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| Date | Value |
|---|---|
| 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 |