Ring Energy (REI) Tax Rate (2013 - 2026)
Ring Energy (REI) reported Tax Rate of 5.15% for Q1 2026, down 1987.0% on a YoY basis from 0.27% in Q1 2025, and down 77.42% sequentially from 22.83% in Q4 2025.
Ring Energy (REI) Tax Rate (2013 - 2026) Analysis & Trends
Ring Energy (REI) has 14 years of Tax Rate data on file, last reported at 5.15% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 1987.0% year-over-year to 5.15%; the trailing twelve-month figure through Mar 2026 stood at 7.84% (down 1560.0% YoY), and the FY2025 full-year result was 17.67%, down 558.0% from the prior year.
- Tax Rate retreated to 5.15% in Q1 2026, from 22.83% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 31.15% in Q3 2023 to a low of 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.
- Across the five-year window, Tax Rate tumbled 3172 bps in 2023 and jumped 5166 bps in 2024, its largest moves.
- Tracing REI's Tax Rate over 5 years: stood at 14.92% in 2022, then slipped by 10 bps to 13.38% in 2023, then jumped by 81 bps to 24.17% in 2024, then dropped by 6 bps to 22.83% in 2025, then sank by 77 bps to 5.15% in 2026.
- Business Quant data shows REI's Tax Rate at 5.15% in Q1 2026, 22.83% in Q4 2025, and 19.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 35.09% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 22.50% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 18.18% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 57.82% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 39.49% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 23.18% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 22.15% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -671.43% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 22.16% |
| 10 | Ring Energy | 242.97 Mn | 237.91 Mn | - | 5.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 24.17% |
| Sep 30, 2024 | 22.94% |
| Sep 30, 2024 | 22.94% |