Ring Energy REI Joint interest and other, net
Joint interest and other, net at other companies
Other financials
Where this comes from
Reported directly by Ring Energy in its filing.
Tagged under the XBRL concept us-gaap:OilAndGasJointInterestBillingReceivablesCurrent.
The official record: Ring Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Ring Energy's joint interest and other, net?
- Ring Energy (REI) reported joint interest and other, net of $901.47K in Q1 2026.
- How has Ring Energy's joint interest and other, net changed year-over-year?
- Ring Energy's joint interest and other, net decreased by 57.5% year-over-year, from $2.12M to $901.47K.
- What is the long-term trend for Ring Energy's joint interest and other, net?
- Over 5 years (2020 to 2025), Ring Energy's joint interest and other, net has grown at a 4.1% compound annual growth rate (CAGR), from $1.33M to $1.62M.
- What does joint interest and other, net mean?
- This represents the net amount of receivables due from non-operating partners for their share of joint exploration and production costs. It reflects the company's ability to collect outstanding balances related to shared operational expenses in the Permian Basin. High balances may indicate delays in partner payments or potential liquidity constraints.