Ring Energy (REI) Tax Rate (2013 - 2026)
Ring Energy's (REI) quarterly Tax Rate came in at 5.15% in Q1 2026, down 1987.0% year-on-year from 0.27% in Q1 2025, and down 77.42% quarter-over-quarter from 22.83% in Q4 2025.
Ring Energy (REI) Tax Rate (2013 - 2026) Analysis & Trends
Ring Energy has disclosed Tax Rate across 14 years of filings, most recently posting 5.15% for Q1 2026.
- Tax Rate for Q1 2026 came in at 5.15%, down 1987.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.84% (down 1560.0% YoY), and the FY2025 annual result was 17.67%, down 558.0% from the prior year.
- Tax Rate came in at 5.15% for Q1 2026 at Ring Energy, down 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.
- The 5-year median for Tax Rate is 19.87% (2025), against an average of 13.94%.
- Across the five-year window, Tax Rate sank 3172 bps in 2023 and jumped 5166 bps in 2024, its largest moves.
- Ring Energy's Tax Rate stood at 14.92% in 2022, then dropped by 10 bps to 13.38% in 2023, then surged by 81 bps to 24.17% in 2024, then declined by 6 bps to 22.83% in 2025, then plunged by 77 bps to 5.15% in 2026.
- The last three Tax Rate figures came in at 5.15% (Q1 2026), 22.83% (Q4 2025), and 19.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 32.08% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 35.09% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 22.50% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 39.49% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 18.18% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -24.95% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 21.81% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 41.73% |
| 10 | Ring Energy | 263.83 Mn | 251.57 Mn | 70.12 Mn | 5.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.15% |
| Mar 31, 2026 | 5.15% |
| Dec 31, 2025 | 22.83% |
| Dec 31, 2025 | 22.83% |
| Sep 30, 2025 | 19.87% |
| Sep 30, 2025 | 19.87% |
| Jun 30, 2025 | 22.84% |
| Jun 30, 2025 | 22.84% |
| Mar 31, 2025 | 25.03% |
| Mar 31, 2025 | 25.03% |
| Dec 31, 2024 | 24.17% |
| Dec 31, 2024 | 24.17% |
| Sep 30, 2024 | 22.94% |
| Sep 30, 2024 | 22.94% |
| Jun 30, 2024 | 23.33% |
| Jun 30, 2024 | 23.33% |
| Mar 31, 2024 | 23.87% |
| Mar 31, 2024 | 23.87% |
| Dec 31, 2023 | 13.38% |
| Dec 31, 2023 | 13.38% |