Range Resources (FRA:RAX) Tax Rate % : 16.50% (As of Mar. 2024)

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What is Range Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Range Resources's Tax Expense for the three months ended in Mar. 2024 was €17 Mil. Range Resources's Pre-Tax Income for the three months ended in Mar. 2024 was €102 Mil. Therefore, Range Resources's Tax Rate % for the quarter that ended in Mar. 2024 was 16.50%.

Range Resources Tax Rate % Historical Data

The historical data trend for Range 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.

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Range Resources Tax Rate % Chart

Range Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.57

3.47

-2.42

16.30

20.83

Range Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															20.20	32.73	24.10	19.88	16.50

Range Resources Tax Rate % Calculation

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

Range Resources'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 )
	=	210.177	/	1009.015
	=	20.83 %

Range Resources's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	16.748	/	101.515
	=	16.50 %

Range Resources Tax Rate % Related Terms

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Range Resources (FRA:RAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (FRA:RAX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RRC:USA RAX:Germany

Address

100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102

Website

https://www.rangeresources.com

Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.