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LGCYP.PFD (Legacy Reserves) Tax Rate % : 0.00% (As of Sep. 2019)


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What is Legacy Reserves Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Legacy Reserves's Tax Expense for the three months ended in Sep. 2019 was $0.00 Mil. Legacy Reserves's Pre-Tax Income for the three months ended in Sep. 2019 was $-136.23 Mil. Therefore, Legacy Reserves's Tax Rate % for the quarter that ended in Sep. 2019 was 0.00%.

Legacy Reserves Tax Rate % Historical Data

The historical data trend for Legacy Reserves'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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Legacy Reserves Tax Rate % Chart

Legacy Reserves Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.21 -2.25 -2.66 6.34

Legacy Reserves Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -5.51 -0.19 - - -

Legacy Reserves Tax Rate % Calculation

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

Legacy Reserves's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2018 )/Pre-Tax Income (A: Dec. 2018 )
=2.968/46.801
=6.34 %

Legacy Reserves's Tax Rate % for the quarter that ended in Sep. 2019 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2019 )/Pre-Tax Income (Q: Sep. 2019 )
=0.001/-136.229
=-0.00 %

* 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.

Legacy Reserves Tax Rate % Related Terms

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Legacy Reserves Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Legacy Reserves Inc (NAS:LGCYP.PFD) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
303 West Wall Street, Suite 1800, Midland, TX, USA, 79701
Website
http://www.legacyreserves.com
Legacy Reserves LP is a limited partnership which focuses on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, East Texas, Rocky Mountain and Mid-Continent regions of the United States. The company owns an interest in producing oil and natural gas properties in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma and several other states. The company operates through the segment being the Acquisition and development of oil and natural gas properties.