Linn Energy (Linn Energy) Tax Rate % : 23.41% (As of Sep. 2019)

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What is Linn Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Linn Energy's Tax Expense for the three months ended in Sep. 2019 was $5.9 Mil. Linn Energy's Pre-Tax Income for the three months ended in Sep. 2019 was $25.2 Mil. Therefore, Linn Energy's Tax Rate % for the quarter that ended in Sep. 2019 was 23.41%.

Linn Energy Tax Rate % Historical Data

The historical data trend for Linn Energy's Tax Rate % 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.

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Linn Energy Tax Rate % Chart

Linn Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Tax Rate %

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-0.93

0.17

165.07

Linn Energy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Tax Rate %	Get a 7-Day Free Trial															-18,989.99	27.84	28.28	32.98	23.41

Linn Energy Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Linn Energy's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2018 )	/	Pre-Tax Income (A: Dec. 2018 )
	=	356.862	/	216.191
	=	165.07 %

Linn Energy's Tax Rate % for the quarter that ended in Sep. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2019 )	/	Pre-Tax Income (Q: Sep. 2019 )
	=	5.898	/	25.193
	=	23.41 %

Linn Energy Tax Rate % Related Terms

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Linn Energy (Linn Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linn Energy Inc (DELISTED:LNGG) » Definitions » Tax Rate %

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Address

14701 Hertz Quail Springs Parkway, Oklahoma City, OK, USA, 73134

Website

https://www.roanresources.com

Linn Energy Inc is a US-based independent oil and natural gas company. Its objective is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. The company's properties are located in the United States in the Hugoton Basin, the Rockies, the Mid-Continent, east Texas and north Louisiana, Michigan/Illinois, California, the Permian Basin and south Texas. Linn derives revenue from the sale of oil, natural gas and natural gas liquids.