TRMLF (Tourmaline Oil) Tax Rate % : 22.02% (As of Dec. 2024)

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What is Tourmaline Oil Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tourmaline Oil's Tax Expense for the three months ended in Dec. 2024 was $81 Mil. Tourmaline Oil's Pre-Tax Income for the three months ended in Dec. 2024 was $367 Mil. Therefore, Tourmaline Oil's Tax Rate % for the quarter that ended in Dec. 2024 was 22.02%.

Tourmaline Oil Tax Rate % Historical Data

The historical data trend for Tourmaline Oil'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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Tourmaline Oil Tax Rate % Chart

Tourmaline Oil Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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0.15

19.58

24.03

20.35

23.75

Tourmaline Oil Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															21.30	22.46	27.42	23.80	22.02

Tourmaline Oil Tax Rate % Calculation

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

Tourmaline Oil's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	276.426	/	1163.707
	=	23.75 %

Tourmaline Oil's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	80.738	/	366.724
	=	22.02 %

Tourmaline Oil Tax Rate % Related Terms

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Tourmaline Oil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tourmaline Oil Corp (OTCPK:TRMLF) » Definitions » Tax Rate %

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08T:Germany TOU:Canada

Address

250 - 6th Avenue SW, Suite 2900, Calgary, AB, CAN, T2P 3H7

Website

https://www.tourmalineoil.com

Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. The company's project includes operations in Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.