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Amplify Energy (Amplify Energy) Retained Earnings : $-44.5 Mil (As of Dec. 2023)


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What is Amplify Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Amplify Energy's retained earnings for the quarter that ended in Dec. 2023 was $-44.5 Mil.

Amplify Energy's quarterly retained earnings declined from Jun. 2023 ($-74.6 Mil) to Sep. 2023 ($-88.0 Mil) but then increased from Sep. 2023 ($-88.0 Mil) to Dec. 2023 ($-44.5 Mil).

Amplify Energy's annual retained earnings increased from Dec. 2021 ($-495.1 Mil) to Dec. 2022 ($-437.2 Mil) and increased from Dec. 2022 ($-437.2 Mil) to Dec. 2023 ($-44.5 Mil).


Amplify Energy Retained Earnings Historical Data

The historical data trend for Amplify 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.

Amplify Energy Retained Earnings Chart

Amplify Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 -463.01 -495.08 -437.20 -44.45

Amplify Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -437.20 -84.44 -74.63 -88.03 -44.45

Amplify 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.


Amplify Energy  (NYSE:AMPY) 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.


Amplify Energy (Amplify Energy) Business Description

Traded in Other Exchanges
Address
500 Dallas Street, Suite 1700, Houston, TX, USA, 77002
Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.
Executives
Eric Edward Dulany officer: See Remarks C/O AMPLIFY ENERGY, 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James Frew officer: SVP, CHIEF FINANCIAL OFFICER 500 DALLAS STREET, SUITE 2700, HOUSTON TX 77002
Daniel Furbee officer: SVP, CHIEF OPERATING OFFICER 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Vidisha Prasad director C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 17TH STREET, SUITE 1800, DENVER CO 80202
Deborah G Adams director FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Todd R Snyder director 1251 AVENUE OF THE AMERICAS, 51ST FLOOR, NY NY 10020
Patrice D Douglas director 1712 CROSSBOW, EDMOND OK 73034
Martyn Willsher officer: SVP, CFO 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Christopher W. Hamm director 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
David Proman director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Richard Smiley officer: Senior V.P. Operations 500 DALLAS STREET, SUITE 1800, HOUSTON TX 77002
Anthony William Lopez officer: See Remarks 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002