Ring Energy REI
NYSE REI
$1.48 -0.01 (-0.67%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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