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Side-by-side financial comparison of RING ENERGY, INC. (REI) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.
RING ENERGY, INC. is the larger business by last-quarter revenue ($66.9M vs $58.6M, roughly 1.1× Vitesse Energy, Inc.). On growth, Vitesse Energy, Inc. posted the faster year-over-year revenue change (4.8% vs -19.8%). Over the past eight quarters, Vitesse Energy, Inc.'s revenue compounded faster (-2.1% CAGR vs -15.9%).
Siemens Energy AG is a German publicly traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.
Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.
REI vs VTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.9M | $58.6M |
| Net Profit | — | $-739.0K |
| Gross Margin | — | — |
| Operating Margin | -37.6% | -12.0% |
| Net Margin | — | -1.3% |
| Revenue YoY | -19.8% | 4.8% |
| Net Profit YoY | — | 85.6% |
| EPS (diluted) | $-0.07 | $-0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $66.9M | $58.6M | ||
| Q3 25 | $78.6M | $67.4M | ||
| Q2 25 | $82.6M | $81.8M | ||
| Q1 25 | $79.1M | $66.2M | ||
| Q4 24 | $83.4M | $55.9M | ||
| Q3 24 | $89.2M | $58.3M | ||
| Q2 24 | $99.1M | $66.6M | ||
| Q1 24 | $94.5M | $61.2M |
| Q4 25 | — | $-739.0K | ||
| Q3 25 | $-51.6M | $-1.3M | ||
| Q2 25 | $20.6M | $24.7M | ||
| Q1 25 | $9.1M | $2.7M | ||
| Q4 24 | — | $-5.1M | ||
| Q3 24 | $33.9M | $17.4M | ||
| Q2 24 | $22.4M | $10.9M | ||
| Q1 24 | $5.5M | $-2.2M |
| Q4 25 | -37.6% | -12.0% | ||
| Q3 25 | -70.0% | 0.2% | ||
| Q2 25 | 28.4% | 22.8% | ||
| Q1 25 | 28.3% | 8.1% | ||
| Q4 24 | 28.3% | 3.7% | ||
| Q3 24 | 33.4% | 15.4% | ||
| Q2 24 | 42.2% | 25.2% | ||
| Q1 24 | 39.8% | 21.4% |
| Q4 25 | — | -1.3% | ||
| Q3 25 | -65.7% | -1.9% | ||
| Q2 25 | 25.0% | 30.2% | ||
| Q1 25 | 11.5% | 4.0% | ||
| Q4 24 | — | -9.2% | ||
| Q3 24 | 38.0% | 29.9% | ||
| Q2 24 | 22.6% | 16.4% | ||
| Q1 24 | 5.8% | -3.6% |
| Q4 25 | $-0.07 | $-0.01 | ||
| Q3 25 | $-0.25 | $-0.03 | ||
| Q2 25 | $0.10 | $0.60 | ||
| Q1 25 | $0.05 | $0.08 | ||
| Q4 24 | $0.03 | $-0.15 | ||
| Q3 24 | $0.17 | $0.53 | ||
| Q2 24 | $0.11 | $0.33 | ||
| Q1 24 | $0.03 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $902.9K | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $836.3M | $629.3M |
| Total Assets | $1.4B | $893.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $902.9K | — | ||
| Q3 25 | $286.9K | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $1.1M | $4.5M | ||
| Q4 24 | $1.9M | $3.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.2M | — | ||
| Q1 24 | $1.4M | — |
| Q4 25 | $836.3M | $629.3M | ||
| Q3 25 | $847.7M | $650.3M | ||
| Q2 25 | $897.9M | $671.9M | ||
| Q1 25 | $876.0M | $667.7M | ||
| Q4 24 | $858.6M | $500.3M | ||
| Q3 24 | $851.3M | $520.4M | ||
| Q2 24 | $817.4M | $518.5M | ||
| Q1 24 | $793.0M | $522.7M |
| Q4 25 | $1.4B | $893.4M | ||
| Q3 25 | $1.4B | $932.9M | ||
| Q2 25 | $1.5B | $951.5M | ||
| Q1 25 | $1.5B | $975.2M | ||
| Q4 24 | $1.4B | $810.9M | ||
| Q3 24 | $1.4B | $791.2M | ||
| Q2 24 | $1.4B | $778.4M | ||
| Q1 24 | $1.4B | $749.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $44.7M | $37.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $44.7M | $37.4M | ||
| Q3 25 | $44.5M | $49.4M | ||
| Q2 25 | $33.3M | $66.0M | ||
| Q1 25 | $28.4M | $17.5M | ||
| Q4 24 | $47.3M | $34.7M | ||
| Q3 24 | $51.3M | $45.7M | ||
| Q2 24 | $50.6M | $35.2M | ||
| Q1 24 | $45.2M | $39.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.61× | 2.68× | ||
| Q1 25 | 3.11× | 6.56× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.52× | 2.62× | ||
| Q2 24 | 2.26× | 3.22× | ||
| Q1 24 | 8.19× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
REI
Segment breakdown not available.
VTS
| Oil Reserves | $54.5M | 93% |
| Natural Gas Reserves | $4.2M | 7% |
