HighPeak Energy (HighPeak Energy) Tax Rate % : 26.30% (As of Mar. 2024)

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What is HighPeak Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. HighPeak Energy's Tax Expense for the three months ended in Mar. 2024 was $2.30 Mil. HighPeak Energy's Pre-Tax Income for the three months ended in Mar. 2024 was $8.74 Mil. Therefore, HighPeak Energy's Tax Rate % for the quarter that ended in Mar. 2024 was 26.30%.

HighPeak Energy Tax Rate % Historical Data

The historical data trend for HighPeak 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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HighPeak Energy Tax Rate % Chart

HighPeak Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

23.33

24.14

23.39

HighPeak Energy Quarterly Data
	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														22.40	23.26	26.66	22.55	26.30

HighPeak Energy Tax Rate % Calculation

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

HighPeak Energy'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 )
	=	65.905	/	281.771
	=	23.39 %

HighPeak Energy'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 )
	=	2.297	/	8.735
	=	26.30 %

HighPeak Energy Tax Rate % Related Terms

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HighPeak Energy (HighPeak Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HighPeak Energy Inc (NAS:HPKEW) » Definitions » Tax Rate %

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Traded in Other Exchanges

HPK:USA

Address

421 W. 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102

Website

https://www.highpeakenergy.com

HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin. The company operates in a single segment, which is oil and natural gas development, exploration, and production.