Concho Resources (FRA:KIJ) Tax Rate % : -74.29% (As of Sep. 2020)

View and export this data going back to 2007. Start your Free Trial

What is Concho Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Concho Resources's Tax Expense for the three months ended in Sep. 2020 was €22 Mil. Concho Resources's Pre-Tax Income for the three months ended in Sep. 2020 was €-30 Mil. Therefore, Concho Resources's Tax Rate % for the quarter that ended in Sep. 2020 was -74.29%.

Concho Resources Tax Rate % Historical Data

The historical data trend for Concho Resources'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.

* Premium members only.

Concho Resources Tax Rate % Chart

Concho Resources Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Tax Rate %

Get a 7-Day Free Trial

31.96

37.47

-8.51

20.87

17.93

Concho Resources Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Tax Rate %	Get a 7-Day Free Trial															28.46	21.50	14.45	23.28	-74.29

Concho Resources Tax Rate % Calculation

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

Concho Resources's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2019 )	/	Pre-Tax Income (A: Dec. 2019 )
	=	-138.6	/	-773.1
	=	17.93 %

Concho Resources's Tax Rate % for the quarter that ended in Sep. 2020 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2020 )	/	Pre-Tax Income (Q: Sep. 2020 )
	=	22.074	/	-29.715
	=	-74.29 %

Concho Resources Tax Rate % Related Terms

Thank you for viewing the detailed overview of Concho Resources's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Concho Resources (FRA:KIJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Concho Resources Inc (FRA:KIJ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 West Illinois Avenue, One Concho Center, Midland, TX, USA, 79701

Website

https://www.concho.com

Concho Resources is an independent oil and natural gas company with operations primarily in the Permian Basin of western Texas and southeastern New Mexico. At the end of 2019, it reported proved reserves of 1.0 billion barrels of oil equivalent. Net production averaged about 331 thousand boe per day in 2018, of which 63% was oil (with natural gas and natural gas liquids making up the remainder).

Concho Resources (FRA:KIJ) Headlines

No Headlines