Ring Energy (REI) Payables (2010 - 2026)
Ring Energy (REI) posted Payables of $99.56 million for Q2 2026, up 18.7% from $83.91 million a year earlier but down 3.0% from the prior quarter.
Analysis
Ring Energy (REI) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Ring Energy's Payables came in at $90.76 million, down 5.7% from FY2024.
- Annual Payables has declined for three consecutive years, though with a five-year compound annual growth rate of 22.8% (FY2020 to FY2025).
- In prior years, Ring Energy's Payables was $96.23 million in FY2024 (-8.0%), $104.6 million in FY2023 (-6.5%), $111.9 million in FY2022 (+139.0%) and $46.82 million in FY2021 (+44.1%).
- Quarterly Payables has run from a low of $46.12 million in Q3 2021 to a high of $111.9 million in Q4 2022 over five years.
- On a year-over-year basis, Payables increased in two of the last eight quarters, with an average decline of 2.4%.
- The strongest year-over-year quarter for Payables in the past five years was Q4 2022, with growth of 139.0%; the weakest was Q3 2024, with a decline of 18.2%.
- According to Business Quant data, Payables for the three prior quarters was $102.62 million (Q1 2026), $90.76 million (Q4 2025) and $87.46 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 74.49 Bn |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 24.82 Bn |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 60.74 Bn |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 41.44 Bn |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 6.76 Bn |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 11.95 Bn |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 12.05 Bn |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | 1.10 Bn |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | 8.79 Bn |
| 10 | Ring Energy | 320.51 Mn | 317.15 Mn | - | 99.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.56 Mn |
| Mar 31, 2026 | 102.62 Mn |
| Dec 31, 2025 | 90.76 Mn |
| Sep 30, 2025 | 87.46 Mn |
| Jun 30, 2025 | 83.91 Mn |
| Mar 31, 2025 | 86.42 Mn |
| Dec 31, 2024 | 96.23 Mn |
| Sep 30, 2024 | 91.06 Mn |
| Jun 30, 2024 | 91.37 Mn |
| Mar 31, 2024 | 99.15 Mn |
| Dec 31, 2023 | 104.60 Mn |
| Sep 30, 2023 | 111.34 Mn |
| Jun 30, 2023 | 91.43 Mn |
| Mar 31, 2023 | 100.03 Mn |
| Dec 31, 2022 | 111.90 Mn |
| Sep 30, 2022 | 87.70 Mn |
| Jun 30, 2022 | 65.16 Mn |
| Mar 31, 2022 | 54.48 Mn |
| Dec 31, 2021 | 46.82 Mn |
| Sep 30, 2021 | 46.12 Mn |
API Access
Ring Energy Payables 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=payables&ticker=REI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();