Ring Energy (REI) Net Equity Issued and Repurchased (2012 - 2023)
Ring Energy (REI) posted Net Equity Issued and Repurchased of $3.3 million for Q2 2023, down 63.28% sequentially from $9.0 million in Q1 2023, and down 36.01% YoY from $5.2 million in Q2 2022.
Ring Energy (REI) Net Equity Issued and Repurchased (2012 - 2023) Analysis & Trends
Ring Energy has reported Net Equity Issued and Repurchased for 11 years, with the latest figure at $3.3 million in Q2 2023.
- Quarterly Net Equity Issued and Repurchased fell 36.01% year-over-year to $3.3 million in Q2 2023, while the trailing twelve-month figure through Mar 2024 was $3.3 million (down 80.79% YoY) and the FY2023 annual result came in at $12.3 million, up 49.96% from the prior year.
- Net Equity Issued and Repurchased eased to $3.3 million in Q2 2023 per REI's latest filing, from $9.0 million in the prior quarter.
- Over five years, Net Equity Issued and Repurchased peaked at $19.4 million in Q4 2020 and troughed at $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.
- The sharpest annual moves came in 2021 and 2022: Net Equity Issued and Repurchased slumped 99.35% in 2021, then surged 6353.91% in 2022.
- Over 4 years, Net Equity Issued and Repurchased stood at $19.4 million in 2020, then plunged 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.
- According to Business Quant data, Net Equity Issued and Repurchased over the past three periods registered $3.3 million, $9.0 million, and $640000.0 for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Equity Issued and Repurchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | -4.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 200.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Ring Energy | 346.25 Mn | 338.78 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 |