Ring Energy (REI) Tax Rate (2013 - 2026)
Ring Energy's Tax Rate came in at 1.65% for Q2 2026, down 21.19 percentage points from 22.84% a year earlier and down 3.50 percentage points from the prior quarter.
Powered by 
Analysis
Ring Energy (REI) Tax Rate (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ring Energy reported Tax Rate of 11.10%, down 12.20 percentage points year-over-year; for FY2025, it was 17.67%, down 5.58 percentage points from FY2024.
- Tax Rate carries a five-year change of +15.35 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 23.25% in FY2024 (+23.13 pp), 0.12% in FY2023 (-5.60 pp), 5.72% in FY2022 (+3.07 pp) and 2.65% in FY2021 (+0.33 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q2 2023.
- Year-over-year, Tax Rate has declined for five consecutive quarters, with an average year-over-year change of -5.28 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2024 (a gain of 51.66 percentage points), and the weakest in Q2 2023 (a drop of 31.72 percentage points).
- Business Quant data shows REI's Tax Rate at 5.15% (Q1 2026), 22.83% (Q4 2025) and 19.87% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 31.41% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 26.95% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 18.22% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Ring Energy | 343.89 Mn | 340.52 Mn | - | 1.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.65% |
| Jun 30, 2025 | 22.84% |
| Mar 31, 2025 | 25.03% |
| Dec 31, 2024 | 24.17% |
| Sep 30, 2024 | 22.94% |
| Jun 30, 2024 | 23.33% |
| Mar 31, 2024 | 23.87% |
| Dec 31, 2023 | 13.38% |
| Mar 31, 2023 | 5.84% |
| Dec 31, 2022 | 14.92% |
| Sep 30, 2022 | 5.44% |
| Jun 30, 2022 | 3.39% |
| Mar 31, 2022 | 1.10% |
| Mar 31, 2020 | 22.13% |
| Dec 31, 2019 | 33.68% |
| Sep 30, 2019 | 24.05% |
| Jun 30, 2019 | 23.92% |
| Mar 31, 2019 | 53.26% |
| Sep 30, 2018 | 9.49% |
| Jun 30, 2018 | 21.06% |
API Access
Ring Energy Tax Rate 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-rate&ticker=REI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();