Ring Energy REI Business Segments — Lease operating expenses

Similar metrics at other companies

APAOil and Gas, Exploration and Production — Lease operating expenses

$376M-11.0%

CRKLease Operating Expenses

$28.28M-19.2%

MTD

MTDRExploration and Production — Operating expense

$147.18M+0.9%

ARExploration And Production — Operating Lease Expense

$44.53M+31.0%

PRLease operating expenses

$192.88M+7.4%

MUROther — Lease operating expenses

$625K+56.3%

Questions, answered.

What is Ring Energy's business segments — lease operating expenses?

Ring Energy (REI) reported business segments — lease operating expenses of $18.12M in Q1 2026.

How has Ring Energy's business segments — lease operating expenses changed year-over-year?

Ring Energy's business segments — lease operating expenses decreased by 7.9% year-over-year, from $19.68M to $18.12M.

What is the long-term trend for Ring Energy's business segments — lease operating expenses?

Over 3 years (2022 to 2025), Ring Energy's business segments — lease operating expenses has grown at a 18.5% compound annual growth rate (CAGR), from $47.7M to $79.35M.

What does business segments — lease operating expenses mean?

Lease operating expenses encompass the direct costs incurred to operate and maintain oil and gas wells and related equipment. These costs are essential for ongoing production activities and are a key indicator of operational efficiency in managing field-level expenses.