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

Ring Energy (REI) reported Operating Expenses of $215.5 million for Q1 2026, up 279.83% on a YoY basis from $56.7 million in Q1 2025, and up 134.11% sequentially from $92.0 million in Q4 2025.

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

Ring Energy (REI) has 17 years of Operating Expenses data on file, last reported at $215.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 279.83% year-over-year to $215.5 million; the trailing twelve-month figure through Mar 2026 stood at $500.3 million (up 114.46% YoY), and the FY2025 full-year result was $341.5 million, up 46.31% from the prior year.
  • Operating Expenses advanced to $215.5 million in Q1 2026, from $92.0 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.
  • A 5-year average of $68.3 million and a median of $56.9 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses declined 0.27% in 2025 and soared 279.83% in 2026, its largest moves.
  • Tracing REI's Operating Expenses over 5 years: stood at $53.9 million in 2022, then climbed by 9.62% to $59.0 million in 2023, then climbed by 1.31% to $59.8 million in 2024, then jumped by 53.88% to $92.0 million in 2025, then soared by 134.11% to $215.5 million in 2026.
  • Business Quant data shows REI's Operating Expenses at $215.5 million in Q1 2026, $92.0 million in Q4 2025, and $133.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 4.12 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 4.86 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 60.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 54.49 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 3.64 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 2.87 Bn
10 Ring Energy 242.97 Mn 237.91 Mn - 215.50 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 24.52 Mn