Ring Energy REI
NYSE REI
$1.49 -0.03 (-2.30%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ring Energy (REI) EBIT (2010 - 2026)

Ring Energy's (REI) quarterly EBIT came in at $50.3 million in Q2 2026, up 114.15% year-over-year from $23.5 million in Q2 2025, and up 135.45% quarter-over-quarter from -$141.8 million in Q1 2026.

Analysis

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

Ring Energy has disclosed EBIT across 17 years of filings, most recently posting $50.3 million for Q2 2026.

  • In Q2 2026, EBIT rose 114.15% year-over-year to $50.3 million; the TTM figure through Jun 2026 stood at -$171.7 million (down 272.93% YoY), while the FY2025 annual figure was -$34.3 million, down 125.84% from the prior year.
  • EBIT came in at $50.3 million for Q2 2026 at Ring Energy, up from -$141.8 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.
  • Average EBIT over 5 years is $19.1 million, with a median of $36.6 million recorded in 2023.
  • Year-over-year, EBIT soared 134.78% in 2022 and slumped 734.4% in 2026.
  • Over 5 years, EBIT stood at $45.8 million in 2022, then declined by 10.77% to $40.9 million in 2023, then plunged by 42.24% to $23.6 million in 2024, then tumbled by 206.53% to -$25.2 million in 2025, then jumped by 299.77% to $50.3 million in 2026.
  • Per Business Quant data, the three most recent EBIT figures were $50.3 million in Q2 2026, -$141.8 million in Q1 2026, and -$25.2 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Conocophillips 166.07 Bn 158.38 Bn 12.81 Bn 10.38 Bn
2 Canadian Natural Resources 107.37 Bn 105.48 Bn 8.84 Bn 8.73 Bn
3 Eog Resources 77.26 Bn 72.36 Bn - 3.53 Bn
4 Diamondback Energy 56.93 Bn 56.47 Bn 5.55 Bn 2.51 Bn
5 Devon Energy 45.90 Bn 44.89 Bn 6.02 Bn 2.38 Bn
6 Expand Energy 23.03 Bn 21.76 Bn 2.33 Bn 661.00 Mn
7 Permian Resources 19.81 Bn 19.55 Bn - 928.18 Mn
8 Ovintiv 18.04 Bn 17.15 Bn 2.83 Bn 994.00 Mn
9 Apa 15.80 Bn 15.36 Bn 2.28 Bn 1.16 Bn
10 Ring Energy 349.76 Mn 342.28 Mn - 50.27 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 50.27 Mn
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