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

Ring Energy (REI) reported Long-Term Deferred Tax of $54.4 million for Q1 2021, up 157.17% sequentially from $21.2 million in Q3 2020.

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

Ring Energy (REI) has 8 years of Long-Term Deferred Tax data on file, last reported at $54.4 million in Q1 2021.

For the quarter ending Q1 2021, Long-Term Deferred Tax changed N/A year-over-year to $54.4 million; the trailing twelve-month figure through Mar 2021 stood at $54.4 million (changed N/A YoY), and the FY2019 full-year result was $6.0 million, down 22.93% from the prior year.
Long-Term Deferred Tax grew to $54.4 million in Q1 2021, 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.
A 5-year average of $15.7 million and a median of $11.2 million in 2017 frame the typical range for Long-Term Deferred Tax.
Across the five-year window, Long-Term Deferred Tax soared 124.76% in 2017 and sank 64.75% in 2018, its largest moves.
Tracing REI's Long-Term Deferred Tax over 5 years: stood at $11.2 million in 2017, then plunged by 30.68% to $7.8 million in 2018, then fell by 22.93% to $6.0 million in 2019, then soared by 252.47% to $21.2 million in 2020, then surged by 157.17% to $54.4 million in 2021.
Business Quant data shows REI's Long-Term Deferred Tax at $54.4 million in Q1 2021, $21.2 million in Q3 2020, and $20.7 million in Q2 2020.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	Conocophillips	141.43 Bn	135.06 Bn	9.48 Bn
2	Eog Resources	74.61 Bn	70.76 Bn	-
3	Diamondback Energy	55.39 Bn	55.39 Bn	4.22 Bn
4	Woodside Energy	41.28 Bn	35.34 Bn	2.71 Bn
5	Occidental Petroleum	32.80 Bn	28.99 Bn	4.87 Bn
6	Eqt	32.48 Bn	32.37 Bn	1.42 Bn
7	Texas Pacific Land	27.36 Bn	27.11 Bn	-
8	Devon Energy	26.53 Bn	24.72 Bn	3.61 Bn
9	Expand Energy	21.67 Bn	19.37 Bn	4.21 Bn
10	Ring Energy	242.97 Mn	237.91 Mn	-

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