USD365
2017-01-01 to 2017-12-31-157,912,960USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2019-12-31-2,859,342USD
At 2019-09-30-7,886,036USD
At 2019-06-30-16,744,036USD
At 2019-03-31-28,086,633USD
At 2018-12-31-32,355,893USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2019-01-01 to 2019-12-3166,571,738shares365
2019-07-01 to 2019-09-3067,811,127shares92
2019-01-01 to 2019-09-3066,149,469shares273
2019-04-01 to 2019-06-3067,357,645shares91
2019-01-01 to 2019-06-3065,305,081shares181
2019-01-01 to 2019-03-3163,229,710shares90
2018-01-01 to 2018-12-3159,531,200shares365
2017-01-01 to 2017-12-3151,383,008shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2019-01-01 to 2019-12-3166,757,028shares365
2019-07-01 to 2019-09-3067,836,968shares92
2019-01-01 to 2019-09-3066,401,422shares273
2019-04-01 to 2019-06-3067,670,259shares91
2019-01-01 to 2019-06-3065,852,348shares181
2019-01-01 to 2019-03-3163,992,549shares90
2018-01-01 to 2018-12-3160,848,177shares365
2017-01-01 to 2017-12-3152,806,712shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2019-10-01 to 2019-12-310.08USD/shares92
2019-01-01 to 2019-12-310.44USD/shares365
2019-07-01 to 2019-09-300.13USD/shares92
2019-01-01 to 2019-09-300.37USD/shares273
2019-04-01 to 2019-06-300.17USD/shares91
2019-01-01 to 2019-06-300.24USD/shares181
2019-01-01 to 2019-03-310.07USD/shares90
2018-10-01 to 2018-12-31-0.12USD/shares92
2018-01-01 to 2018-12-310.15USD/shares365
2018-07-01 to 2018-09-300.09USD/shares92
2018-04-01 to 2018-06-300.08USD/shares91
2018-01-01 to 2018-03-310.1USD/shares90
2017-10-01 to 2017-12-31-0.08USD/shares92
2017-01-01 to 2017-12-310.03USD/shares365
2017-07-01 to 2017-09-300.06USD/shares92
2017-04-01 to 2017-06-300.04USD/shares91
2017-01-01 to 2017-03-310.03USD/shares90

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2019-10-01 to 2019-12-310.08USD/shares92
2019-01-01 to 2019-12-310.44USD/shares365
2019-07-01 to 2019-09-300.13USD/shares92
2019-01-01 to 2019-09-300.37USD/shares273
2019-04-01 to 2019-06-300.17USD/shares91
2019-01-01 to 2019-06-300.24USD/shares181
2019-01-01 to 2019-03-310.07USD/shares90
2018-10-01 to 2018-12-31-0.12USD/shares92
2018-01-01 to 2018-12-310.15USD/shares365
2018-07-01 to 2018-09-300.09USD/shares92
2018-04-01 to 2018-06-300.08USD/shares91
2018-01-01 to 2018-03-310.1USD/shares90
2017-10-01 to 2017-12-31-0.08USD/shares92
2017-01-01 to 2017-12-310.03USD/shares365
2017-07-01 to 2017-09-300.06USD/shares92
2017-04-01 to 2017-06-300.04USD/shares91
2017-01-01 to 2017-03-310.03USD/shares90

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2019-01-01 to 2019-12-3113,787,654USD365
2019-07-01 to 2019-09-302,805,278USD92
2019-01-01 to 2019-09-3011,235,437USD273
2019-04-01 to 2019-06-303,565,400USD91
2019-01-01 to 2019-06-308,430,159USD181
2019-01-01 to 2019-03-314,864,759USD90
2018-01-01 to 2018-12-313,445,721USD365
2017-01-01 to 2017-12-3110,416,171USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2019-12-31929,216,155USD
At 2019-09-30919,461,752USD
At 2019-06-30911,853,991USD
At 2019-03-31878,568,574USD
At 2018-12-31542,010,862USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2019-01-01 to 2019-12-313,082,625USD365
2019-01-01 to 2019-09-302,436,035USD273
2019-01-01 to 2019-06-301,643,199USD181
2019-01-01 to 2019-03-31834,465USD90
2018-01-01 to 2018-12-313,870,934USD365
2017-01-01 to 2017-12-313,685,079USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2019-10-01 to 2019-12-3117,922,018USD92
2019-01-01 to 2019-12-3160,136,328USD365
2019-07-01 to 2019-09-3014,342,410USD92
2019-01-01 to 2019-09-3042,214,310USD273
2019-04-01 to 2019-06-3017,636,415USD91
2019-01-01 to 2019-06-3027,871,900USD181
2019-01-01 to 2019-03-3110,235,485USD90
2018-10-01 to 2018-12-31-9,986,770USD92
2018-01-01 to 2018-12-3119,960,939USD365
2018-07-01 to 2018-09-309,615,030USD92
2018-04-01 to 2018-06-309,397,559USD91
2018-01-01 to 2018-03-3110,935,120USD90
2017-10-01 to 2017-12-316,550,596USD92
2017-01-01 to 2017-12-3115,967,141USD365
2017-07-01 to 2017-09-304,292,081USD92
2017-04-01 to 2017-06-302,621,612USD91
2017-01-01 to 2017-03-312,502,852USD90

