Ring Energy REI Payments to Explore and Develop Oil and Gas Properties
Payments to Explore and Develop Oil and Gas Properties at other companies
Other financials
Where this comes from
Reported directly by Ring Energy in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToExploreAndDevelopOilAndGasProperties.
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 explore and develop oil and gas properties?
- Ring Energy (REI) reported payments to explore and develop oil and gas properties of $32.51M in Q1 2026.
- How has Ring Energy's payments to explore and develop oil and gas properties changed year-over-year?
- Ring Energy's payments to explore and develop oil and gas properties increased by 4.6% year-over-year, from $31.08M to $32.51M.
- What is the long-term trend for Ring Energy's payments to explore and develop oil and gas properties?
- Over 4 years (2021 to 2025), Ring Energy's payments to explore and develop oil and gas properties has grown at a 16.7% compound annual growth rate (CAGR), from $51.3M to $95.21M.
- What does payments to explore and develop oil and gas properties mean?
- This represents the capital expenditures dedicated to the drilling, completion, and infrastructure development of oil and gas assets. It is a primary indicator of the company's commitment to organic production growth and reserve replacement.