Ring Energy (REI) Asset Utilization Ratio (2011 - 2026)

Ring Energy's (REI) quarterly Asset Utilization Ratio came in at 0.23 in Q1 2026, down 6.04% year-on-year from 0.24 in Q1 2025, and up 4.87% quarter-over-quarter from 0.22 in Q4 2025.

Ring Energy (REI) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Ring Energy has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.23 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.23, down 6.04% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.23 (down 6.04% YoY), and the FY2025 annual result was 0.22, down 17.2% from the prior year.
  • Asset Utilization Ratio came in at 0.23 for Q1 2026 at Ring Energy, up from 0.22 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.38 in Q2 2022 to a low of 0.2 in Q4 2022.
  • The 5-year median for Asset Utilization Ratio is 0.24 (2025), against an average of 0.25.
  • Across the five-year window, Asset Utilization Ratio jumped 100.02% in 2022 and plunged 44.45% in 2023, its largest moves.
  • Ring Energy's Asset Utilization Ratio stood at 0.2 in 2022, then surged by 31.36% to 0.26 in 2023, then fell by 1.0% to 0.26 in 2024, then fell by 17.29% to 0.22 in 2025, then climbed by 4.87% to 0.23 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.23 (Q1 2026), 0.22 (Q4 2025), and 0.22 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 2.23
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.47
4 Eog Resources 72.93 Bn 69.08 Bn - 0.45
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.24
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.22
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 0.39
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.25
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 577.71
10 Ring Energy 263.83 Mn 251.57 Mn 70.12 Mn 0.23

Historic Data

Download Data
DateValue
Mar 31, 2026 0.23
Dec 31, 2025 0.22
Sep 30, 2025 0.22
Jun 30, 2025 0.22
Mar 31, 2025 0.24
Dec 31, 2024 0.26
Sep 30, 2024 0.27
Jun 30, 2024 0.28
Mar 31, 2024 0.27
Dec 31, 2023 0.26
Sep 30, 2023 0.27
Jun 30, 2023 0.21
Mar 31, 2023 0.21
Dec 31, 2022 0.20
Sep 30, 2022 0.22
Jun 30, 2022 0.38
Mar 31, 2022 0.34
Dec 31, 2021 0.30
Sep 30, 2021 0.25
Jun 30, 2021 0.22