Ring Energy (REI) Operating Leases (2019 - 2026)

Ring Energy (REI) reported Operating Leases of $695226.0 for Q1 2026, down 43.69% on a YoY basis from $1.2 million in Q1 2025, and down 15.14% sequentially from $819223.0 in Q4 2025.

Ring Energy (REI) Operating Leases (2019 - 2026) Analysis & Trends

Ring Energy (REI) has 8 years of Operating Leases data on file, last reported at $695226.0 in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 43.69% year-over-year to $695226.0; the trailing twelve-month figure through Mar 2026 stood at $695226.0 (down 43.69% YoY), and the FY2025 full-year result was $819223.0, down 41.73% from the prior year.
  • Operating Leases eased to $695226.0 in Q1 2026, from $819223.0 in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $2.6 million in Q4 2023 to a low of $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.
  • Across the five-year window, Operating Leases soared 143.75% in 2023 and slumped 55.01% in 2025, its largest moves.
  • Tracing REI's Operating Leases over 5 years: stood at $1.5 million in 2022, then surged by 77.91% to $2.6 million in 2023, then slumped by 46.39% to $1.4 million in 2024, then sank by 41.73% to $819223.0 in 2025, then decreased by 15.14% to $695226.0 in 2026.
  • Business Quant data shows REI's Operating Leases at $695226.0 in Q1 2026, $819223.0 in Q4 2025, and $1.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn
2 Eog Resources 74.61 Bn 70.76 Bn -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 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
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn
10 Ring Energy 242.97 Mn 237.91 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 1.29 Mn