Ring Energy (REI) Tax Provisions (2013 - 2026)

Ring Energy (REI) reported Tax Provisions of -$12.0 million for Q1 2026, down 494.2% on a YoY basis from $3.0 million in Q1 2025, and down 215.45% sequentially from -$3.8 million in Q4 2025.

Ring Energy (REI) Tax Provisions (2013 - 2026) Analysis & Trends

Ring Energy (REI) has 14 years of Tax Provisions data on file, last reported at -$12.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 494.2% year-over-year to -$12.0 million; the trailing twelve-month figure through Mar 2026 stood at -$22.5 million (down 203.35% YoY), and the FY2025 full-year result was -$7.5 million, down 136.46% from the prior year.
  • Tax Provisions slipped to -$12.0 million in Q1 2026, from -$3.8 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $10.1 million in Q3 2024 to a low of -$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.
  • Across the five-year window, Tax Provisions surged 8961.8% in 2022 and sank 531.75% in 2023, its largest moves.
  • Tracing REI's Tax Provisions over 5 years: stood at $2.5 million in 2022, then soared by 209.32% to $7.9 million in 2023, then plunged by 77.06% to $1.8 million in 2024, then tumbled by 310.71% to -$3.8 million in 2025, then plunged by 215.45% to -$12.0 million in 2026.
  • Business Quant data shows REI's Tax Provisions at -$12.0 million in Q1 2026, -$3.8 million in Q4 2025, and -$12.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 1.18 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 575.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 32.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 1.10 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 154.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 84.93 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 40.66 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -188.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 330.00 Mn
10 Ring Energy 242.97 Mn 237.91 Mn - -11.99 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 190,644.00