Ring Energy (REI) Shares Outstanding (2010 - 2026)
Ring Energy (REI) recorded Shares Outstanding of 233.95 million in Q2 2026, up 13.3% from 206.52 million a year earlier and up 12.2% from the prior quarter.
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Analysis
Ring Energy (REI) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Ring Energy reported Shares Outstanding of 204.98 million, up 3.6% from FY2024.
- Annual Shares Outstanding has increased for 15 straight years, with a five-year compound annual growth rate of 23.0% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 197.94 million in FY2024 (+3.9%), 190.59 million in FY2023 (+57.2%), 121.26 million in FY2022 (+22.0%) and 99.39 million in FY2021 (+36.3%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding in data going back to Q2 2010.
- On a year-over-year basis, Shares Outstanding has increased for 56 consecutive quarters, with growth averaging 4.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 1.0% (Q1 2025) to 81.5% (Q2 2023).
- Per Business Quant, the preceding three quarters came in at 208.56 million (Q1 2026), 204.98 million (Q4 2025) and 206.69 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.89 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.97 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.55 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.02 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.59 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 400.95 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 2.09 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.22 Bn |
| 10 | Ring Energy | 343.89 Mn | 340.52 Mn | - | 233.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 233.95 Mn |
| Mar 31, 2026 | 208.56 Mn |
| Dec 31, 2025 | 204.98 Mn |
| Sep 30, 2025 | 206.69 Mn |
| Jun 30, 2025 | 206.52 Mn |
| Mar 31, 2025 | 199.31 Mn |
| Dec 31, 2024 | 197.94 Mn |
| Sep 30, 2024 | 198.18 Mn |
| Jun 30, 2024 | 197.98 Mn |
| Mar 31, 2024 | 197.39 Mn |
| Dec 31, 2023 | 190.59 Mn |
| Sep 30, 2023 | 195.36 Mn |
| Jun 30, 2023 | 193.08 Mn |
| Mar 31, 2023 | 177.98 Mn |
| Dec 31, 2022 | 121.26 Mn |
| Sep 30, 2022 | 115.38 Mn |
| Jun 30, 2022 | 106.39 Mn |
| Mar 31, 2022 | 100.19 Mn |
| Dec 31, 2021 | 99.39 Mn |
| Sep 30, 2021 | 99.36 Mn |
API Access
Ring Energy Shares Outstanding 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=shares-outstanding&ticker=REI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();