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Beach Energy (FRA:BPS) Tax Rate % : 19.58% (As of Jun. 2024)


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What is Beach Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Beach Energy's Tax Expense for the six months ended in Jun. 2024 was €-20 Mil. Beach Energy's Pre-Tax Income for the six months ended in Jun. 2024 was €-100 Mil. Therefore, Beach Energy's Tax Rate % for the quarter that ended in Jun. 2024 was 19.58%.


Beach Energy Tax Rate % Historical Data

The historical data trend for Beach Energy'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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Beach Energy Tax Rate % Chart

Beach Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.74 27.54 30.11 28.34 27.37

Beach Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.48 27.60 29.11 29.93 19.58

Beach Energy Tax Rate % Calculation

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

Beach Energy's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=-110.481/-403.677
=27.37 %

Beach Energy's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=-19.555/-99.871
=19.58 %

* 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.


Beach Energy Tax Rate % Related Terms

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Beach Energy Business Description

Traded in Other Exchanges
Address
80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000
Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.

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