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Westgate Energy (TSXV:WGT) Tax Rate % : 0.00% (As of Sep. 2024)


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What is Westgate Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Westgate Energy's Tax Expense for the three months ended in Sep. 2024 was C$0.00 Mil. Westgate Energy's Pre-Tax Income for the three months ended in Sep. 2024 was C$-0.49 Mil. Therefore, Westgate Energy's Tax Rate % for the quarter that ended in Sep. 2024 was 0.00%.

Westgate Energy Tax Rate % Historical Data

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

Westgate Energy Annual Data
Trend Dec22
Tax Rate %
-

Westgate Energy Quarterly Data
Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial - - - - -

Westgate Energy Tax Rate % Calculation

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

Westgate 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 )
=0/-0.007
=0.00 %

Westgate Energy'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 )
=0/-0.487
=0.00 %

* 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.

Westgate Energy Tax Rate % Related Terms

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Westgate Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Westgate Energy Inc (TSXV:WGT) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
2020 4th Street SW, Suite 420, Calgary, AB, CAN, T2S 1W3
Website
https://www.westgateenergy.ca
Westgate Energy Inc is focused on the emerging Mannville Stack fairway located in East-Central Alberta and West Central Saskatchewan, where known accumulations of medium and heavy oil are being unlocked via the application of modern drilling techniques utilizing multi-lateral horizontal drilling. The application of these modernized multi-lateral drilling techniques has yielded some of the strongest oil well economics throughout Western Canada.

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