Ring Energy (REI) Net Income (2010 - 2026)

Ring Energy's (REI) quarterly Net Income came in at -$220.6 million in Q1 2026, down 2521.23% year-on-year from $9.1 million in Q1 2025, and down 1617.29% quarter-over-quarter from -$12.8 million in Q4 2025.

Ring Energy (REI) Net Income (2010 - 2026) Analysis & Trends

Ring Energy has disclosed Net Income across 17 years of filings, most recently posting -$220.6 million for Q1 2026.

  • Net Income for Q1 2026 came in at -$220.6 million, down 2521.23% year-over-year; the trailing twelve-month figure through Mar 2026 was -$264.4 million (down 472.1% YoY), and the FY2025 annual result was -$34.7 million, down 151.48% from the prior year.
  • Net Income came in at -$220.6 million for Q1 2026 at Ring Energy, down from -$12.8 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $75.1 million in Q3 2022 to a low of -$220.6 million in Q1 2026.
  • The 5-year median for Net Income is $14.5 million (2022), against an average of $3.3 million.
  • Across the five-year window, Net Income surged 549.36% in 2024 and tumbled 2521.23% in 2026, its largest moves.
  • Ring Energy's Net Income stood at $14.5 million in 2022, then surged 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.
  • The last three Net Income figures came in at -$220.6 million (Q1 2026), -$12.8 million (Q4 2025), and -$51.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 1.10 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 856.82 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.18 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 1.98 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 3.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 144.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 179.35 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 1.55 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -3.16 Bn
10 Ring Energy 263.83 Mn 251.57 Mn 70.12 Mn -220.59 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -15.89 Mn