Petro Rio (Petro Rio) Tax Rate % : 31.44% (As of Mar. 2024)

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What is Petro Rio Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Petro Rio's Tax Expense for the three months ended in Mar. 2024 was $96 Mil. Petro Rio's Pre-Tax Income for the three months ended in Mar. 2024 was $306 Mil. Therefore, Petro Rio's Tax Rate % for the quarter that ended in Mar. 2024 was 31.44%.

Petro Rio Tax Rate % Historical Data

The historical data trend for Petro Rio'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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Petro Rio Tax Rate % Chart

Petro Rio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-55.70

6.44

11.08

6.41

15.15

Petro Rio Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															7.45	-0.10	23.18	18.04	31.44

Petro Rio Tax Rate % Calculation

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

Petro Rio's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	188.736	/	1245.902
	=	15.15 %

Petro Rio's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	96.294	/	306.253
	=	31.44 %

Petro Rio Tax Rate % Related Terms

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Petro Rio (Petro Rio) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro Rio SA (OTCPK:HRTPY) » Definitions » Tax Rate %

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Traded in Other Exchanges

PTRRY:USA PRIO3:Brazil

Address

Praia de Botafogo, 370, 13th Floor, Botafogo, Rio de Janeiro, RJ, BRA

Website

https://www.prio3.com.br

PRIO SA is engaged in the exploration and production of oil and gas in Brazil and abroad. The company is engaged in oil and gas exploration and production in Brazil and overseas. Its exploration assets comprise Hammer shark field, Octopus field, Campo de Frade, East Albacora field, and Wahoo block.

Petro Rio (Petro Rio) Headlines

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