Ring Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE INFORMATION (Details)

EARNINGS PER SHARE INFORMATION (Details) - USD ($)	3 Months Ended
EARNINGS PER SHARE INFORMATION (Details) - USD ($)	Mar. 31, 2021	Mar. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net Income (Loss)	$ (19,066,093)	$ 43,804,118
Basic Weighted-Average Shares Outstanding	99,092,715	67,993,797
Effect of dilutive securities:
Diluted Weighted-Average Shares Outstanding	99,092,715	67,997,092
Basic Earnings (Loss) per share	$ (0.19)	$ 0.64
Diluted Earnings (Loss) per share	$ (0.19)	$ 0.64
Restricted Stock
Effect of dilutive securities:
Weighted Average Number Diluted Shares Outstanding Adjustment		3,295

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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