WTXR (West Texas Resources) Tax Rate %: 0.00% (As of Sep. 2023)

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What is West Texas Resources Tax Rate %?

West Texas Resources WTXR Tax Rate % is 0.00% as of Sep. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. West Texas Resources's Tax Expense for the three months ended in Sep. 2023 was $0.00 Mil. West Texas Resources's Pre-Tax Income for the three months ended in Sep. 2023 was $-0.01 Mil. Therefore, West Texas Resources's Tax Rate % for the quarter that ended in Sep. 2023 was 0.00%.

West Texas Resources Tax Rate % Related Terms

West Texas Resources Tax Rate % Historical Data

* Premium members only.

The historical data trend for West Texas Resources'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.

West Texas Resources Tax Rate % Chart

West Texas Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

West Texas Resources Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Sep22 Sep23
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 0.00 0.00 0.00 0.00 0.00

West Texas Resources Tax Rate % Calculation

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

West Texas Resources's Tax Rate % for the fiscal year that ended in Sep. 2016 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2016 )/Pre-Tax Income (A: Sep. 2016 )
=0/-0.224
=0.00 %

West Texas Resources's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=0/-0.01
=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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
West Texas Resources (WTXR) has a Tax Rate % of 0.00% as of Sep. 2023.
Is West Texas Resources' Tax Rate % too high?
West Texas Resources' current Tax Rate % is 0.00%.
How does West Texas Resources' Tax Rate % compare to GSPE and FECOF?
West Texas Resources' Tax Rate % of 0.00% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. West Texas Resources's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Texas Resources stock overvalued right now?
West Texas Resources (WTXR) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For West Texas Resources (WTXR), the current Tax Rate % is 0.00% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

West Texas Resources Business Description

Industry EnergyOil & Gas
Address 2628 TX 36 South, Suite 307, Brenham, TX, USA, 77833
West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The company generates income from leased interests in oil properties in North America.