Ring Energy (REI) Total Debt (2011 - 2026)
Ring Energy (REI) reported Total Debt of $361.5 million for Q2 2026, down 19.6% from $449.49 million a year earlier and down 15.1% from the prior quarter.
Ring Energy (REI) Total Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Ring Energy posted Total Debt of $420.51 million, up 9.1% from FY2024.
- Total Debt has a five-year compound annual growth rate of 6.1% (FY2020 to FY2025).
- By year, Total Debt came in at $385.5 million in FY2024 (-9.4%), $425.53 million in FY2023 (+2.4%), $415.5 million in FY2022 (+43.0%) and $290.59 million in FY2021 (-7.2%).
- The Q2 2026 figure ranks as the lowest quarterly Total Debt since Q2 2022.
- Year over year, Total Debt gained in four of the last eight quarters, with an average decline of 0.9%.
- The high point for year-over-year Total Debt in five years was Q1 2023 (growth of 50.6%); the low point was Q2 2026 (a decline of 19.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $426 million (Q1 2026), $420.51 million (Q4 2025) and $429 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 65.60 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 401.00 Mn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 33.10 Bn |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 36.67 Bn |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 23.29 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 20.57 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 12.39 Bn |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 9.85 Bn |
| 10 | Ring Energy | 333.47 Mn | 330.10 Mn | - | 361.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 361.50 Mn |
| Mar 31, 2026 | 426.00 Mn |
| Dec 31, 2025 | 420.51 Mn |
| Sep 30, 2025 | 429.00 Mn |
| Jun 30, 2025 | 449.49 Mn |
| Mar 31, 2025 | 460.00 Mn |
| Dec 31, 2024 | 385.50 Mn |
| Sep 30, 2024 | 392.91 Mn |
| Jun 30, 2024 | 408.36 Mn |
| Mar 31, 2024 | 422.00 Mn |
| Dec 31, 2023 | 425.53 Mn |
| Sep 30, 2023 | 428.95 Mn |
| Jun 30, 2023 | 398.41 Mn |
| Mar 31, 2023 | 422.00 Mn |
| Dec 31, 2022 | 415.50 Mn |
| Sep 30, 2022 | 435.88 Mn |
| Jun 30, 2022 | 270.89 Mn |
| Mar 31, 2022 | 280.22 Mn |
| Dec 31, 2021 | 290.59 Mn |
| Sep 30, 2021 | 295.86 Mn |
Ring Energy Total Debt 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=total-debt&ticker=REI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();