Develops oil and natural gas resources in the Permian Basin.
Jun 2026Revenue $324M/yrExpenses $496M/yr
No trend
Figures by year
When will Ring Energy be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $324M and expenses $496M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $307M | $342M | −$34.3M |
| Dec 2024 | $366M | $233M | $133M |
| Dec 2023 | $361M | $215M | $146M |
| Dec 2022 | $347M | $156M | $192M |
| Dec 2021 | $196M | $101M | $95.8M |
| Dec 2020 | $113M | $382M | −$269M |
| Dec 2019 | $196M | $136M | $60.1M |
| Dec 2018 | $120M | $100M | $20.0M |
| Dec 2017 | $66.7M | $50.7M | $16.0M |
| Dec 2016 | $30.9M | $87.9M | −$57.0M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.