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| 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 |