Ring Energy (REI) Operating Income (2010 - 2026)
Ring Energy (REI) posted Operating Income of -$141.8 million for Q1 2026, down 463.56% sequentially from -$25.2 million in Q4 2025, and down 734.4% YoY from $22.4 million in Q1 2025.
Ring Energy (REI) Operating Income (2010 - 2026) Analysis & Trends
Ring Energy has reported Operating Income for 17 years, with the latest figure at -$141.8 million in Q1 2026.
- Quarterly Operating Income fell 734.4% year-over-year to -$141.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$198.5 million (down 268.75% YoY) and the FY2025 annual result came in at -$34.3 million, down 125.84% from the prior year.
- Operating Income slipped to -$141.8 million in Q1 2026 per REI's latest filing, from -$25.2 million in the prior quarter.
- Over five years, Operating Income peaked at $54.2 million in Q2 2022 and troughed at -$141.8 million in Q1 2026.
- A 5-year average of $17.3 million and a median of $35.7 million in 2023 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2026: Operating Income jumped 134.78% in 2022, then tumbled 734.4% in 2026.
- Over 5 years, Operating Income stood at $45.8 million in 2022, then retreated by 10.77% to $40.9 million in 2023, then slumped by 42.24% to $23.6 million in 2024, then sank by 206.53% to -$25.2 million in 2025, then slumped by 463.56% to -$141.8 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$141.8 million, -$25.2 million, and -$55.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 10.54 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.19 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 394.04 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 191.82 Mn |
| 10 | Ring Energy | 345.08 Mn | 337.61 Mn | - | 50.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 50.27 Mn |
| Mar 31, 2026 | -141.83 Mn |
| Dec 31, 2025 | -25.17 Mn |
| Sep 30, 2025 | -55.00 Mn |
| Jun 30, 2025 | 23.48 Mn |
| Mar 31, 2025 | 22.36 Mn |
| Dec 31, 2024 | 23.62 Mn |
| Sep 30, 2024 | 29.85 Mn |
| Jun 30, 2024 | 41.82 Mn |
| Mar 31, 2024 | 37.62 Mn |
| Dec 31, 2023 | 40.90 Mn |
| Sep 30, 2023 | 39.57 Mn |
| Jun 30, 2023 | 29.66 Mn |
| Mar 31, 2023 | 35.65 Mn |
| Dec 31, 2022 | 45.83 Mn |
| Sep 30, 2022 | 53.57 Mn |
| Jun 30, 2022 | 54.15 Mn |
| Mar 31, 2022 | 38.19 Mn |
| Dec 31, 2021 | 31.87 Mn |
| Sep 30, 2021 | 24.39 Mn |