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| Date | Value |
|---|---|
| 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 |