Ring Energy (REI) Tax Rate (2013 - 2026)
Ring Energy (REI) posted Tax Rate of 5.15% for Q1 2026, down 77.42% sequentially from 22.83% in Q4 2025, and down 1987.0% YoY from 0.27% in Q1 2025.
Ring Energy (REI) Tax Rate (2013 - 2026) Analysis & Trends
Ring Energy has reported Tax Rate for 14 years, with the latest figure at 5.15% in Q1 2026.
- Quarterly Tax Rate fell 1987.0% year-over-year to 5.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.84% (down 1560.0% YoY) and the FY2025 annual result came in at 17.67%, down 558.0% from the prior year.
- Tax Rate retreated to 5.15% in Q1 2026 per REI's latest filing, from 22.83% in the prior quarter.
- Over five years, Tax Rate peaked at 31.15% in Q3 2023 and troughed at 28.33% in Q2 2023.
- A 5-year average of 13.94% and a median of 19.87% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 3172 bps in 2023, then soared 5166 bps in 2024.
- Over 5 years, Tax Rate stood at 14.92% in 2022, then fell by 10 bps to 13.38% in 2023, then jumped by 81 bps to 24.17% in 2024, then retreated by 6 bps to 22.83% in 2025, then plunged by 77 bps to 5.15% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 5.15%, 22.83%, and 19.87% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 18.22% |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 22.15% |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 22.01% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 22.36% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 23.37% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 23.18% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 20.53% |
| 10 | Ring Energy | 346.25 Mn | 338.78 Mn | - | 1.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.65% |
| Jun 30, 2026 | 1.65% |
| Jun 30, 2026 | 1.65% |
| Mar 31, 2026 | 5.15% |
| Mar 31, 2026 | 5.15% |
| Mar 31, 2026 | 5.15% |
| Dec 31, 2025 | 22.83% |
| Dec 31, 2025 | 22.83% |
| Dec 31, 2025 | 22.83% |
| Sep 30, 2025 | 19.87% |
| Sep 30, 2025 | 19.87% |
| Sep 30, 2025 | 19.87% |
| Jun 30, 2025 | 22.84% |
| Jun 30, 2025 | 22.84% |
| Jun 30, 2025 | 22.84% |
| Mar 31, 2025 | 25.03% |
| Mar 31, 2025 | 25.03% |
| Mar 31, 2025 | 25.03% |
| Dec 31, 2024 | 24.17% |
| Dec 31, 2024 | 24.17% |