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Tatneft PJSC (Tatneft PJSC) Retained Earnings : $15,143 Mil (As of Jun. 2022)


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What is Tatneft PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tatneft PJSC's retained earnings for the quarter that ended in Jun. 2022 was $15,143 Mil.

Tatneft PJSC's quarterly retained earnings increased from Sep. 2021 ($11,209 Mil) to Dec. 2021 ($11,499 Mil) and increased from Dec. 2021 ($11,499 Mil) to Jun. 2022 ($15,143 Mil).

Tatneft PJSC's annual retained earnings declined from Dec. 2019 ($10,628 Mil) to Dec. 2020 ($9,925 Mil) but then increased from Dec. 2020 ($9,925 Mil) to Dec. 2021 ($11,499 Mil).


Tatneft PJSC Retained Earnings Historical Data

The historical data trend for Tatneft PJSC's Retained Earnings 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.

* Premium members only.

Tatneft PJSC Retained Earnings Chart

Tatneft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,843.60 9,831.65 10,627.76 9,925.14 11,499.26

Tatneft PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22
Retained Earnings 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 10,318.69 10,940.77 11,209.07 11,499.26 15,142.90

Tatneft PJSC Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Tatneft PJSC  (OTCPK:OAOFY) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Tatneft PJSC (Tatneft PJSC) Business Description

Traded in Other Exchanges
N/A
Address
75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.

Tatneft PJSC (Tatneft PJSC) Headlines

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