Trinity Exploration & Production (Trinity Exploration & Production) Tax Rate % : 38.52% (As of Jun. 2023)

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What is Trinity Exploration & Production Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trinity Exploration & Production's Tax Expense for the six months ended in Jun. 2023 was $0.43 Mil. Trinity Exploration & Production's Pre-Tax Income for the six months ended in Jun. 2023 was $1.11 Mil. Therefore, Trinity Exploration & Production's Tax Rate % for the quarter that ended in Jun. 2023 was 38.52%.

Trinity Exploration & Production Tax Rate % Historical Data

The historical data trend for Trinity Exploration & Production'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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Trinity Exploration & Production Tax Rate % Chart

Trinity Exploration & Production Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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-31.04

31.36

2,852.43

-159.09

95.40

Trinity Exploration & Production Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															1,384.38	-95.56	-23.60	81.61	38.52

Trinity Exploration & Production Tax Rate % Calculation

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

Trinity Exploration & Production'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 )
	=	2.344	/	2.457
	=	95.40 %

Trinity Exploration & Production's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	0.428	/	1.111
	=	38.52 %

Trinity Exploration & Production Tax Rate % Related Terms

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Trinity Exploration & Production (Trinity Exploration & Production) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinity Exploration & Production PLC (OTCPK:TRXEF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TRIN.GB:UK TRIN:UK

Address

C/o Pinsent Masons LLP, 1 Park Row, Leeds, GBR, LS1 5AB

Website

https://www.trinityexploration.com

Trinity Exploration & Production PLC is an independent exploration and production company. Its activities include the exploration, development, production, and sale of crude oil. The company operates a portfolio of producing and development assets both onshore and offshore in the shallow waters off the West and East Coasts of Trinidad. It operates through one operating segment being exploration and development, production and extraction of hydrocarbons.