Growth Metrics

Ring Energy (REI) Operating Expenses (2016 - 2026)

Ring Energy's Operating Expenses history spans 16 years, with the latest figure at $92.0 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 53.88% to $92.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $341.5 million, a 46.31% increase, with the full-year FY2025 number at $341.5 million, up 46.31% from a year prior.
  • Operating Expenses hit $92.0 million in Q4 2025 for Ring Energy, down from $133.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for REI hit a ceiling of $133.6 million in Q3 2025 and a floor of $23.2 million in Q1 2021.
  • Historically, Operating Expenses has averaged $52.9 million across 5 years, with a median of $54.1 million in 2023.
  • Biggest five-year swings in Operating Expenses: crashed 85.36% in 2021 and later skyrocketed 124.93% in 2025.
  • Tracing REI's Operating Expenses over 5 years: stood at $27.8 million in 2021, then skyrocketed by 93.77% to $53.9 million in 2022, then increased by 9.62% to $59.0 million in 2023, then increased by 1.31% to $59.8 million in 2024, then soared by 53.88% to $92.0 million in 2025.
  • Business Quant data shows Operating Expenses for REI at $92.0 million in Q4 2025, $133.6 million in Q3 2025, and $59.1 million in Q2 2025.