RING ENERGY, INC. (REI) Income Tax Expense (Benefit) USD 2010 - 2024

Historical data

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Ring Energy, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2024.
  • Ring Energy, Inc. Income Tax Expense (Benefit) for the quarter ending March 31, 2024 was $1.73 M, a 14.8% decline year-over-year.
  • Ring Energy, Inc. Income Tax Expense (Benefit) for the twelve months ending March 31, 2024 was -$176 K, a 102% decline year-over-year.
  • Ring Energy, Inc. annual Income Tax Expense (Benefit) for 2023 was $125 K, a 98.5% decline from 2022.
  • Ring Energy, Inc. annual Income Tax Expense (Benefit) for 2022 was $8.41 M, a 9208% increase from 2021.
  • Ring Energy, Inc. annual Income Tax Expense (Benefit) for 2021 was $90.3 K.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 -$176 K $1.73 M -$301 K -14.8% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-06
Q4 2023 $125 K $7.86 M +$5.32 M +209% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-07
Q3 2023 -$5.2 M -$3.41 M -$7.73 M -179% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-02
Q2 2023 $2.53 M -$6.36 M -$7.83 M -532% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-03
Q1 2023 $10.4 M $2.03 M +$1.95 M +2478% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-06
Q4 2022 $8.41 M $2.54 M +$2.59 M Oct 1, 2022 Dec 31, 2022 10-K 2024-03-07
Q3 2022 $5.82 M $4.32 M +$4.36 M Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-02
Q2 2022 $1.45 M $1.47 M +$1.28 M +672% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-03
Q1 2022 $169 K $78.8 K +$78.8 K Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-03
Q4 2021 $90.3 K -$51.6 K -$21.2 M -100% Oct 1, 2021 Dec 31, 2021 10-K 2024-03-07
Q3 2021 $21.3 M -$48.7 K +$438 K +90% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-10
Q2 2021 $20.9 M $191 K +$39.3 M Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-04
Q1 2021 -$18.5 M $0 -$12.4 M -100% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-10
Q4 2020 -$6 M $21.2 M +$18.6 M +729% Oct 1, 2020 Dec 31, 2020 10-K 2023-03-09
Q3 2020 -$24.6 M -$487 K -$3.29 M -117% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-09
Q2 2020 -$21.3 M -$39.1 M -$42.7 M -1197% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-09
Q1 2020 $21.4 M $12.4 M +$7.59 M +156% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-10
Q4 2019 $13.8 M $2.55 M +$3.93 M Oct 1, 2019 Dec 31, 2019 10-K 2022-03-16
Q3 2019 $9.86 M $2.81 M +$2.21 M +370% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-09
Q2 2019 $7.65 M $3.57 M +$2.31 M +183% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-10
Q1 2019 $5.34 M $4.86 M +$1.9 M +63.9% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-11
Q4 2018 $3.45 M -$1.38 M -$8.33 M -120% Oct 1, 2018 Dec 31, 2018 10-K/A 2021-03-17
Q3 2018 $11.8 M $597 K -$773 K -56.4% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-06
Q2 2018 $12.5 M $1.26 M +$501 K +66.1% Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-07
Q1 2018 $12 M $2.97 M +$1.63 M +121% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-08
Q4 2017 $10.4 M $6.95 M +$5.11 M +278% Oct 1, 2017 Dec 31, 2017 10-K 2020-03-16
Q3 2017 $5.31 M $1.37 M +$4.64 M Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-06
Q2 2017 $669 K $758 K +$10.3 M Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-08
Q1 2017 -$9.68 M $1.34 M +$10.3 M Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-08
Q4 2016 -$20 M $1.84 M +$5.99 M Oct 1, 2016 Dec 31, 2016 10-K 2019-02-28
Q3 2016 -$26 M -$3.27 M -$2.58 M -377% Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-08
Q2 2016 -$23.4 M -$9.59 M -$9.99 M -2458% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-08
Q1 2016 -$13.4 M -$8.97 M -$8.4 M -1466% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-09
Q4 2015 -$5 M -$4.15 M -$5.03 M -571% Oct 1, 2015 Dec 31, 2015 10-K 2018-03-15
Q3 2015 $30.5 K -$684 K -$1.7 M -167% Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-08
Q2 2015 $1.73 M $407 K -$1.25 M -75.5% Apr 1, 2015 Jun 30, 2015 10-Q 2016-08-08
Q1 2015 $2.98 M -$573 K -$1.26 M -184% Jan 1, 2015 Mar 31, 2015 10-Q 2016-05-09
Q4 2014 $4.24 M $881 K Oct 1, 2014 Dec 31, 2014 10-K 2017-03-15
Q3 2014 $1.01 M +$1.01 M Jul 1, 2014 Sep 30, 2014 10-Q 2015-11-09
Q2 2014 $1.66 M +$1.66 M Apr 1, 2014 Jun 30, 2014 10-Q 2015-08-10
Q1 2014 $683 K Jan 1, 2014 Mar 31, 2014 10-Q 2015-05-06
Q3 2013 $0 Jul 1, 2013 Sep 30, 2013 10-Q 2014-11-06
Q2 2013 $0 Apr 1, 2013 Jun 30, 2013 10-Q 2014-08-08
Q3 2011 $0 $0 Jul 1, 2011 Sep 30, 2011 10-Q 2011-11-14
Q2 2011 $0 $0 Apr 1, 2011 Jun 30, 2011 10-Q/A 2011-08-31
Q1 2011 $0 Jan 1, 2011 Apr 30, 2011 10-K 2013-04-01
Q3 2010 $0 Jul 1, 2010 Sep 30, 2010 10-Q 2011-11-14
Q2 2010 $0 Apr 1, 2010 Jun 30, 2010 10-Q/A 2011-08-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.