Ring Energy (REI) Net Equity Issued and Repurchased (2012 - 2023)
Ring Energy (REI) reported Net Equity Issued and Repurchased of $3.3 million for Q2 2023, down 36.01% on a YoY basis from $5.2 million in Q2 2022, and down 63.28% sequentially from $9.0 million in Q1 2023.
Ring Energy (REI) Net Equity Issued and Repurchased (2012 - 2023) Analysis & Trends
Ring Energy (REI) has 11 years of Net Equity Issued and Repurchased data on file, last reported at $3.3 million in Q2 2023.
- For the quarter ending Q2 2023, Net Equity Issued and Repurchased fell 36.01% year-over-year to $3.3 million; the trailing twelve-month figure through Mar 2024 stood at $3.3 million (down 80.79% YoY), and the FY2023 full-year result was $12.3 million, up 49.96% from the prior year.
- Net Equity Issued and Repurchased eased to $3.3 million in Q2 2023, from $9.0 million in the prior quarter.
- In the past five years, Net Equity Issued and Repurchased ranged from a high of $19.4 million in Q4 2020 to a low of $80000.0 in Q2 2021.
- A 4-year average of $4.5 million and a median of $2.4 million in 2022 frame the typical range for Net Equity Issued and Repurchased.
- Across the five-year window, Net Equity Issued and Repurchased plunged 99.35% in 2021 and soared 6353.91% in 2022, its largest moves.
- Tracing REI's Net Equity Issued and Repurchased over 4 years: stood at $19.4 million in 2020, then sank by 99.35% to $126240.0 in 2021, then soared by 406.97% to $640000.0 in 2022, then soared by 416.26% to $3.3 million in 2023.
- Business Quant data shows REI's Net Equity Issued and Repurchased at $3.3 million in Q2 2023, $9.0 million in Q1 2023, and $640000.0 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Equity Issued and Repurchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | -35.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | - |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 95.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | - |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | - |
| 10 | Ring Energy | 242.97 Mn | 237.91 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 3.30 Mn |
| Jun 30, 2023 | 3.30 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | 640,000.00 |
| Dec 31, 2022 | 640,000.00 |
| Sep 30, 2022 | 2.40 Mn |
| Sep 30, 2022 | 2.40 Mn |
| Jun 30, 2022 | 5.16 Mn |
| Jun 30, 2022 | 5.16 Mn |
| Dec 31, 2021 | 126,240.00 |
| Dec 31, 2021 | 126,240.00 |
| Jun 30, 2021 | 80,000.00 |
| Jun 30, 2021 | 80,000.00 |
| Mar 31, 2021 | 161,269.00 |
| Mar 31, 2021 | 161,269.00 |
| Dec 31, 2020 | 19.38 Mn |
| Dec 31, 2020 | 19.38 Mn |
| Dec 31, 2018 | 6,116.00 |
| Dec 31, 2018 | 6,116.00 |