Ring Energy (REI) Change in Taxes (2013 - 2015)

Ring Energy (REI) reported Change in Taxes of -$684152.0 for Q3 2015, down 167.47% on a YoY basis from $1.0 million in Q3 2014, and down 167.47% sequentially from $1.0 million in Q3 2014.

Ring Energy (REI) Change in Taxes (2013 - 2015) Analysis & Trends

Ring Energy (REI) has 3 years of Change in Taxes data on file, last reported at -$684152.0 in Q3 2015.

  • For the quarter ending Q3 2015, Change in Taxes fell 167.47% year-over-year to -$684152.0; the trailing twelve-month figure through Sep 2015 stood at $2.7 million (down 22.2% YoY), and the FY2013 full-year result was $77701.0, up 125.87% from the prior year.
  • Change in Taxes declined to -$684152.0 in Q3 2015, from $1.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $1.7 million in Q2 2014 to a low of -$684152.0 in Q3 2015.
  • A 3-year average of $549631.0 and a median of $683436.0 in 2014 frame the typical range for Change in Taxes.
  • Peak annual rise in Change in Taxes reached 167.47% in 2015, while the deepest fall reached 167.47% in 2015.
  • Tracing REI's Change in Taxes over 3 years: stood at $77701.0 in 2013, then jumped by 1204.95% to $1.0 million in 2014, then sank by 167.47% to -$684152.0 in 2015.
  • Business Quant data shows REI's Change in Taxes at -$684152.0 in Q3 2015, $1.0 million in Q3 2014, and $1.7 million in Q2 2014.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn -
2 Eog Resources 74.61 Bn 70.76 Bn - 467.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 287.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 35.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 33.26 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn -
10 Ring Energy 242.97 Mn 237.91 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2015 -684,152.00
Sep 30, 2015 -684,152.00
Sep 30, 2014 1.01 Mn
Sep 30, 2014 1.01 Mn
Jun 30, 2014 1.66 Mn
Jun 30, 2014 1.66 Mn
Mar 31, 2014 683,436.00
Mar 31, 2014 683,436.00
Dec 31, 2013 77,701.00
Dec 31, 2013 77,701.00