Ring Energy Stock: Low Realized Prices For Non-Oil Production (REI)

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Ring Vitality (NYSE:REI) reported comparatively robust leads to Q1 2023, with gross sales volumes on the high-end of its steering. Nonetheless, at low-$70s WTI oil for 2023 mixed with weak near-term realized costs for its pure

Barrels/Mcf $ Per Barrel/Mcf (Realized) $ Million
Oil 4,542,060 $71.00 $322
NGLs 1,001,925 $13.50 $14
Pure Gasoline 6,813,090 $0.50 $3
Hedge Worth -$1
Whole Income $338

$ Million
Manufacturing Bills $75
Manufacturing and Advert Valorem Taxes $23
Money G&A $20
Capital Expenditures $153
Money Curiosity Expense $33
Whole Money Expenditures $304

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