Ring Energy (REI) Non-Current Deferred Tax Liability (2012 - 2022)
Ring Energy (REI) posted Non-Current Deferred Tax Liability of $5.9 million for Q3 2022, up 260.72% sequentially from $1.6 million in Q2 2022, and up 4070.9% YoY from $141943.0 in Q3 2021.
Ring Energy (REI) Non-Current Deferred Tax Liability (2012 - 2022) Analysis & Trends
Ring Energy has reported Non-Current Deferred Tax Liability for 8 years, with the latest figure at $5.9 million in Q3 2022.
- Quarterly Non-Current Deferred Tax Liability rose 4070.9% year-over-year to $5.9 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $5.9 million (up 4070.9% YoY) and the FY2021 annual result came in at $90292.0, changed N/A from the prior year.
- Non-Current Deferred Tax Liability climbed to $5.9 million in Q3 2022 per REI's latest filing, from $1.6 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $18.5 million in Q1 2020 and troughed at $90292.0 in Q4 2021.
- A 4-year average of $3.7 million and a median of $1.1 million in 2019 frame the typical range for Non-Current Deferred Tax Liability.
- The widest YoY moves for Non-Current Deferred Tax Liability: up 4070.9% in 2022, down 760.9% in 2022.
- Over 4 years, Non-Current Deferred Tax Liability stood at $6.0 million in 2019, then jumped by 207.46% to $18.5 million in 2020, then tumbled by 99.51% to $90292.0 in 2021, then surged by 6456.84% to $5.9 million in 2022.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $5.9 million, $1.6 million, and $156231.0 for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Ring Energy | 346.25 Mn | 338.78 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 5.92 Mn |
| Sep 30, 2022 | 5.92 Mn |
| Jun 30, 2022 | 1.64 Mn |
| Jun 30, 2022 | 1.64 Mn |
| Mar 31, 2022 | 156,231.00 |
| Mar 31, 2022 | 156,231.00 |
| Dec 31, 2021 | 90,292.00 |
| Dec 31, 2021 | 90,292.00 |
| Sep 30, 2021 | 141,943.00 |
| Sep 30, 2021 | 141,943.00 |
| Jun 30, 2021 | 190,644.00 |
| Jun 30, 2021 | 190,644.00 |
| Mar 31, 2020 | 18.45 Mn |
| Mar 31, 2020 | 18.45 Mn |
| Dec 31, 2019 | 6.00 Mn |
| Dec 31, 2019 | 6.00 Mn |
| Sep 30, 2019 | 3.45 Mn |
| Sep 30, 2019 | 3.45 Mn |
| Jun 30, 2019 | 643,680.00 |
| Jun 30, 2019 | 643,680.00 |