Ring Energy (REI) EBIT (2010 - 2026)

Ring Energy (REI) reported EBIT of -$141.8 million for Q1 2026, down 734.4% on a YoY basis from $22.4 million in Q1 2025, and down 463.56% sequentially from -$25.2 million in Q4 2025.

Ring Energy (REI) EBIT (2010 - 2026) Analysis & Trends

Ring Energy (REI) has 17 years of EBIT data on file, last reported at -$141.8 million in Q1 2026.

  • For the quarter ending Q1 2026, EBIT fell 734.4% year-over-year to -$141.8 million; the trailing twelve-month figure through Mar 2026 stood at -$198.5 million (down 268.75% YoY), and the FY2025 full-year result was -$34.3 million, down 125.84% from the prior year.
  • EBIT slipped to -$141.8 million in Q1 2026, from -$25.2 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $54.2 million in Q2 2022 to a low of -$141.8 million in Q1 2026.
  • A 5-year average of $17.3 million and a median of $35.7 million in 2023 frame the typical range for EBIT.
  • Across the five-year window, EBIT surged 134.78% in 2022 and sank 734.4% in 2026, its largest moves.
  • Tracing REI's EBIT over 5 years: stood at $45.8 million in 2022, then dropped by 10.77% to $40.9 million in 2023, then tumbled by 42.24% to $23.6 million in 2024, then slumped by 206.53% to -$25.2 million in 2025, then tumbled by 463.56% to -$141.8 million in 2026.
  • Business Quant data shows REI's EBIT at -$141.8 million in Q1 2026, -$25.2 million in Q4 2025, and -$55.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 7.20 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 2.60 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 116.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 19.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 394.04 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 182.33 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 166.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.53 Bn
10 Ring Energy 242.97 Mn 237.91 Mn - -141.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -141.83 Mn
Dec 31, 2025 -25.17 Mn
Sep 30, 2025 -55.00 Mn
Jun 30, 2025 23.48 Mn
Mar 31, 2025 22.36 Mn
Dec 31, 2024 23.62 Mn
Sep 30, 2024 29.85 Mn
Jun 30, 2024 41.82 Mn
Mar 31, 2024 37.62 Mn
Dec 31, 2023 40.90 Mn
Sep 30, 2023 39.57 Mn
Jun 30, 2023 29.66 Mn
Mar 31, 2023 35.65 Mn
Dec 31, 2022 45.83 Mn
Sep 30, 2022 53.57 Mn
Jun 30, 2022 54.15 Mn
Mar 31, 2022 38.19 Mn
Dec 31, 2021 31.87 Mn
Sep 30, 2021 24.39 Mn
Jun 30, 2021 23.24 Mn