Ring Energy (REI) Non-Current Deferred Tax Liability (2012 - 2022)

Ring Energy's (REI) quarterly Non-Current Deferred Tax Liability came in at $5.9 million in Q3 2022, up 4070.9% year-on-year from $141943.0 in Q3 2021, and up 260.72% quarter-over-quarter from $1.6 million in Q2 2022.

Ring Energy (REI) Non-Current Deferred Tax Liability (2012 - 2022) Analysis & Trends

Ring Energy has disclosed Non-Current Deferred Tax Liability across 8 years of filings, most recently posting $5.9 million for Q3 2022.

  • Non-Current Deferred Tax Liability for Q3 2022 came in at $5.9 million, up 4070.9% year-over-year; the trailing twelve-month figure through Sep 2022 was $5.9 million (up 4070.9% YoY), and the FY2021 annual result was $90292.0, changed N/A from the prior year.
  • Non-Current Deferred Tax Liability came in at $5.9 million for Q3 2022 at Ring Energy, up from $1.6 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $18.5 million in Q1 2020 to a low of $90292.0 in Q4 2021.
  • The 4-year median for Non-Current Deferred Tax Liability is $1.1 million (2019), against an average of $3.7 million.
  • Peak annual rise in Non-Current Deferred Tax Liability reached 4070.9% in 2022, while the deepest fall reached 760.9% in 2022.
  • Ring Energy's Non-Current Deferred Tax Liability stood at $6.0 million in 2019, then surged by 207.46% to $18.5 million in 2020, then tumbled by 99.51% to $90292.0 in 2021, then soared by 6456.84% to $5.9 million in 2022.
  • The last three Non-Current Deferred Tax Liability figures came in at $5.9 million (Q3 2022), $1.6 million (Q2 2022), and $156231.0 (Q1 2022), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
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