Ring Energy (REI) Tax Provisions (2013 - 2026)
Ring Energy (REI) posted Tax Provisions of $1.09 million for Q2 2026, down 82.2% from $6.11 million a year earlier.
Ring Energy (REI) Tax Provisions (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Ring Energy was -$27.5 million; for FY2025, it was -$7.45 million.
- In prior years, Ring Energy's Tax Provisions was $20.44 million in FY2024, $125,242 in FY2023 (-98.5%), $8.41 million in FY2022 and $90,342 in FY2021.
- Quarterly Tax Provisions has run from a low of -$12.8 million in Q3 2025 to a high of $10.09 million in Q3 2024 over five years.
- On a year-over-year basis, Tax Provisions increased in 1 of the last four quarters, with an average decline of 23.4%.
- According to Business Quant data, Tax Provisions for the three prior quarters was -$11.99 million (Q1 2026), -$3.8 million (Q4 2025) and -$12.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 4.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 4.50 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | -3.15 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | -1.53 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 2.15 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | -8.19 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 1.09 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 775.70 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | -1.32 Bn |
| 10 | Ring Energy | 343.89 Mn | 340.52 Mn | - | 1.09 Mn |
Historic 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 |
Ring Energy Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=REI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "REI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();