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| 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 |