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Callon Petroleum Co (Callon Petroleum Co) Retained Earnings : $-196 Mil (As of Dec. 2023)


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What is Callon Petroleum Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Callon Petroleum Co's retained earnings for the quarter that ended in Dec. 2023 was $-196 Mil.

Callon Petroleum Co's quarterly retained earnings increased from Jun. 2023 ($-484 Mil) to Sep. 2023 ($-365 Mil) and increased from Sep. 2023 ($-365 Mil) to Dec. 2023 ($-196 Mil).

Callon Petroleum Co's annual retained earnings increased from Dec. 2021 ($-2,147 Mil) to Dec. 2022 ($-597 Mil) and increased from Dec. 2022 ($-597 Mil) to Dec. 2023 ($-196 Mil).


Callon Petroleum Co Retained Earnings Historical Data

The historical data trend for Callon Petroleum Co'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.

Callon Petroleum Co Retained Earnings Chart

Callon Petroleum Co 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 21.27 -2,512.36 -2,147.20 -597.03 -195.83

Callon Petroleum Co 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 -597.03 -376.39 -484.29 -364.80 -195.83

Callon Petroleum Co 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.


Callon Petroleum Co  (NYSE:CPE) 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.


Callon Petroleum Co (Callon Petroleum Co) Business Description

Traded in Other Exchanges
Address
2000 W. Sam Houston Parkway South, Suite 2000, One Briarlake Plaza, Houston, TX, USA, 77042
Callon Petroleum Company engages in the exploration, development, acquisition, and production of oil and natural gas. Activities are primarily conducted in the Permian Basin region of West Texas and southeastern New Mexico. Callon relies heavily on the latest horizontal production techniques to extract hydrocarbon products from its assets, with crude oil accounting for over half of production. Historically, a handful of marketing and trading companies have accounted for the majority of the sales for Callon's oil and gas production. Assets are acquired through the drilling of emerging zones on existing acreage but also by acquiring additional locations through leasehold purchases, leasing programs, joint ventures, and asset swaps.
Executives
Russell E. Parker officer: Senior VP and COO 1001 LOUISIANA STREET, HOUSTON TX 77002
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Kimmeridge Energy Management Company, Llc 10 percent owner 15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bpp Holdco Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Primexx Energy Partners, Ltd 10 percent owner 4849 GREENVILLE AVENUE, SUITE 1600, DALLAS TX 75206
Bpp Energy Partners Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Mary Shafer-malicki director 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Johnson S P Iv director 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Bcp Vii/bep Ii Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bma Vii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Ema Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Energy Management Associates Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Management Associates Vii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154