Pipestone Energy (TSX:PIPE) Tax Rate % : 22.99% (As of Jun. 2023)

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What is Pipestone Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pipestone Energy's Tax Expense for the three months ended in Jun. 2023 was C$4.5 Mil. Pipestone Energy's Pre-Tax Income for the three months ended in Jun. 2023 was C$19.8 Mil. Therefore, Pipestone Energy's Tax Rate % for the quarter that ended in Jun. 2023 was 22.99%.

Pipestone Energy Tax Rate % Historical Data

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

Pipestone Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

0.48

44.31

23.32

24.90

22.55

Pipestone Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Tax Rate %	Get a 7-Day Free Trial															23.40	23.95	19.93	25.57	22.99

Pipestone Energy Tax Rate % Calculation

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

Pipestone Energy's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	64.082	/	284.199
	=	22.55 %

Pipestone Energy's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	4.549	/	19.789
	=	22.99 %

Pipestone Energy Tax Rate % Related Terms

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Pipestone Energy (TSX:PIPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pipestone Energy Corp (TSX:PIPE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.

Website

https://www.pipestonecorp.com

Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.

Executives

Gmt Capital Corp

Director

Pipestone Energy (TSX:PIPE) Headlines

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