RING ENERGY, INC. Annual Deferred Federal Income Tax Expense (Benefit) in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations.
Summary
Ring Energy, Inc. quarterly/annual Deferred Federal Income Tax Expense (Benefit) history and growth rate from 2020 to 2023.
  • Ring Energy, Inc. Deferred Federal Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $9.64M.
  • Ring Energy, Inc. Deferred Federal Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $25.2M.
  • Ring Energy, Inc. annual Deferred Federal Income Tax Expense (Benefit) for 2023 was -$902K, a 114% decline from 2022.
  • Ring Energy, Inc. annual Deferred Federal Income Tax Expense (Benefit) for 2022 was $6.44M.
  • Ring Energy, Inc. annual Deferred Federal Income Tax Expense (Benefit) for 2021 was $0.000.
Deferred Federal Income Tax Expense (Benefit), Trailing 12 Months (USD)
Deferred Federal Income Tax Expense (Benefit), Annual (USD)
Deferred Federal Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 -$902K -$7.34M -114% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-07
2022 $6.44M +$6.44M Jan 1, 2022 Dec 31, 2022 10-K 2024-03-07
2021 $0 +$6M Jan 1, 2021 Dec 31, 2021 10-K 2024-03-07
2020 -$6M Jan 1, 2020 Dec 31, 2020 10-K 2023-03-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.