Ring Energy (REI) Net Income (2010 - 2026)
Ring Energy (REI) reported Net Income of -$220.6 million for Q1 2026, down 2521.23% on a YoY basis from $9.1 million in Q1 2025, and down 1617.29% sequentially from -$12.8 million in Q4 2025.
Ring Energy (REI) Net Income (2010 - 2026) Analysis & Trends
Ring Energy (REI) has 17 years of Net Income data on file, last reported at -$220.6 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income fell 2521.23% year-over-year to -$220.6 million; the trailing twelve-month figure through Mar 2026 stood at -$264.4 million (down 472.1% YoY), and the FY2025 full-year result was -$34.7 million, down 151.48% from the prior year.
- Net Income declined to -$220.6 million in Q1 2026, 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.
- A 5-year average of $3.3 million and a median of $14.5 million in 2022 frame the typical range for Net Income.
- Across the five-year window, Net Income surged 549.36% in 2024 and sank 2521.23% in 2026, its largest moves.
- Tracing REI's Net Income over 5 years: stood at $14.5 million in 2022, then jumped by 251.19% to $50.9 million in 2023, then plunged by 88.88% to $5.7 million in 2024, then sank by 327.05% to -$12.8 million in 2025, then sank by 1617.29% to -$220.6 million in 2026.
- Business Quant data shows REI's Net Income at -$220.6 million in Q1 2026, -$12.8 million in Q4 2025, and -$51.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 1.98 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 144.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 801.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 3.12 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 281.45 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 142.90 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 216.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.16 Bn |
| 10 | Ring Energy | 242.97 Mn | 237.91 Mn | - | -220.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |