REI (Ring Energy) Accounts Payable & Accrued Expense : $87.0 Mil (As of Mar. 2025)

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What is Ring Energy Accounts Payable & Accrued Expense?

Ring Energy's quarterly accounts payable & accrued expense increased from Sep. 2024 ($90.4 Mil) to Dec. 2024 ($96.1 Mil) but then declined from Dec. 2024 ($96.1 Mil) to Mar. 2025 ($87.0 Mil).

Ring Energy's annual accounts payable & accrued expense declined from Dec. 2022 ($111.4 Mil) to Dec. 2023 ($104.1 Mil) and declined from Dec. 2023 ($104.1 Mil) to Dec. 2024 ($96.1 Mil).

Ring Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ring Energy's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ring Energy Accounts Payable & Accrued Expense Chart

Ring Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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32.50

46.23

111.40

104.06

96.06

Ring Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															99.25	90.20	90.40	96.06	86.96

Ring Energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Ring Energy Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KWE1:Germany

Address

1725 Hughes Landing Boulevard, Suite 900, The Woodlands, TX, USA, 77380

Website

https://www.ringenergy.com

Ring Energy Inc is an independent exploration and production company based in The Woodlands, Texas and is engaged in oil and natural gas development, production, acquisition, and exploration activities currently focused in the Permian Basin of Texas. The drilling operations of the company target the oil and liquid rich producing formations in the Northwest Shelf, the Central Basin Platform and the Delaware Basin all of which are part of the Permian Basin in Texas.

Executives

Warburg Pincus (e&p) Xii Llc	10 percent owner	450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus & Co Us, Llc	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Alexander Dyes	officer: VP Engineering & Corp Strategy	4220 CENTER STREET, HOUSTON TX 77007
John A Crum	director	5400 WESTHEIMER COURT, HOUSTON TX 77056
Paul D. Mckinney	director, officer: CEO and Chairman of the Board	1177 WEST LOOP SOUTH, SUITE 1825, HOUSTON TX 77027
Regina Roesener	director	10816 WEST ROCKLAND DRIVE, LITTLETON CO 80127
Anthony Benedict Petrelli	director	6250 RAIN DANCE TRAIL, LITTLETON CO 80125
Stronghold Energy Ii Operating, Llc	10 percent owner	508 W. WALL STREET, SUITE %%), MIDLAND TX 79701
Richard E Harris	director	2000 CHARWOOD DR, APT 2502, COLUMBUS IN 47201
William T Kruse	10 percent owner	1340 S MAIN ST., STE 300, GRAPEVINE TX 76051
David Habachy	director	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVE, NEW YORK NY 10017
Wp Energy Partners Stronghold Holdings, L.p.	10 percent owner	C/O WARBURG PINCUS, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Stronghold Energy Ii Holdings, Llc	10 percent owner	508 W. WALL STREET, SUITE 550, MIDLAND TX 79701
Warburg Pincus Xii (e&p) Partners-2 Stronghold, Llc	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Energy (e&p) Partners-b Stronghold, Llc	10 percent owner	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017