Ring Energy REI Payments To Acquire Oil And Gas Property
Payments To Acquire Oil And Gas Property at other companies
Other financials
Where this comes from
Reported directly by Ring Energy in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireOilAndGasProperty.
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 payments to acquire oil and gas property?
- Ring Energy (REI) reported payments to acquire oil and gas property of $2.78M in Q1 2026.
- How has Ring Energy's payments to acquire oil and gas property changed year-over-year?
- Ring Energy's payments to acquire oil and gas property increased by 329.9% year-over-year, from $647.11K to $2.78M.
- What is the long-term trend for Ring Energy's payments to acquire oil and gas property?
- Over 4 years (2021 to 2025), Ring Energy's payments to acquire oil and gas property has grown at a 16.6% compound annual growth rate (CAGR), from $1.37M to $2.53M.
- What does payments to acquire oil and gas property mean?
- This captures the cash expenditures incurred to acquire proved or unproved oil and gas properties, including leasehold interests and mineral rights. It reflects the company's strategy for expanding its reserve base through inorganic growth.