GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gordon Creek Energy Inc (FRA:M2Y1) » Definitions » Retained Earnings

Gordon Creek Energy (FRA:M2Y1) Retained Earnings : €-22.20 Mil (As of Oct. 2015)


View and export this data going back to . Start your Free Trial

What is Gordon Creek Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gordon Creek Energy's retained earnings for the quarter that ended in Oct. 2015 was €-22.20 Mil.

Gordon Creek Energy's quarterly retained earnings increased from Apr. 2015 (€-32.16 Mil) to Jul. 2015 (€-22.32 Mil) and increased from Jul. 2015 (€-22.32 Mil) to Oct. 2015 (€-22.20 Mil).

Gordon Creek Energy's annual retained earnings increased from Jan. 2013 (€-27.56 Mil) to Jan. 2014 (€-26.31 Mil) but then declined from Jan. 2014 (€-26.31 Mil) to Jan. 2015 (€-30.09 Mil).


Gordon Creek Energy Retained Earnings Historical Data

The historical data trend for Gordon Creek Energy'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.

Gordon Creek Energy Retained Earnings Chart

Gordon Creek Energy Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.74 -22.47 -27.56 -26.31 -30.09

Gordon Creek Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 -28.88 -30.09 -32.16 -22.32 -22.20

Gordon Creek Energy 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.


Gordon Creek Energy  (FRA:M2Y1) 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.


Gordon Creek Energy (FRA:M2Y1) Business Description

Traded in Other Exchanges
N/A
Address
734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8
Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

Gordon Creek Energy (FRA:M2Y1) Headlines

No Headlines