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HighPoint Resources (HighPoint Resources) Retained Earnings : $-1,858.7 Mil (As of Dec. 2020)


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What is HighPoint Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HighPoint Resources's retained earnings for the quarter that ended in Dec. 2020 was $-1,858.7 Mil.

HighPoint Resources's quarterly retained earnings declined from Jun. 2020 ($-1,777.9 Mil) to Sep. 2020 ($-1,793.7 Mil) and declined from Sep. 2020 ($-1,793.7 Mil) to Dec. 2020 ($-1,858.7 Mil).

HighPoint Resources's annual retained earnings declined from Dec. 2018 ($-559.8 Mil) to Dec. 2019 ($-694.7 Mil) and declined from Dec. 2019 ($-694.7 Mil) to Dec. 2020 ($-1,858.7 Mil).


HighPoint Resources Retained Earnings Historical Data

The historical data trend for HighPoint Resources'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.

HighPoint Resources Retained Earnings Chart

HighPoint Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -542.33 -681.06 -559.84 -694.67 -1,858.65

HighPoint Resources Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -694.67 -1,710.31 -1,777.94 -1,793.74 -1,858.65

HighPoint Resources 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.


HighPoint Resources  (NYSE:HPR) 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.


HighPoint Resources (HighPoint Resources) Business Description

Traded in Other Exchanges
N/A
Address
555 17th Street, Suite 3700, Denver, CO, USA, 80202
HighPoint Resources Corp is an oil and gas exploration and production company. Its operations include the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids. The company focuses its operations in the Rocky Mountain region of the U.S., where most of its production comes from the Denver-Julesburg Basin in Colorado and the Uinta Basin in Utah.HighPoint Resources Corp sells its crude oil and natural gas to pipelines, gas processors, oil refineries, and marketing companies. The company generates a majority of its revenue from Oil, gas and NGL production.
Executives
R Scot Woodall director, officer: CEO and President 1099 18TH STREET SUITE 2300 DENVER CO 80202
Kenneth A. Wonstolen officer: SVP - General Counsel 1099 18TH STREET SUITE 2300 DENVER CO 80202
Jim W Mogg director 100 WEST FIFTH STREET, TULSA OK 74013
Geiger Paul W Iii officer: Chief Operating Officer 555 17TH STREET, SUITE 3700, DENVER CO 80202
Randy I Stein director 1670 BROADWAY SUITE 2800, DENVER CO 80202
William M Crawford officer: Chief Financial Officer 1099 18TH STREET SUITE 2300 DENVER CO 80202
Andrew C Kidd director 111 MARKET PLACE, BALTIMORE MD 21202
Mark Stephen Berg director 777 HIDDEN RIDGE, IRVING TX 75038
Segner Edmund P Iii director PO BOX 4362, HOUSTON TX 77210-4362
Lori A Lancaster director 302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
David R Macosko officer: SVP, Accounting 9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Terry Barrett officer: SVP Geosciences 1099 18TH STREET SUITE 2300 DENVER CO 80202
Troy L. Schindler officer: SVP - Operations 1099 18TH STREET SUITE 2300 DENVER CO 80202
William F Owens director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Michael E Wiley director 10930 KEMWOOD DRIVE HOUSTON TX 77024