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Ring Energy REI Provision for Credit Losses

Provision for Credit Losses at other companies

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Travel + LeisureTNL
$100M+9.9%
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BeldenBDC
$150K-75.0%
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Orion Group HoldingsORN
-$18K-108%
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US Physical TherapyUSPH
$2M+8.4%
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MetroCity BanksharesMCBS
-$813K-702%
Donnelley Financial Solutions logo
Donnelley Financial SolutionsDFIN
$2.7M+50.0%

Other financials

Income statement

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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

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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

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Operating cash flow$25.9M-8.7%
CapEx--100%
Free cash flow$25.9M-8.6%

Valuation

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Market cap$274.16M+69.4%
Enterprise value$276.22M+66.7%
P/S0.9×+0.4×

Profitability

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Gross margin99.9%+1.9pp
Operating margin-65.8%-99.3pp
Net margin-87.6%-108pp
FCF margin49.1%-1.5pp

Returns & leverage

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Return on equity-35.2%-43.7pp
Debt / equity0.0×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by Ring Energy in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

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 provision for credit losses?
Ring Energy (REI) reported provision for credit losses of $0 in Q1 2026.
How has Ring Energy's provision for credit losses changed year-over-year?
Ring Energy's provision for credit losses decreased by 100.0% year-over-year, from $17.92K to $0.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.