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Mid-Con Energy Partners LP (Mid-Con Energy Partners LP) Retained Earnings : $0.00 Mil (As of Sep. 2020)


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What is Mid-Con Energy Partners LP Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mid-Con Energy Partners LP's retained earnings for the quarter that ended in Sep. 2020 was $0.00 Mil.


Mid-Con Energy Partners LP Retained Earnings Historical Data

The historical data trend for Mid-Con Energy Partners LP'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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Mid-Con Energy Partners LP Retained Earnings Chart

Mid-Con Energy Partners LP Annual Data
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Retained Earnings
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Mid-Con Energy Partners LP Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Mid-Con Energy Partners LP 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.


Mid-Con Energy Partners LP  (NAS:MCEP) 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.


Mid-Con Energy Partners LP (Mid-Con Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
2431 East 61st Street, Suite 850, Tulsa, OK, USA, 74136
Mid-Con Energy Partners LP is engaged in the development and production of oil and natural gas properties. The company's properties are located in Oklahoma and Wyoming core areas. It derives most of the revenue from the sale of oil and natural gas, of which a majority of the revenue is derived from oil sales.
Executives
White John Caperton Jr. director 3949 MAPLE AVE SUITE 480 DALLAS TX 75219
Goff Family Investments, Lp 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102-5478
Goff Mcep Holdings, Llc 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Robert J Boulware director 101 JEFFERSON DRIVE, MENLO PARK CA 94025
Goff Mcep Ii Lp 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Goff Ren Holdings Ii, Llc 10 percent owner 500 COMMERCE STREET SUITE 700 FORT WORTH TX 76102-5478
Travis Goff director, 10 percent owner 500 COMMERCE STREET SUITE 700 FORT WORTH TX 76102-5478
Family Foundation Goff 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
John C. Goff 2010 Family Trust 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Goff Ren Holdings, Llc 10 percent owner 500 COMMERCE STREET SUITE 700 FORT WORTH TX 76102
John C Goff 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Fred Norman Reynolds director 420 THROCKMORTON ST., SUITE 750, FORT WORTH TX 76102
Goff Focused Energy Strategies Lp 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Chad B Roller officer: President 2431 E 61ST STREET SUITE 850 TULSA OK 74136
Mclawhorn Charles L Iii officer: VP General Counsel & Secretary 2501 NORTH HARWOOD DALLAS TX 75201