PrairieSky Royalty (PrairieSky Royalty) Tax Rate % : 23.76% (As of Mar. 2024)

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What is PrairieSky Royalty Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PrairieSky Royalty's Tax Expense for the three months ended in Mar. 2024 was $10.9 Mil. PrairieSky Royalty's Pre-Tax Income for the three months ended in Mar. 2024 was $46.0 Mil. Therefore, PrairieSky Royalty's Tax Rate % for the quarter that ended in Mar. 2024 was 23.76%.

PrairieSky Royalty Tax Rate % Historical Data

The historical data trend for PrairieSky Royalty'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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PrairieSky Royalty Tax Rate % Chart

PrairieSky Royalty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-2.02

16.14

21.81

23.64

23.29

PrairieSky Royalty 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															23.66	23.93	23.38	22.44	23.76

PrairieSky Royalty Tax Rate % Calculation

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

PrairieSky Royalty'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 )
	=	51.506	/	221.154
	=	23.29 %

PrairieSky Royalty'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 )
	=	10.934	/	46.025
	=	23.76 %

PrairieSky Royalty Tax Rate % Related Terms

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PrairieSky Royalty (PrairieSky Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrairieSky Royalty Ltd (OTCPK:PREKF) » Definitions » Tax Rate %

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Traded in Other Exchanges

7PS:Germany PSK:Canada

Address

350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9

Website

https://www.prairiesky.com

PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

PrairieSky Royalty (PrairieSky Royalty) Headlines

From GuruFocus

PrairieSky Royalty Closes Acquisition of Western Canadian Royalty Assets and Expands Sustainability-Linked Loan

By GlobeNewswire GlobeNewswire • 12-15-2021

PrairieSky to Host Investor Day

By GlobeNewswire GlobeNewswire • 05-09-2023

PrairieSky Royalty Announces Conference Call For 2020 Annual Results

By GlobeNewswire GlobeNewswire • 01-11-2021

PrairieSky Recognized as a Global Sustainability Leader in Newly Released ESG Rankings

By GlobeNewswire GlobeNewswire • 01-05-2021

PrairieSky Royalty Declares Quarterly Dividend and Provides Update on Normal Course Issuer Bid

By GlobeNewswire GlobeNewswire • 09-09-2020

CORRECTION � PrairieSky Royalty Declares Quarterly Dividend

By GlobeNewswire GlobeNewswire • 03-09-2021

PrairieSky Royalty Announces Conference Call for Q2 2020 Results

By GlobeNewswire GlobeNewswire • 07-07-2020