Ring Energy, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-34.7M | $67.5M | $104.9M | $138.6M | $3.3M | $-253.4M | $29.5M | $9.0M |
| Depreciation & Amortization | $96.4M | $98.7M | $88.6M | $55.7M | $37.2M | $43.0M | $56.2M | $39.0M |
| Depreciation | $409.5K | $405.8K | $364.0K | $205.6K | $125.0K | $376.4K | $334.0K | $214.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $6.1M | $5.5M | $8.8M | $7.2M | $2.4M | $5.4M | $3.1M | $3.9M |
| Net Cash from Operating Activities | $150.8M | $194.4M | $198.2M | $197.0M | $72.7M | $72.2M | $106.6M | $70.4M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | $177.8M | $0 | $0 | $276.1M | $0 |
| Net Cash from Investing Activities | $-179.5M | $-150.9M | $-222.6M | $-308.9M | $-51.2M | $-43.8M | $-423.0M | $-203.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $27.7M | $-42.0M | $21.0M | $113.2M | $-22.7M | $-34.8M | $323.1M | $121.4M |
| Net Change in Cash | $-963.5K | $1.6M | $-3.4M | $1.3M | $-1.2M | $-6.4M | — | $-11.6M |
| Free Cash Flow | — | — | — | — | — | — | — | — |