Ring Energy (REI) Operating Leases (2021 - 2026)
Ring Energy (REI) posted Operating Leases of $569,328 for Q2 2026, down 46.3% from $1.06 million a year earlier and down 18.1% from the prior quarter.
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Analysis
Ring Energy (REI) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2025, Ring Energy's Operating Leases came in at $819,223, down 41.7% from FY2024.
- Annual Operating Leases shows a four-year compound annual growth rate of -7.9% (FY2021 to FY2025).
- In prior years, Ring Energy's Operating Leases was $1.41 million in FY2024 (-31.6%), $2.05 million in FY2023 (+39.4%), $1.47 million in FY2022 (+29.5%) and $1.14 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Operating Leases in data going back to Q4 2021.
- On a year-over-year basis, Operating Leases has declined in each of the last eight quarters, with an average decline of 38.2% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q3 2023, with growth of 143.8%; the weakest was Q2 2026, with a decline of 46.3%.
- According to Business Quant data, Operating Leases for the three prior quarters was $695,226 (Q1 2026), $819,223 (Q4 2025) and $940,853 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - |
| 10 | Ring Energy | 333.47 Mn | 330.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 569,328.00 |
| Mar 31, 2026 | 695,226.00 |
| Dec 31, 2025 | 819,223.00 |
| Sep 30, 2025 | 940,853.00 |
| 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 | 1.74 Mn |
| Mar 31, 2024 | 1.90 Mn |
| Dec 31, 2023 | 2.05 Mn |
| Sep 30, 2023 | 2.21 Mn |
| Jun 30, 2023 | 1.26 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 |
| Dec 31, 2021 | 1.14 Mn |
API Access
Ring Energy Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=REI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "REI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();