Gulfport Energy (Gulfport Energy) Retained Earnings

: $1,848 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gulfport Energy's retained earnings for the quarter that ended in Dec. 2023 was $1,848 Mil.

Gulfport Energy's quarterly retained earnings increased from Jun. 2023 ($996 Mil) to Sep. 2023 ($1,603 Mil) and increased from Sep. 2023 ($1,603 Mil) to Dec. 2023 ($1,848 Mil).

Gulfport Energy's annual retained earnings increased from Dec. 2021 ($-113 Mil) to Dec. 2022 ($382 Mil) and increased from Dec. 2022 ($382 Mil) to Dec. 2023 ($1,848 Mil).

Gulfport Energy Retained Earnings Historical Data

The historical data trend for Gulfport 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.

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Gulfport Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-2,847.73

-4,472.86

-112.83

381.87

1,847.95

Gulfport 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																381.87	903.62	996.03	1,603.34	1,847.95

Gulfport 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.

Gulfport Energy (NYSE:GPOR) 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.

Gulfport Energy (Gulfport Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulfport Energy Corp (NYSE:GPOR) » Definitions » Retained Earnings

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Address

713 Market Drive, Oklahoma City, OK, USA, 73114

Website

https://www.gulfportenergy.com

Gulfport Energy Corp is an independent exploration and development company. It operates through Utica Shale and Scoop properties. The Utica Shale is located in the Appalachian Basin of the United States and Canada. The Scoop (South Central Oklahoma Oil Province) play of Oklahoma is located in the southeast portion of the prolific Anadarko Basin.

Executives

Jason Joseph Martinez	director	1 TOKENEKE TRAIL, HOUSTON TX 77024
Silver Point Capital L.p.	director, 10 percent owner	TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Patrick K. Craine	officer: General Counsel and Corp. Sec.	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Michael Sluiter	officer: SVP of Reservoir Engineering	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Matthew Willrath	officer: VP & CAO	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Jean Marie Powers	director	2507 LOCKE LANE, HOUSTON TX 77019
Robert J O'shea	10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Edward A Mule	10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Mary Shafer-malicki	director	757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Michael L Hodges	officer: EVP & CFO	C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Matthew Rucker	officer: SVP, Operations	713 MARKET DR, OKLAHOMA CITY OK 73114
John K. Reinhart	director, officer: President & CEO	713 MARKET DR, OKLAHOMA CITY OK 73114
Robert John Moses	officer: SVP, Operations & Drilling	3001 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134
David A Reganato	director	TWO GREENWICH PLAZA, GREENWICH CT 06830
William J Buese	officer: Chief Financial Officer	3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134