Ring Energy (REI) Cost of Revenue (2010 - 2026)
Ring Energy's (REI) quarterly Cost of Revenue came in at $3.6 million in Q1 2026, down 0.85% year-on-year from $3.6 million in Q1 2025, and up 10.23% quarter-over-quarter from $3.2 million in Q4 2025.
Ring Energy (REI) Cost of Revenue (2010 - 2026) Analysis & Trends
Ring Energy has disclosed Cost of Revenue across 17 years of filings, most recently posting $3.6 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $3.6 million, down 0.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.3 million (down 6.49% YoY), and the FY2025 annual result was $14.3 million, down 11.2% from the prior year.
- Cost of Revenue came in at $3.6 million for Q1 2026 at Ring Energy, up from $3.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $5.2 million in Q4 2022 to a low of $3.2 million in Q1 2022.
- The 5-year median for Cost of Revenue is $4.0 million (2023), against an average of $4.1 million.
- Across the five-year window, Cost of Revenue soared 103.66% in 2022 and dropped 22.26% in 2024, its largest moves.
- Ring Energy's Cost of Revenue stood at $5.2 million in 2022, then dropped by 4.34% to $5.0 million in 2023, then retreated by 22.26% to $3.9 million in 2024, then decreased by 16.41% to $3.2 million in 2025, then grew by 10.23% to $3.6 million in 2026.
- The last three Cost of Revenue figures came in at $3.6 million (Q1 2026), $3.2 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 639.66 Bn | 633.72 Bn | - | 326.00 Mn |
| 2 | Canadian Natural Resources | 395.91 Bn | 395.91 Bn | 6.72 Bn | 1.16 Bn |
| 3 | Conocophillips | 147.10 Bn | 140.74 Bn | 9.48 Bn | 6.28 Bn |
| 4 | Eog Resources | 74.80 Bn | 70.95 Bn | - | - |
| 5 | Occidental Petroleum | 56.58 Bn | 53.39 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Diamondback Energy | 55.66 Bn | 61.83 Bn | 4.22 Bn | 24.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.54 Bn | 34.93 Bn | 472.36 Mn | 66.16 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 400.34 Mn |
| 9 | Vermilion Energy | 32.08 Bn | 31.89 Bn | 370.10 Mn | 4.23 Mn |
| 10 | Ring Energy | 270.08 Mn | 257.83 Mn | 70.12 Mn | 3.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.55 Mn |
| Mar 31, 2026 | 3.55 Mn |
| Dec 31, 2025 | 3.22 Mn |
| Dec 31, 2025 | 3.22 Mn |
| Sep 30, 2025 | 3.67 Mn |
| Sep 30, 2025 | 3.67 Mn |
| Jun 30, 2025 | 3.83 Mn |
| Jun 30, 2025 | 3.83 Mn |
| Mar 31, 2025 | 3.58 Mn |
| Mar 31, 2025 | 3.58 Mn |
| Dec 31, 2024 | 3.86 Mn |
| Dec 31, 2024 | 3.86 Mn |
| Sep 30, 2024 | 4.20 Mn |
| Sep 30, 2024 | 4.20 Mn |
| Jun 30, 2024 | 3.63 Mn |
| Jun 30, 2024 | 3.63 Mn |
| Mar 31, 2024 | 4.43 Mn |
| Mar 31, 2024 | 4.43 Mn |
| Dec 31, 2023 | 4.96 Mn |
| Dec 31, 2023 | 4.96 Mn |