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2019-12-3138,708,541USD
At 2019-09-3033,811,326USD
At 2019-06-3038,611,148USD
At 2019-03-3136,532,779USD
At 2018-12-3116,844,257USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2019-01-01 to 2019-12-3113,865,556USD365
2019-07-01 to 2019-09-304,556,509USD92
2019-01-01 to 2019-09-309,589,434USD273
2019-04-01 to 2019-06-304,259,908USD91
2019-01-01 to 2019-06-305,032,925USD181
2019-01-01 to 2019-03-31773,017USD90
2018-01-01 to 2018-12-31427,898USD365
2017-01-01 to 2017-12-310USD365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2019-12-3159,092,554USD
At 2019-09-3052,255,303USD
At 2019-06-3067,756,609USD
At 2019-03-3192,976,746USD
At 2018-12-3151,910,432USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2019-12-3154,635,602USD
At 2019-09-3051,813,690USD
At 2019-06-3067,258,467USD
At 2019-03-3163,862,098USD
At 2018-12-3151,910,432USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2019-12-3122,909,195USD
At 2019-09-3018,291,698USD
At 2019-06-3021,777,491USD
At 2019-03-3127,941,378USD
At 2018-12-3112,643,478USD

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2019-12-3167,993,797shares
At 2019-09-3063,229,710shares
At 2019-06-3063,229,710shares
At 2019-03-3163,229,710shares
At 2018-12-3163,229,710shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2019-12-31526,301,281USD
At 2019-09-30525,679,942USD
At 2019-06-30524,887,107USD
At 2019-03-31495,726,558USD
At 2018-12-31494,892,093USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2019-12-311,867,044USD
At 2018-12-310USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2019-12-31691,140USD
At 2019-09-30169,115USD
At 2019-06-30294,095USD
At 2019-03-31417,567USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2019-12-311,086,290,199USD
At 2019-09-301,061,697,333USD
At 2019-06-301,039,974,402USD
At 2019-03-31992,073,715USD
At 2018-12-31642,586,949USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2019-12-31157,074,044USD
At 2019-09-30142,235,581USD
At 2019-06-30128,120,411USD
At 2019-03-31113,505,141USD
At 2018-12-31100,576,087USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2019-12-3150,323,853USD
At 2018-12-3141,675,285USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2019-12-316,001,176USD
At 2019-09-303,448,958USD
At 2019-06-30643,680USD
At 2018-12-310USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2019-01-01 to 2019-12-3143,284,205USD365
2019-07-01 to 2019-09-3011,663,278USD92
2019-01-01 to 2019-09-3035,705,294USD273
2019-04-01 to 2019-06-3014,907,997USD91
2019-01-01 to 2019-06-3024,042,016USD181
2019-01-01 to 2019-03-319,134,019USD90
2018-01-01 to 2018-12-3112,445,481USD365
2017-01-01 to 2017-12-3112,170,040USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2019-01-01 to 2019-12-3119,866,706USD365
2019-07-01 to 2019-09-303,745,928USD92
2019-01-01 to 2019-09-3015,287,072USD273
2019-04-01 to 2019-06-304,743,127USD91
2019-01-01 to 2019-06-3011,541,144USD181
2019-01-01 to 2019-03-316,798,017USD90
2018-01-01 to 2018-12-3112,867,686USD365
2017-01-01 to 2017-12-3110,515,887USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2019-01-01 to 2019-12-31334,023USD365
2018-01-01 to 2018-12-31214,022USD365
2017-01-01 to 2017-12-31320,090USD365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2019-01-01 to 2019-12-3156,204,269USD365
2019-07-01 to 2019-09-3014,115,170USD92
2019-01-01 to 2019-09-3041,659,494USD273
2019-04-01 to 2019-06-3014,615,270USD91
2019-01-01 to 2019-06-3027,544,324USD181
2019-01-01 to 2019-03-3112,929,054USD90
2018-01-01 to 2018-12-3139,024,886USD365
2017-01-01 to 2017-12-3120,517,780USD365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2019-01-01 to 2019-12-31-16,852,123USD365
2019-07-01 to 2019-09-30-2,679,132USD92
2019-01-01 to 2019-09-30-6,509,016USD273
2019-04-01 to 2019-06-30-2,728,418USD91
2019-01-01 to 2019-06-30-3,829,884USD181
2019-01-01 to 2019-03-31-1,101,466USD90
2018-01-01 to 2018-12-31-7,515,458USD365
2017-01-01 to 2017-12-31-3,797,101USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2019-01-01 to 2019-12-3113,787,654USD365
2018-01-01 to 2018-12-313,445,721USD365
2017-01-01 to 2017-12-3110,416,171USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2019-01-01 to 2019-12-3110,364,313USD365
2019-01-01 to 2019-09-305,821,545USD273
2019-01-01 to 2019-06-30932,896USD181
2019-01-01 to 2019-03-31708,951USD90
2018-01-01 to 2018-12-31323,916USD365
2017-01-01 to 2017-12-310USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2019-01-01 to 2019-12-310USD365
2019-01-01 to 2019-09-300USD273
2019-01-01 to 2019-06-300USD181
2019-01-01 to 2019-03-310USD90
2018-01-01 to 2018-12-3181,821,138USD365
2017-01-01 to 2017-12-3159,026,956USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-12-3110,035,648USD365
2019-01-01 to 2019-09-307,095,256USD273
2019-01-01 to 2019-06-309,847,686USD181
2019-01-01 to 2019-03-3115,808,739USD90
2018-01-01 to 2018-12-31-666,283USD365
2017-01-01 to 2017-12-319,980,206USD365

Inspect the source

Entity
Ring Energy, Inc. / CIK 0001384195
Captured
2026-09-20T07:58:40.870Z
SEC response SHA-256
c2ad7dddd313ed88d796859f1956ff891db07a6bc93012a8b160bb8b99ab20d4

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001384195.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))