Ring Energy REI
NYSE REI
$1.49 -0.03 (-2.30%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ring Energy (REI) Operating Expenses (2010 - 2026)

Ring Energy's (REI) quarterly Operating Expenses came in at $54.4 million in Q2 2026, down 7.98% year-over-year from $59.1 million in Q2 2025, and down 74.75% quarter-over-quarter from $215.5 million in Q1 2026.

Analysis

Ring Energy (REI) Operating Expenses (2010 - 2026) Analysis & Trends

Ring Energy has disclosed Operating Expenses across 17 years of filings, most recently posting $54.4 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 7.98% year-over-year to $54.4 million; the TTM figure through Jun 2026 stood at $495.6 million (up 110.8% YoY), while the FY2025 annual figure was $341.5 million, up 46.31% from the prior year.
  • Operating Expenses came in at $54.4 million for Q2 2026 at Ring Energy, down from $215.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $215.5 million in Q1 2026 to a low of $30.0 million in Q1 2022.
  • Average Operating Expenses over 5 years is $67.5 million, with a median of $56.8 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 279.83% in 2026 against a maximum downside of 7.98% in 2026.
  • Over 5 years, Operating Expenses stood at $53.9 million in 2022, then grew by 9.62% to $59.0 million in 2023, then grew by 1.31% to $59.8 million in 2024, then surged by 53.88% to $92.0 million in 2025, then slumped by 40.89% to $54.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $54.4 million in Q2 2026, $215.5 million in Q1 2026, and $92.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 166.07 Bn 158.38 Bn 12.81 Bn 2.43 Bn
2 Canadian Natural Resources 107.37 Bn 105.48 Bn 8.84 Bn 114.95 Mn
3 Eog Resources 77.26 Bn 72.36 Bn - 5.09 Bn
4 Diamondback Energy 56.93 Bn 56.47 Bn 5.55 Bn 3.05 Bn
5 Devon Energy 45.90 Bn 44.89 Bn 6.02 Bn 5.03 Bn
6 Expand Energy 23.03 Bn 21.76 Bn 2.33 Bn 2.30 Bn
7 Permian Resources 19.81 Bn 19.55 Bn - 929.86 Mn
8 Ovintiv 18.04 Bn 17.15 Bn 2.83 Bn 2.02 Bn
9 Apa 15.80 Bn 15.36 Bn 2.28 Bn 1.12 Bn
10 Ring Energy 349.76 Mn 342.28 Mn - 54.41 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 54.41 Mn
Mar 31, 2026 215.50 Mn
Dec 31, 2025 92.05 Mn
Sep 30, 2025 133.61 Mn
Jun 30, 2025 59.13 Mn
Mar 31, 2025 56.74 Mn
Dec 31, 2024 59.82 Mn
Sep 30, 2024 59.40 Mn
Jun 30, 2024 57.32 Mn
Mar 31, 2024 56.89 Mn
Dec 31, 2023 59.04 Mn
Sep 30, 2023 54.11 Mn
Jun 30, 2023 49.69 Mn
Mar 31, 2023 52.43 Mn
Dec 31, 2022 53.86 Mn
Sep 30, 2022 40.84 Mn
Jun 30, 2022 30.81 Mn
Mar 31, 2022 30.00 Mn
Dec 31, 2021 27.80 Mn
Sep 30, 2021 24.99 Mn