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Strathcona Resources (TSX:SCR) Tax Rate % : 32.35% (As of Mar. 2024)


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What is Strathcona Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Strathcona Resources's Tax Expense for the three months ended in Mar. 2024 was C$48 Mil. Strathcona Resources's Pre-Tax Income for the three months ended in Mar. 2024 was C$149 Mil. Therefore, Strathcona Resources's Tax Rate % for the quarter that ended in Mar. 2024 was 32.35%.

Strathcona Resources Tax Rate % Historical Data

The historical data trend for Strathcona 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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Strathcona Resources Tax Rate % Chart

Strathcona Resources Annual Data
Trend Dec22 Dec23
Tax Rate %
-37.71 29.80

Strathcona Resources Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial -54.98 27.07 -42.16 30.64 32.35

Strathcona Resources Tax Rate % Calculation

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

Strathcona 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 )
=249.3/836.5
=29.80 %

Strathcona 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 )
=48.1/148.7
=32.35 %

* 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.

Strathcona Resources Tax Rate % Related Terms

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Strathcona Resources (TSX:SCR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strathcona Resources Ltd (TSX:SCR) » Definitions » Tax Rate %
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Traded in Other Exchanges
STHRF:USA YE2:Germany
Address
421 7th Avenue South west, 1900, Calgary, AB, CAN, T2P4K9
Website
https://www.strathconaresources.com
Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. The company focuses on thermal oil, enhanced oil recovery, and condensate-rich Montney.