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

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE INFORMATION (Details)

EARNINGS (LOSS) PER SHARE INFORMATION (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
EARNINGS (LOSS) PER SHARE INFORMATION
Net Income (Loss)	$ (15,887,159)	$ (19,066,093)	$ (135,000,066)	$ 43,804,118	$ (34,953,252)	$ (91,195,948)
Basic Weighted-Average Shares Outstanding	99,300,458		67,980,794		99,197,160	67,987,295
Effect of dilutive securities:
Diluted Weighted-Average Shares Outstanding	99,300,458		67,980,794		99,197,160	67,987,295
Basic Earnings (Loss) per share	$ (0.16)		$ (1.99)		$ (0.35)	$ (1.34)
Diluted Earnings (Loss) per share	$ (0.16)		$ (1.99)		$ (0.35)	$ (1.34)

- 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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