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