Ring Energy (REI) Gross Profit (2010 - 2026)
Ring Energy's (REI) quarterly Gross Profit came in at $70.1 million in Q1 2026, down 7.14% year-on-year from $75.5 million in Q1 2025, and up 10.15% quarter-over-quarter from $63.7 million in Q4 2025.
Ring Energy (REI) Gross Profit (2010 - 2026) Analysis & Trends
Ring Energy has disclosed Gross Profit across 17 years of filings, most recently posting $70.1 million for Q1 2026.
- Gross Profit for Q1 2026 came in at $70.1 million, down 7.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $287.5 million (down 14.35% YoY), and the FY2025 annual result was $292.9 million, down 16.37% from the prior year.
- Gross Profit came in at $70.1 million for Q1 2026 at Ring Energy, up from $63.7 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $95.5 million in Q2 2024 to a low of -$4.6 million in Q3 2022.
- The 5-year median for Gross Profit is $79.6 million (2024), against an average of $76.0 million.
- Across the five-year window, Gross Profit plunged 109.68% in 2022 and soared 2048.68% in 2023, its largest moves.
- Ring Energy's Gross Profit stood at $94.5 million in 2022, then gained by 0.5% to $95.0 million in 2023, then decreased by 16.21% to $79.6 million in 2024, then retreated by 20.01% to $63.7 million in 2025, then rose by 10.15% to $70.1 million in 2026.
- The last three Gross Profit figures came in at $70.1 million (Q1 2026), $63.7 million (Q4 2025), and $74.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Woodside Energy | 669.86 Bn | 663.92 Bn | - |
| 2 | Canadian Natural Resources | 393.48 Bn | 393.48 Bn | 6.72 Bn |
| 3 | Conocophillips | 143.01 Bn | 136.64 Bn | 9.48 Bn |
| 4 | Eog Resources | 72.59 Bn | 68.74 Bn | - |
| 5 | Occidental Petroleum | 55.93 Bn | 52.75 Bn | 4.87 Bn |
| 6 | Diamondback Energy | 54.41 Bn | 60.57 Bn | 4.22 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.45 Bn | 34.84 Bn | 472.36 Mn |
| 8 | Eqt | 32.44 Bn | 35.79 Bn | 2.98 Bn |
| 9 | Vermilion Energy | 31.35 Bn | 31.16 Bn | 370.10 Mn |
| 10 | Ring Energy | 269.04 Mn | 256.78 Mn | 70.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.12 Mn |
| Mar 31, 2026 | 70.12 Mn |
| Dec 31, 2025 | 63.66 Mn |
| Dec 31, 2025 | 63.66 Mn |
| Sep 30, 2025 | 74.93 Mn |
| Sep 30, 2025 | 74.93 Mn |
| Jun 30, 2025 | 78.77 Mn |
| Jun 30, 2025 | 78.77 Mn |
| Mar 31, 2025 | 75.51 Mn |
| Mar 31, 2025 | 75.51 Mn |
| Dec 31, 2024 | 79.58 Mn |
| Dec 31, 2024 | 79.58 Mn |
| Sep 30, 2024 | 85.04 Mn |
| Sep 30, 2024 | 85.04 Mn |
| Jun 30, 2024 | 95.51 Mn |
| Jun 30, 2024 | 95.51 Mn |
| Mar 31, 2024 | 90.07 Mn |
| Mar 31, 2024 | 90.07 Mn |
| Dec 31, 2023 | 94.98 Mn |
| Dec 31, 2023 | 94.98 Mn |