Ring Energy (REI) Shares Outstanding (Diluted) (2011 - 2026)
Ring Energy (REI) reported Shares Outstanding (Diluted) of 237.81 million for Q2 2026, up 14.9% from 206.98 million a year earlier and up 14.0% from the prior quarter.
Powered by 
Analysis
Ring Energy (REI) Shares Outstanding (Diluted) (2011 - 2026) Analysis & Trends
For FY2025, Ring Energy posted Shares Outstanding (Diluted) of 204.98 million, up 2.4% from FY2024.
- Shares Outstanding (Diluted) has increased for 14 consecutive years, with a five-year compound annual growth rate of 23.0% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 200.28 million in FY2024 (+2.5%), 195.36 million in FY2023 (+37.8%), 141.75 million in FY2022 (+17.0%) and 121.19 million in FY2021 (+66.3%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2011.
- Year over year, Shares Outstanding (Diluted) has now increased in each of the last 56 quarters, with growth averaging 4.2% over the last eight quarters.
- The year-over-year growth in Shares Outstanding (Diluted) has ranged between 0.9% (Q1 2025) and 78.3% (Q3 2021) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 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 (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 4.42 Bn |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 5.95 Bn |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | 1.98 Bn |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | 2.57 Bn |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 3.09 Bn |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 1.21 Bn |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | 2.60 Bn |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | 402.62 Mn |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | 2.10 Bn |
| 10 | Ring Energy | 343.89 Mn | 340.52 Mn | - | 237.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 237.81 Mn |
| Mar 31, 2026 | 208.56 Mn |
| Dec 31, 2025 | 204.98 Mn |
| Sep 30, 2025 | 206.69 Mn |
| Jun 30, 2025 | 206.98 Mn |
| Mar 31, 2025 | 201.07 Mn |
| Dec 31, 2024 | 200.28 Mn |
| Sep 30, 2024 | 200.72 Mn |
| Jun 30, 2024 | 200.43 Mn |
| Mar 31, 2024 | 199.31 Mn |
| Dec 31, 2023 | 195.36 Mn |
| Sep 30, 2023 | 195.36 Mn |
| Jun 30, 2023 | 195.87 Mn |
| Mar 31, 2023 | 190.14 Mn |
| Dec 31, 2022 | 141.75 Mn |
| Sep 30, 2022 | 151.75 Mn |
| Jun 30, 2022 | 130.60 Mn |
| Mar 31, 2022 | 124.00 Mn |
| Dec 31, 2021 | 121.19 Mn |
| Sep 30, 2021 | 121.22 Mn |
API Access
Ring Energy Shares Outstanding (Diluted) 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-diluted&ticker=REI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();