Market cap
$341m
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
The Company intends to reduce leverage primarily through the use of excess cash flow and, where appropriate, selective non-core asset sales. For the six months ended June 30, 2026, the Company recorded a non-cash impairment charge of $162.1 million as a result of lower oil prices impacting the present value of estimated future net revenues. Oil sales increased approximately $27.4 million from $82.8 million to $110.2 million, driven by a price variance of $37.8 million from an increase in the average realized price per barrel from $62.69 to $95.45 as a result of higher oil commodity prices. …RING ENERGY, INC., 10-Q, period ended 2026-06-30, filed 2026-08-05