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Ring Energy REI Asset Retirement Obligation Revision Of Estimate

Asset Retirement Obligation Revision Of Estimate at other companies

Oil-Dri Corporation of AmericaODC

$231.5K+1,072%

MeiraGTx Holdings plcMGTX

-$200K-332%

Select Water SolutionsWTTR

$3.07M—

Idaho Strategic ResourcesIDR

-$5.22K-6.8%

Ring EnergyREI

$8.94K—

enCore EnergyEU

$236.5K+117%

Other financials

Income statement

Revenue$73.7M-6.9%

Gross profit$88.1M+31.7%

Operating income-$141.8M-734%

Net income-$220.6M-2,521%

EPS (diluted)-$1.06-2,220%

Balance sheet

Cash & equivalents$1.0M-5.5%

Total debt$3.1M-28.0%

Total equity$622.0M-29.5%

Total assets$1.3B-16.7%

Cash flow

Operating cash flow$25.9M-8.7%

CapEx--100%

Free cash flow$25.9M-8.6%

Valuation

Market cap$274.16M+69.4%

Enterprise value$276.22M+66.7%

P/S0.9×+0.4×

Profitability

Gross margin99.9%+1.9pp

Operating margin-65.8%-99.3pp

Net margin-87.6%-108pp

FCF margin49.1%-1.5pp

Returns & leverage

Return on equity-35.2%-43.7pp

Debt / equity0×0.0×

Current ratio0.4×-0.1×

Where this comes from

Reported directly by Ring Energy in its filing.

Tagged under the XBRL concept us-gaap:AssetRetirementObligationRevisionOfEstimate.

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 asset retirement obligation revision of estimate?: Ring Energy (REI) reported asset retirement obligation revision of estimate of $8.94K in Q1 2026.
What does asset retirement obligation revision of estimate mean?: This metric reflects adjustments to the present value of asset retirement obligations resulting from changes in expected future costs, inflation rates, or discount rates. It highlights the sensitivity of the company's long-term environmental liabilities to external economic factors and operational cost projections. Frequent or large revisions can indicate volatility in the company's long-term cost forecasting.