Ring Energy (REI) EBIT (2010 - 2026)
Ring Energy's (REI) quarterly EBIT came in at -$141.8 million in Q1 2026, down 734.4% year-on-year from $22.4 million in Q1 2025, and down 463.56% quarter-over-quarter from -$25.2 million in Q4 2025.
Ring Energy (REI) EBIT (2010 - 2026) Analysis & Trends
Ring Energy has disclosed EBIT across 17 years of filings, most recently posting -$141.8 million for Q1 2026.
- EBIT for Q1 2026 came in at -$141.8 million, down 734.4% year-over-year; the trailing twelve-month figure through Mar 2026 was -$198.5 million (down 268.75% YoY), and the FY2025 annual result was -$34.3 million, down 125.84% from the prior year.
- EBIT came in at -$141.8 million for Q1 2026 at Ring Energy, down 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.
- The 5-year median for EBIT is $35.7 million (2023), against an average of $17.3 million.
- Across the five-year window, EBIT surged 134.78% in 2022 and tumbled 734.4% in 2026, its largest moves.
- Ring Energy's EBIT stood at $45.8 million in 2022, then declined by 10.77% to $40.9 million in 2023, then slumped by 42.24% to $23.6 million in 2024, then sank by 206.53% to -$25.2 million in 2025, then slumped by 463.56% to -$141.8 million in 2026.
- The last three EBIT figures came in at -$141.8 million (Q1 2026), -$25.2 million (Q4 2025), and -$55.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 1.10 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 5.68 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 7.20 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 2.60 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 3.76 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 116.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 215.59 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 2.04 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 266.77 Mn |
| 10 | Ring Energy | 263.83 Mn | 251.57 Mn | 70.12 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 |