DPM (Desert Peak Minerals) Tax Rate %: 0.00% (As of Jun. 2021)


What is Desert Peak Minerals Tax Rate %?

Desert Peak Minerals DPM Tax Rate % is 0.00% as of Jun. 2021.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Desert Peak Minerals's Tax Expense for the three months ended in Jun. 2021 was $0.00 Mil. Desert Peak Minerals's Pre-Tax Income for the three months ended in Jun. 2021 was $0.00 Mil. Therefore, Desert Peak Minerals's Tax Rate % for the quarter that ended in Jun. 2021 was 0.00%.

Desert Peak Minerals Tax Rate % Related Terms

Desert Peak Minerals Tax Rate % Historical Data

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The historical data trend for Desert Peak Minerals'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.

Desert Peak Minerals Tax Rate % Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Tax Rate %
1.91 -0.27

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Tax Rate % 0.00 0.00 0.00

Desert Peak Minerals Tax Rate % Calculation

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

Desert Peak Minerals's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=0.038/-14.176
=-0.27 %

Desert Peak Minerals's Tax Rate % for the quarter that ended in Jun. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2021 )/Pre-Tax Income (Q: Jun. 2021 )
=0/0
= %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Desert Peak Minerals (DPM) has a Tax Rate % of 0.00% as of Jun. 2021.
Is Desert Peak Minerals' Tax Rate % too high?
Desert Peak Minerals' current Tax Rate % is 0.00%.
How does Desert Peak Minerals' Tax Rate % compare to ?
Desert Peak Minerals' Tax Rate % of 0.00% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Desert Peak Minerals's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desert Peak Minerals stock overvalued right now?
Desert Peak Minerals (DPM) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current Tax Rate % is 0.00% as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Desert Peak Minerals Business Description

Industry EnergyOil & Gas
Comparable Companies
Desert Peak Minerals Inc acquires, owns, and manages mineral and royalty interests in the Permian Basin. Its mineral and royalty interests entitle the company to receive a fixed percentage of the revenue from crude oil, natural gas, and NGLs produced from the acreage.