Ring Energy (REI) Operating Leases (2019 - 2026)
Ring Energy (REI) posted Operating Leases of $695226.0 for Q1 2026, down 15.14% sequentially from $819223.0 in Q4 2025, and down 43.69% YoY from $1.2 million in Q1 2025.
Ring Energy (REI) Operating Leases (2019 - 2026) Analysis & Trends
Ring Energy has reported Operating Leases for 8 years, with the latest figure at $695226.0 in Q1 2026.
- Quarterly Operating Leases fell 43.69% year-over-year to $695226.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $695226.0 (down 43.69% YoY) and the FY2025 annual result came in at $819223.0, down 41.73% from the prior year.
- Operating Leases eased to $695226.0 in Q1 2026 per REI's latest filing, from $819223.0 in the prior quarter.
- Over five years, Operating Leases peaked at $2.6 million in Q4 2023 and troughed at $695226.0 in Q1 2026.
- A 5-year average of $1.5 million and a median of $1.4 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2025: Operating Leases surged 143.75% in 2023, then plunged 55.01% in 2025.
- Over 5 years, Operating Leases stood at $1.5 million in 2022, then surged by 77.91% to $2.6 million in 2023, then sank by 46.39% to $1.4 million in 2024, then plunged by 41.73% to $819223.0 in 2025, then declined by 15.14% to $695226.0 in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $695226.0, $819223.0, and $1.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Ring Energy | 346.25 Mn | 338.78 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.06 Mn |
| Mar 31, 2026 | 695,226.00 |
| Dec 31, 2025 | 819,223.00 |
| Sep 30, 2025 | 1.57 Mn |
| Jun 30, 2025 | 1.06 Mn |
| Mar 31, 2025 | 1.23 Mn |
| Dec 31, 2024 | 1.41 Mn |
| Sep 30, 2024 | 1.57 Mn |
| Jun 30, 2024 | 2.36 Mn |
| Mar 31, 2024 | 1.90 Mn |
| Dec 31, 2023 | 2.62 Mn |
| Sep 30, 2023 | 2.21 Mn |
| Jun 30, 2023 | 1.66 Mn |
| Mar 31, 2023 | 1.37 Mn |
| Dec 31, 2022 | 1.47 Mn |
| Sep 30, 2022 | 905,524.00 |
| Jun 30, 2022 | 983,995.00 |
| Mar 31, 2022 | 1.06 Mn |
| Dec 31, 2021 | 1.43 Mn |
| Sep 30, 2021 | 1.21 Mn |