Forza Petroleum (Forza Petroleum) Tax Rate % : -15.86% (As of Sep. 2023)

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What is Forza Petroleum Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Forza Petroleum's Tax Expense for the three months ended in Sep. 2023 was $0.2 Mil. Forza Petroleum's Pre-Tax Income for the three months ended in Sep. 2023 was $-1.3 Mil. Therefore, Forza Petroleum's Tax Rate % for the quarter that ended in Sep. 2023 was -15.86%.

Forza Petroleum Tax Rate % Historical Data

The historical data trend for Forza Petroleum'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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Forza Petroleum Tax Rate % Chart

Forza Petroleum Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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4.83

-6.04

-1.68

26.07

-4.94

Forza Petroleum Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															6.53	-0.59	-131.85	-0.05	-15.86

Forza Petroleum Tax Rate % Calculation

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

Forza Petroleum's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	6.499	/	-131.485
	=	-4.94 %

Forza Petroleum's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.213	/	-1.343
	=	-15.86 %

Forza Petroleum Tax Rate % Related Terms

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Forza Petroleum (Forza Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forza Petroleum Ltd (OTCPK:ORXPF) » Definitions » Tax Rate %

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OYX0:Germany FORZ:Canada

Address

7th Avenue SW, 3400 First Canadian Centre 350, Calgary, AB, CAN, T2P 3N9

Website

https://www.forzapetroleum.com

Forza Petroleum Ltd is engaged in the acquisition and development of exploration and production assets to produce hydrocarbons and to increase oil and gas reserves. The company holds interests in and operates the Hawler license area in the Kurdistan Region of Iraq.

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