Ring Energy (REI) Tax Provisions (2013 - 2026)
Ring Energy's (REI) quarterly Tax Provisions came in at -$12.0 million in Q1 2026, down 494.2% year-on-year from $3.0 million in Q1 2025, and down 215.45% quarter-over-quarter from -$3.8 million in Q4 2025.
Ring Energy (REI) Tax Provisions (2013 - 2026) Analysis & Trends
Ring Energy has disclosed Tax Provisions across 14 years of filings, most recently posting -$12.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at -$12.0 million, down 494.2% year-over-year; the trailing twelve-month figure through Mar 2026 was -$22.5 million (down 203.35% YoY), and the FY2025 annual result was -$7.5 million, down 136.46% from the prior year.
- Tax Provisions came in at -$12.0 million for Q1 2026 at Ring Energy, down 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.
- The 5-year median for Tax Provisions is $1.8 million (2024), against an average of $560809.5.
- Across the five-year window, Tax Provisions surged 8961.8% in 2022 and tumbled 531.75% in 2023, its largest moves.
- Ring Energy's Tax Provisions stood at $2.5 million in 2022, then jumped 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.
- The last three Tax Provisions figures came in at -$12.0 million (Q1 2026), -$3.8 million (Q4 2025), and -$12.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 404.71 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 1.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 575.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 32.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -35.82 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 433.35 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -73.74 Mn |
| 10 | Ring Energy | 263.83 Mn | 251.57 Mn | 70.12 Mn | -11.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |