Ring Energy, Inc. Annual report pursuant to Section 13 and 15(d)

EARNINGS (LOSS) PER SHARE INFORMATION (Tables)

12 Months Ended

Dec. 31, 2022


For the years ended December 31,	2022		2021		2020
Net Income (Loss)	$	138,635,025	$	3,322,892	$	(253,411,828)
Basic Weighted-Average Shares Outstanding	121,264,175		99,387,028		72,891,310
Effect of dilutive securities:
Stock options	83,384		75,897		—
Restricted stock units	2,040,181		1,613,810		—
Performance stock units	248,206		—		—
Common warrants	18,118,722		20,116,440		—
Diluted Weighted-Average Shares Outstanding	141,754,668		121,193,175		72,891,310
Basic Earnings (Loss) per Share	$	1.14	$	0.03	$	(3.48)
Diluted Earnings (Loss) per Share	$	0.98	$	0.03	$	(3.48)