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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |