Ring Energy (REI) Operating Expenses (2010 - 2026)
Ring Energy (REI) posted Operating Expenses of $215.5 million for Q1 2026, up 134.11% sequentially from $92.0 million in Q4 2025, and up 279.83% YoY from $56.7 million in Q1 2025.
Ring Energy (REI) Operating Expenses (2010 - 2026) Analysis & Trends
Ring Energy has reported Operating Expenses for 17 years, with the latest figure at $215.5 million in Q1 2026.
- Quarterly Operating Expenses rose 279.83% year-over-year to $215.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $500.3 million (up 114.46% YoY) and the FY2025 annual result came in at $341.5 million, up 46.31% from the prior year.
- Operating Expenses advanced to $215.5 million in Q1 2026 per REI's latest filing, from $92.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $215.5 million in Q1 2026 and troughed at $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.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses retreated 0.27% in 2025, then surged 279.83% in 2026.
- Over 5 years, Operating Expenses stood at $53.9 million in 2022, then rose by 9.62% to $59.0 million in 2023, then rose 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.
- According to Business Quant data, Operating Expenses over the past three periods registered $215.5 million, $92.0 million, and $133.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 54.24 Mn |
| 10 | Ring Energy | 345.08 Mn | 337.61 Mn | - | 54.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |