VELXQ (Canadian Overseas Petroleum) Total Tax Payable: $0.73 Mil (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Canadian Overseas Petroleum Total Tax Payable?

Canadian Overseas Petroleum VELXQ -99.67% Total Tax Payable is $0.73 Mil as of Sep. 2023.

Canadian Overseas Petroleum's Total Tax Payable for the quarter that ended in Sep. 2023 was $0.73 Mil.

Canadian Overseas Petroleum's quarterly Total Tax Payable declined from Mar. 2023 ($0.91 Mil) to Jun. 2023 ($0.72 Mil) but then increased from Jun. 2023 ($0.72 Mil) to Sep. 2023 ($0.73 Mil).

Canadian Overseas Petroleum's annual Total Tax Payable increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($3.11 Mil) but then declined from Dec. 2021 ($3.11 Mil) to Dec. 2022 ($1.01 Mil).

Canadian Overseas Petroleum Total Tax Payable Related Terms

Canadian Overseas Petroleum Total Tax Payable Historical Data

* Premium members only.

The historical data trend for Canadian Overseas Petroleum's Total Tax Payable 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.

Canadian Overseas Petroleum Total Tax Payable Chart

Canadian Overseas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Tax Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 3.11 1.01

Canadian Overseas Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Tax Payable 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 3.78 1.01 0.91 0.72 0.73

Canadian Overseas Petroleum Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Frequently Asked Questions Learn more about Total Tax Payable →
What does a Total Tax Payable of $0.73 Mil mean?
Canadian Overseas Petroleum (VELXQ) has a Total Tax Payable of $0.73 Mil as of Sep. 2023. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Canadian Overseas Petroleum and its competitors.
Is Canadian Overseas Petroleum's Total Tax Payable too high?
Canadian Overseas Petroleum's current Total Tax Payable is $0.73 Mil.
How does Canadian Overseas Petroleum's Total Tax Payable compare to COP and EOG?
Canadian Overseas Petroleum's Total Tax Payable of $0.73 Mil 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 Total Tax Payable for an Oil & Gas company?
A good Total Tax Payable depends on the Oil & Gas industry context. However, Total Tax Payable 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 Total Tax Payable mean?
A high Total Tax Payable can signal that a stock is expensive relative to its fundamentals. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Canadian Overseas Petroleum and its competitors. Canadian Overseas Petroleum's current Total Tax Payable is $0.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Overseas Petroleum stock overvalued right now?
Canadian Overseas Petroleum (VELXQ) has a current Total Tax Payable of $0.73 Mil. The current Total Tax Payable is $0.73 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Tax Payable calculated?
Total Tax Payable is calculated from a company's financial statements. For Canadian Overseas Petroleum (VELXQ), the current Total Tax Payable is $0.73 Mil 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.

Canadian Overseas Petroleum Business Description

Industry EnergyOil & Gas
Address 715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6
Canadian Overseas Petroleum Ltd is an international oil and gas exploration, development and production company pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa and independently in other countries. The company's Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.