Ring Energy (REI) EBIT (2010 - 2026)
Ring Energy's EBIT came in at $50.27 million for Q2 2026, up 114.2% from $23.48 million a year earlier.
Analysis
Ring Energy (REI) EBIT (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ring Energy reported EBIT of -$171.72 million; for FY2025, it was -$34.34 million.
- Going back by year, EBIT was $132.9 million in FY2024 (-8.8%), $145.78 million in FY2023 (-24.0%), $191.74 million in FY2022 (+100.2%) and $95.76 million in FY2021.
- The Q2 2026 figure represents the highest quarterly EBIT since Q3 2022.
- Year-over-year, EBIT increased in 1 of the last five quarters, with an average decline of 7.4%.
- The fastest year-over-year change in EBIT over five years came in Q3 2021 (growth of 274.5%), and the weakest in Q2 2023 (a decline of 45.2%).
- Business Quant data shows REI's EBIT at -$141.83 million (Q1 2026), -$25.17 million (Q4 2025) and -$55 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 26.95 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 1.37 Bn |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 4.43 Bn |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 5.33 Bn |
| 10 | Ring Energy | 333.47 Mn | 330.10 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 |
API Access
Ring Energy EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=REI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "REI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();