THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Ring Energy Inc. (REI) on Monday reported earnings of $5.5 million in its first quarter.
The The Woodlands, Texas-based company said it had profit of 3 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 10 cents per share.
The independent oil and gas company posted revenue of $94.5 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REI at https://www.zacks.com/ap/REI
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
