Ring Energy (REI) Tax Provisions (2013 - 2026)
Ring Energy (REI) posted Tax Provisions of -$12.0 million for Q1 2026, down 215.45% sequentially from -$3.8 million in Q4 2025, and down 494.2% YoY from $3.0 million in Q1 2025.
Ring Energy (REI) Tax Provisions (2013 - 2026) Analysis & Trends
Ring Energy has reported Tax Provisions for 14 years, with the latest figure at -$12.0 million in Q1 2026.
- Quarterly Tax Provisions fell 494.2% year-over-year to -$12.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$22.5 million (down 203.35% YoY) and the FY2025 annual result came in at -$7.5 million, down 136.46% from the prior year.
- Tax Provisions slipped to -$12.0 million in Q1 2026 per REI's latest filing, from -$3.8 million in the prior quarter.
- Over five years, Tax Provisions peaked at $10.1 million in Q3 2024 and troughed at -$12.8 million in Q3 2025.
- A 5-year average of $560809.5 and a median of $1.8 million in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions jumped 8961.8% in 2022, then tumbled 531.75% in 2023.
- Over 5 years, Tax Provisions stood at $2.5 million in 2022, then soared by 209.32% to $7.9 million in 2023, then tumbled by 77.06% to $1.8 million in 2024, then slumped by 310.71% to -$3.8 million in 2025, then tumbled by 215.45% to -$12.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$12.0 million, -$3.8 million, and -$12.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 775.70 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 473.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 915.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 84.93 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 39.77 Mn |
| 10 | Ring Energy | 346.25 Mn | 338.78 Mn | - | 1.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 Mn |
| Mar 31, 2026 | -11.99 Mn |
| Dec 31, 2025 | -3.80 Mn |
| Sep 30, 2025 | -12.80 Mn |
| Jun 30, 2025 | 6.11 Mn |
| Mar 31, 2025 | 3.04 Mn |
| Dec 31, 2024 | 1.80 Mn |
| Sep 30, 2024 | 10.09 Mn |
| Jun 30, 2024 | 6.82 Mn |
| Mar 31, 2024 | 1.73 Mn |
| Dec 31, 2023 | 7.86 Mn |
| Sep 30, 2023 | -3.41 Mn |
| Jun 30, 2023 | -6.36 Mn |
| Mar 31, 2023 | 2.03 Mn |
| Dec 31, 2022 | 2.54 Mn |
| Sep 30, 2022 | 4.32 Mn |
| Jun 30, 2022 | 1.47 Mn |
| Mar 31, 2022 | 78,752.00 |
| Dec 31, 2021 | -51,601.00 |
| Sep 30, 2021 | -48,701.00 |