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Whitecap Resources (Whitecap Resources) Pretax Margin % : 8.53% (As of Mar. 2024)


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What is Whitecap Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Whitecap Resources's Pre-Tax Income for the three months ended in Mar. 2024 was $59 Mil. Whitecap Resources's Revenue for the three months ended in Mar. 2024 was $689 Mil. Therefore, Whitecap Resources's pretax margin for the quarter that ended in Mar. 2024 was 8.53%.

The historical rank and industry rank for Whitecap Resources's Pretax Margin % or its related term are showing as below:

SPGYF' s Pretax Margin % Range Over the Past 10 Years
Min: -259.47   Med: 18.28   Max: 88.05
Current: 23.53


SPGYF's Pretax Margin % is ranked better than
75.46% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs SPGYF: 23.53

Whitecap Resources Pretax Margin % Historical Data

The historical data trend for Whitecap Resources's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Whitecap Resources Pretax Margin % Chart

Whitecap Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.98 -259.47 88.05 46.54 30.42

Whitecap Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.68 27.04 19.60 38.66 8.53

Competitive Comparison of Whitecap Resources's Pretax Margin %

For the Oil & Gas E&P subindustry, Whitecap Resources's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Whitecap Resources's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Whitecap Resources's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Whitecap Resources's Pretax Margin % falls into.



Whitecap Resources Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Whitecap Resources's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=872.615/2868.888
=30.42 %

Whitecap Resources's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=58.806/689.495
=8.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Whitecap Resources  (OTCPK:SPGYF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Whitecap Resources Pretax Margin % Related Terms

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Whitecap Resources (Whitecap Resources) Business Description

Traded in Other Exchanges
Address
3800, 525 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1
Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets. To extract petroleum products from its resources, the company uses horizontal drilling, in addition to multistage fracturing technology. Crude oil is the revenue generator out of the basket of energy products sold by Whitecap.

Whitecap Resources (Whitecap Resources) Headlines

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