WPX Energy (WPX Energy) Retained Earnings : $-4,133 Mil (As of Sep. 2020)

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What is WPX Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WPX Energy's retained earnings for the quarter that ended in Sep. 2020 was $-4,133 Mil.

WPX Energy's quarterly retained earnings declined from Mar. 2020 ($-3,569 Mil) to Jun. 2020 ($-3,978 Mil) and declined from Jun. 2020 ($-3,978 Mil) to Sep. 2020 ($-4,133 Mil).

WPX Energy's annual retained earnings increased from Dec. 2017 ($-3,588 Mil) to Dec. 2018 ($-3,437 Mil) and increased from Dec. 2018 ($-3,437 Mil) to Dec. 2019 ($-3,181 Mil).

WPX Energy Retained Earnings Historical Data

The historical data trend for WPX 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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WPX Energy Retained Earnings Chart

WPX Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Retained Earnings

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-2,971.00

-3,572.00

-3,588.00

-3,437.00

-3,181.00

WPX Energy 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															-3,059.00	-3,181.00	-3,569.00	-3,978.00	-4,133.00

WPX 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.

WPX Energy (NYSE:WPX) 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.

WPX Energy (WPX Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » WPX Energy Inc (NYSE:WPX) » Definitions » Retained Earnings

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Address

3500 One Williams Center, Tulsa, OK, USA, 74172-0172

Website

https://www.wpxenergy.com

WPX Energy, based in Tulsa, Oklahoma, is an unconventional oil and gas producer with acreage in the Williston Basin (Bakken), the Permian Basin, and the Rockies. At the end of 2019, the company reported net proven reserves of 528 million barrels of oil equivalent. Net production averaged 167 thousand barrels of oil equivalent per day in 2019, at a ratio of 79% liquids and 21% natural gas.

Executives

Bryan K Guderian	officer: EVP Business Development	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
J Kevin Vann	officer: EVP CFO	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Faulkner Stephen L Jr	officer: VP Controller and CAO	3500 ONE WILLIAMS CENTER, TULSA OK 74172
Encap Energy Capital Fund X, L.p.	director, 10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Encap Partners Gp, Llc	director, 10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Felix Energy Investments Ii, Llc	director, 10 percent owner	1530 16TH STREET, SUITE 500, DENVER CO 80202
Felix Investments Holdings Ii, Llc	director, 10 percent owner	1530 16TH STREET, SUITE 500, DENVER CO 80202
Karl F Kurz	director	DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Swanson Douglas E Jr	director	1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
D Martin Phillips	director	1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Kimberly S Lubel	director	P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Kelt Kindick	director	DEVON ENERGY CORP, 333 W SHERIDAN AVE, OKLAHOMA CITY OK 73102
Valerie Williams	director	C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
John A Carrig	director	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Robert Herdman	director	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172