GeoPark (GeoPark) Retained Earnings : $29.5 Mil (As of Dec. 2023)

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What is GeoPark Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GeoPark's retained earnings for the quarter that ended in Dec. 2023 was $29.5 Mil.

GeoPark's quarterly retained earnings increased from Jun. 2023 ($-24.7 Mil) to Sep. 2023 ($1.7 Mil) and increased from Sep. 2023 ($1.7 Mil) to Dec. 2023 ($29.5 Mil).

GeoPark's annual retained earnings increased from Dec. 2021 ($-314.8 Mil) to Dec. 2022 ($-81.1 Mil) and increased from Dec. 2022 ($-81.1 Mil) to Dec. 2023 ($29.5 Mil).

GeoPark Retained Earnings Historical Data

The historical data trend for GeoPark'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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GeoPark Retained Earnings Chart

GeoPark Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-153.36

-380.87

-314.78

-81.15

29.53

GeoPark 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															-81.15	-60.02	-24.65	1.75	29.53

GeoPark 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.

GeoPark (NYSE:GPRK) 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.

GeoPark (GeoPark) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GeoPark Ltd (NYSE:GPRK) » Definitions » Retained Earnings

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Traded in Other Exchanges

G6O:Germany GPRK34:Brazil

Address

Calle 94 No 11 - 30, floors 8, 9, 10, Bogota, COL

Website

http://www.geo-park.com

GeoPark Ltd is a Latin American oil and gas exploration and production company with assets in Colombia, Ecuador, Chile, Brazil and Argentina. The company generates revenue from the sale of crude oil, condensate and natural gas net of value-added tax and discounts related to the sale and overriding royalties due to the ex-owners of oil and gas properties where the royalty arrangements represent a retained working interest in the property.

Executives

Manchester Financial Group, Lp	10 percent owner	ONE MARKET PLACE, 33RD FLOOR, SAN DIEGO CA 92101
Manchester Financial Group, Inc.	10 percent owner	101 ASH STREET, SUITE 1900, SAN DIEGO CA 92101