GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texas Pacific Land Corp (STU:9WY) » Definitions » Tax Rate %

Texas Pacific Land (STU:9WY) Tax Rate % : 21.62% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Texas Pacific Land Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Texas Pacific Land's Tax Expense for the three months ended in Mar. 2024 was €29.0 Mil. Texas Pacific Land's Pre-Tax Income for the three months ended in Mar. 2024 was €134.3 Mil. Therefore, Texas Pacific Land's Tax Rate % for the quarter that ended in Mar. 2024 was 21.62%.

Texas Pacific Land Tax Rate % Historical Data

The historical data trend for Texas Pacific Land'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.

Texas Pacific Land Tax Rate % Chart

Texas Pacific Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.76 19.85 25.63 21.53 21.62

Texas Pacific Land Quarterly Data
Jun19 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 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 21.55 21.04 21.76 22.06 21.62

Texas Pacific Land Tax Rate % Calculation

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

Texas Pacific Land'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 )
=102.627/474.603
=21.62 %

Texas Pacific Land'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 )
=29.042/134.305
=21.62 %

* 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.

Texas Pacific Land Tax Rate % Related Terms

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

Texas Pacific Land (STU:9WY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texas Pacific Land Corp (STU:9WY) » Definitions » Tax Rate %
Comparable Companies
OVV APA CHK MRO AR PR EQT RRC SWN MTDR COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
TPL:USA
Address
1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201
Website
https://www.texaspacific.com
Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.

Texas Pacific Land (STU:9WY) Headlines

No Headlines