Brief: Ring Energy Inc Reports Net Income $0.20 Per Diluted Share, In Q4 Of 2021

Ring Energy

16/03/2022 22:04

March 16 (Reuters) - Ring Energy Inc  REI.A :
    * RING ENERGY INC - REPORTED NET INCOME $0.20 PER DILUTED
SHARE,
IN Q4 OF 2021
    * RING ENERGY INC - QTRLY ADJUSTED NET INCOME OF $9.9
MILLION, OR
$0.10 PER SHARE
    * RING ENERGY INC - REVENUES WERE $59.7 MILLION FOR Q4 OF
2021
VERSUS $31.4 MILLION FOR Q4 OF 2020
    * RING ENERGY INC-  INCREASED LEVEL OF CAPITAL INVESTMENT IN
2022
IS EXPECTED TO GENERATE ALMOST 10% SALES GROWTH AT MIDPOINT OF
FY 2022 GUIDANCE

Source text for Eikon:  ID:nGNX4wQWDH 
Further company coverage:  REI.A 

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