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Tourmaline Oil (TSX:TOU) Tax Rate % : 23.80% (As of Sep. 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 Sep. 2024 was C$111 Mil. Tourmaline Oil's Pre-Tax Income for the three months ended in Sep. 2024 was C$466 Mil. Therefore, Tourmaline Oil's Tax Rate % for the quarter that ended in Sep. 2024 was 23.80%.

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 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
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.76 21.30 22.46 27.42 23.80

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 )
=443.494/2179.374
=20.35 %

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

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=110.926/466.119
=23.80 %

* 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

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Tourmaline Oil Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tourmaline Oil Corp (TSX:TOU) » Definitions » Tax Rate %
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Traded in Other Exchanges
TRMLF:USA 08T:Germany
Address
250 - 6th Avenue South West, 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. It includes the Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.
Executives
Mike Rose Senior Officer
William Scott Kirker Senior Officer
Jill Terilee Angevine Director
Christopher Lee Director
Janet Weiss Director
Sherra Aspin Senior Officer
Brian Robinson Senior Officer
Drew E. Tumbach Senior Officer
Lucille Miller Director
Earl Henry Mckinnon Senior Officer
Lee Allan Baker Director
John William Elick Director
Ron Wigham Director
Colin Joel Frostad Senior Officer
Allan Joseph Bush Senior Officer

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