GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TransAtlantic Petroleum Ltd (AMEX:TAT) » Definitions » Retained Earnings

TransAtlantic Petroleum (TransAtlantic Petroleum) Retained Earnings : $-467.34 Mil (As of Sep. 2020)


View and export this data going back to 2009. Start your Free Trial

What is TransAtlantic Petroleum Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TransAtlantic Petroleum's retained earnings for the quarter that ended in Sep. 2020 was $-467.34 Mil.

TransAtlantic Petroleum's quarterly retained earnings declined from Mar. 2020 ($-456.65 Mil) to Jun. 2020 ($-464.38 Mil) and declined from Jun. 2020 ($-464.38 Mil) to Sep. 2020 ($-467.34 Mil).

TransAtlantic Petroleum's annual retained earnings declined from Dec. 2017 ($-422.10 Mil) to Dec. 2018 ($-427.32 Mil) and declined from Dec. 2018 ($-427.32 Mil) to Dec. 2019 ($-432.69 Mil).


TransAtlantic Petroleum Retained Earnings Historical Data

The historical data trend for TransAtlantic Petroleum'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.

TransAtlantic Petroleum Retained Earnings Chart

TransAtlantic Petroleum Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -391.99 -398.23 -422.10 -427.32 -432.69

TransAtlantic Petroleum Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -430.16 -432.69 -456.65 -464.38 -467.34

TransAtlantic Petroleum 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.


TransAtlantic Petroleum  (AMEX:TAT) 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.


TransAtlantic Petroleum (TransAtlantic Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
16803 Dallas Parkway, Addison, TX, USA, 75001
TransAtlantic Petroleum Ltd is an oil and natural gas company, which is engaged in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. It holds interests in developed and undeveloped oil and natural gas properties in Turkey and Bulgaria. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The firm derives the majority of revenue from of crude oil and natural gas.
Executives
Mary E West other: See REMARKS 1603 ORRINGTON AVE STE 810 EVANSTON IL 60201
Mitchell Noah Malone Iii director, 10 percent owner, officer: Chief Executive Officer 16803 DALLAS PARKWAY, ADDISON TX 75001
West Family Investments, Inc. other: See REMARKS 1603 ORRINGTON AVE, SUITE 810 EVANSTON IL 60201
Randy Rochman director 16803 DALLAS PARKWAY ADDISON TX 75001
Jonathon Fite director 16803 DALLAS PARKWAY ADDISON TX 75001
West Investment Holdings, Llc 10 percent owner, other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Gary West other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Todd Dutton officer: President 16803 DALLAS PARKWAY ADDISON TX 75001
Tabitha Bailey officer: VP & General Counsel 16803 DALLAS PARKWAY, ADDISON TX 75001
Michael Paul Hill officer: Chief Accounting Officer 16803 DALLAS PARKWAY ADDISON TX 75001
Selami Uras officer: Executive VP Turkey 16803 N. DALLAS PARKWAY ADDISON TX 75001
David Gerald Mitchell officer: Vice President Engineering 16803 DALLAS PARKWAY ADDISON TX 75001
Galo Fabian Anda officer: Principal Accounting/Financial 16803 DALLAS PARKWAY ADDISON TX 75001
Mel G Riggs director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Charles J Campise director

TransAtlantic Petroleum (TransAtlantic Petroleum) Headlines