Ring Energy REI Business Segments — Production Tax Expense
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Where this comes from
Reported directly by Ring Energy in its filing.
Tagged under the XBRL concept us-gaap:ProductionTaxExpense.
The official record: Ring Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Ring Energy's business segments — production tax expense?
- Ring Energy (REI) reported business segments — production tax expense of $3.55M in Q1 2026.
- How has Ring Energy's business segments — production tax expense changed year-over-year?
- Ring Energy's business segments — production tax expense decreased by 0.9% year-over-year, from $3.58M to $3.55M.
- What is the long-term trend for Ring Energy's business segments — production tax expense?
- Over 3 years (2022 to 2025), Ring Energy's business segments — production tax expense has grown at a -5.8% compound annual growth rate (CAGR), from $17.13M to $14.31M.
- What does business segments — production tax expense mean?
- Production tax expense, often referred to as severance tax, is a levy imposed by state or local governments on the volume or value of oil and gas extracted from the ground. This metric reflects the regulatory cost burden associated with the company's extraction activities in its operating regions.