Ring Energy (REI) Non-Current Deferred Tax Liability (2012 - 2022)
Ring Energy (REI) reported Non-Current Deferred Tax Liability of $5.9 million for Q3 2022, up 4070.9% on a YoY basis from $141943.0 in Q3 2021, and up 260.72% sequentially from $1.6 million in Q2 2022.
Ring Energy (REI) Non-Current Deferred Tax Liability (2012 - 2022) Analysis & Trends
Ring Energy (REI) has 8 years of Non-Current Deferred Tax Liability data on file, last reported at $5.9 million in Q3 2022.
- For the quarter ending Q3 2022, Non-Current Deferred Tax Liability rose 4070.9% year-over-year to $5.9 million; the trailing twelve-month figure through Sep 2022 stood at $5.9 million (up 4070.9% YoY), and the FY2021 full-year result was $90292.0, changed N/A from the prior year.
- Non-Current Deferred Tax Liability climbed to $5.9 million in Q3 2022, 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.
- 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.
- Peak annual rise in Non-Current Deferred Tax Liability reached 4070.9% in 2022, while the deepest fall reached 760.9% in 2022.
- Tracing REI's Non-Current Deferred Tax Liability over 4 years: stood at $6.0 million in 2019, then jumped by 207.46% to $18.5 million in 2020, then plunged by 99.51% to $90292.0 in 2021, then surged by 6456.84% to $5.9 million in 2022.
- Business Quant data shows REI's Non-Current Deferred Tax Liability at $5.9 million in Q3 2022, $1.6 million in Q2 2022, and $156231.0 in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Ring Energy | 242.97 Mn | 237.91 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 |