Ring Energy (REI) Long-Term Deferred Tax (2012 - 2021)

Ring Energy's (REI) quarterly Long-Term Deferred Tax came in at $54.4 million in Q1 2021, up 157.17% quarter-over-quarter from $21.2 million in Q3 2020.

Ring Energy (REI) Long-Term Deferred Tax (2012 - 2021) Analysis & Trends

Ring Energy has disclosed Long-Term Deferred Tax across 8 years of filings, most recently posting $54.4 million for Q1 2021.

  • Long-Term Deferred Tax for Q1 2021 came in at $54.4 million, changed N/A year-over-year; the trailing twelve-month figure through Mar 2021 was $54.4 million (changed N/A YoY), and the FY2019 annual result was $6.0 million, down 22.93% from the prior year.
  • Long-Term Deferred Tax came in at $54.4 million for Q1 2021 at Ring Energy, up from $21.2 million in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $54.4 million in Q1 2021 to a low of $2.9 million in Q1 2019.
  • The 5-year median for Long-Term Deferred Tax is $11.2 million (2017), against an average of $15.7 million.
  • Across the five-year window, Long-Term Deferred Tax soared 124.76% in 2017 and tumbled 64.75% in 2018, its largest moves.
  • Ring Energy's Long-Term Deferred Tax stood at $11.2 million in 2017, then tumbled by 30.68% to $7.8 million in 2018, then retreated by 22.93% to $6.0 million in 2019, then jumped by 252.47% to $21.2 million in 2020, then soared by 157.17% to $54.4 million in 2021.
  • The last three Long-Term Deferred Tax figures came in at $54.4 million (Q1 2021), $21.2 million (Q3 2020), and $20.7 million (Q2 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn
4 Eog Resources 72.93 Bn 69.08 Bn -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn
10 Ring Energy 263.83 Mn 251.57 Mn 70.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2021 54.40 Mn
Sep 30, 2020 21.15 Mn
Jun 30, 2020 20.67 Mn
Dec 31, 2019 6.00 Mn
Mar 31, 2019 2.92 Mn
Dec 31, 2018 7.79 Mn
Sep 30, 2018 6.41 Mn
Jun 30, 2018 7.00 Mn
Mar 31, 2018 8.26 Mn
Dec 31, 2017 11.23 Mn
Sep 30, 2017 18.18 Mn
Jun 30, 2017 19.55 Mn
Mar 31, 2017 20.31 Mn
Dec 31, 2016 20.05 Mn
Sep 30, 2016 21.89 Mn
Jun 30, 2016 18.62 Mn
Mar 31, 2016 9.04 Mn
Dec 31, 2015 64,323.00
Dec 31, 2012 2.47 Mn