Northern Minerals & Exploration NMEX
OTC NMEX
$0.05 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Northern Minerals & Exploration (NMEX) Tax Rate (2021 - 2025)

Northern Minerals & Exploration's (NMEX) quarterly Tax Rate came in at 40.55% in Q3 2025, down 4958.0% year-over-year from 0.83% in Q3 2024, and down 55.01% quarter-over-quarter from 90.13% in Q3 2024.

Analysis

Northern Minerals & Exploration (NMEX) Tax Rate (2021 - 2025) Analysis & Trends

Northern Minerals & Exploration has disclosed Tax Rate across 5 years of filings, most recently posting 40.55% for Q3 2025.

  • In Q3 2025, Tax Rate fell 4958.0% year-over-year to 40.55%; the TTM figure through Apr 2026 stood at 18.7% (up 276.0% YoY), while the FY2025 annual figure was 21.01%, down 1.0% from the prior year.
  • Tax Rate came in at 40.55% for Q3 2025 at Northern Minerals & Exploration, down from 90.13% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 109.48% in Q3 2022 to a low of 25.84% in Q3 2023.
  • Average Tax Rate over 5 years is 38.43%, with a median of 40.55% recorded in 2025.
  • Year-over-year, Tax Rate surged 13162 bps in 2022 and sank 13532 bps in 2023.
  • Over 5 years, Tax Rate stood at 22.14% in 2021, then soared by 594 bps to 109.48% in 2022, then plunged by 124 bps to 25.84% in 2023, then jumped by 449 bps to 90.13% in 2024, then tumbled by 55 bps to 40.55% in 2025.
  • Per Business Quant data, the three most recent Tax Rate figures were 40.55% in Q3 2025, 90.13% in Q3 2024, and 25.84% in Q3 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Conocophillips 166.43 Bn 158.73 Bn 12.81 Bn 35.37%
2 Canadian Natural Resources 107.17 Bn 105.28 Bn 8.84 Bn 18.22%
3 Eog Resources 77.65 Bn 72.75 Bn - 22.15%
4 Diamondback Energy 57.68 Bn 57.22 Bn 5.55 Bn 22.01%
5 Devon Energy 46.44 Bn 45.43 Bn 6.02 Bn 22.36%
6 Expand Energy 23.24 Bn 21.97 Bn 2.33 Bn 22.32%
7 Permian Resources 20.02 Bn 19.76 Bn - 21.99%
8 Ovintiv 18.09 Bn 17.20 Bn 2.83 Bn 15.40%
9 Apa 15.84 Bn 15.40 Bn 2.28 Bn 18.32%
10 Northern Minerals & Exploration 5.57 Mn 5.56 Mn 1,676.00 -
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2025 40.55%
Jul 31, 2024 90.13%
Jul 31, 2023 -25.84%
Jul 31, 2022 109.48%
Jul 31, 2021 -22.14%