Ring Energy (REI) Net Income (2010 - 2026)
Ring Energy (REI) posted Net Income of -$220.6 million for Q1 2026, down 1617.29% sequentially from -$12.8 million in Q4 2025, and down 2521.23% YoY from $9.1 million in Q1 2025.
Ring Energy (REI) Net Income (2010 - 2026) Analysis & Trends
Ring Energy has reported Net Income for 17 years, with the latest figure at -$220.6 million in Q1 2026.
- Quarterly Net Income fell 2521.23% year-over-year to -$220.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$264.4 million (down 472.1% YoY) and the FY2025 annual result came in at -$34.7 million, down 151.48% from the prior year.
- Net Income declined to -$220.6 million in Q1 2026 per REI's latest filing, from -$12.8 million in the prior quarter.
- Over five years, Net Income peaked at $75.1 million in Q3 2022 and troughed at -$220.6 million in Q1 2026.
- A 5-year average of $3.3 million and a median of $14.5 million in 2022 frame the typical range for Net Income.
- The sharpest annual moves came in 2024 and 2026: Net Income jumped 549.36% in 2024, then tumbled 2521.23% in 2026.
- Over 5 years, Net Income stood at $14.5 million in 2022, then jumped by 251.19% to $50.9 million in 2023, then tumbled by 88.88% to $5.7 million in 2024, then plunged by 327.05% to -$12.8 million in 2025, then plunged by 1617.29% to -$220.6 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$220.6 million, -$12.8 million, and -$51.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 3.48 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 2.17 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.64 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 153.93 Mn |
| 10 | Ring Energy | 346.25 Mn | 338.78 Mn | - | 64.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.79 Mn |
| Mar 31, 2026 | -220.59 Mn |
| Dec 31, 2025 | -12.85 Mn |
| Sep 30, 2025 | -51.63 Mn |
| Jun 30, 2025 | 20.63 Mn |
| Mar 31, 2025 | 9.11 Mn |
| Dec 31, 2024 | 5.66 Mn |
| Sep 30, 2024 | 33.88 Mn |
| Jun 30, 2024 | 22.42 Mn |
| Mar 31, 2024 | 5.52 Mn |
| Dec 31, 2023 | 50.90 Mn |
| Sep 30, 2023 | -7.54 Mn |
| Jun 30, 2023 | 28.79 Mn |
| Mar 31, 2023 | 32.72 Mn |
| Dec 31, 2022 | 14.49 Mn |
| Sep 30, 2022 | 75.09 Mn |
| Jun 30, 2022 | 41.94 Mn |
| Mar 31, 2022 | 7.11 Mn |
| Dec 31, 2021 | 24.11 Mn |
| Sep 30, 2021 | 14.16 Mn |