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

Tourmaline Oil (Tourmaline Oil) Tax Rate % : 21.30% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

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. 2023 was $141 Mil. Tourmaline Oil's Pre-Tax Income for the three months ended in Dec. 2023 was $663 Mil. Therefore, Tourmaline Oil's Tax Rate % for the quarter that ended in Dec. 2023 was 21.30%.


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.

* Premium members only.

Tourmaline Oil Tax Rate % Chart

Tourmaline Oil 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 -7.07 0.15 19.58 24.03 20.35

Tourmaline Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -240.07 25.09 13.51 24.76 21.30

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. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=330.571/1624.459
=20.35 %

Tourmaline Oil's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=141.243/663.159
=21.30 %

* 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.


Tourmaline Oil Tax Rate % Related Terms

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


Tourmaline Oil (Tourmaline Oil) Business Description

Traded in Other Exchanges
Address
250 - 6th Avenue S.W., Suite 2900, Calgary, AB, CAN, T2P 3H7
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. It includes the Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.

Tourmaline Oil (Tourmaline Oil) Headlines

From GuruFocus

Leith Wheeler Investment Funds 3rd-Quarter Quarterly Review

By Sydnee Gatewood Sydnee Gatewood 10-26-2020

Leith Wheeler Comments on Tourmaline Oil

By Sydnee Gatewood Sydnee Gatewood 10-26-2020

Leith Wheeler Investment Funds 4th Quarter Review

By Holly LaFon Holly LaFon 01-29-2016

Leith Wheeler Investment Funds' 3rd-Quarter Review

By Sydnee Gatewood 11-05-2021

Tourmaline Oil Corp's Dividend Analysis

By GuruFocus Research 10-23-2023