Kosmos Energy (LSE:KOS) Retained Earnings : £-813 Mil (As of Sep. 2024)

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What is Kosmos Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kosmos Energy's retained earnings for the quarter that ended in Sep. 2024 was £-813 Mil.

Kosmos Energy's quarterly retained earnings increased from Mar. 2024 (£-929 Mil) to Jun. 2024 (£-881 Mil) and increased from Jun. 2024 (£-881 Mil) to Sep. 2024 (£-813 Mil).

Kosmos Energy's annual retained earnings increased from Dec. 2021 (£-1,288 Mil) to Dec. 2022 (£-1,220 Mil) and increased from Dec. 2022 (£-1,220 Mil) to Dec. 2023 (£-1,005 Mil).

Kosmos Energy Retained Earnings Historical Data

The historical data trend for Kosmos 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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Kosmos Energy Retained Earnings Chart

Kosmos Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-933.13

-1,216.11

-1,287.72

-1,219.88

-1,005.13

Kosmos Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-1,045.55	-1,005.13	-929.16	-881.00	-813.37

Kosmos 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.

Kosmos Energy (LSE:KOS) 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.

Kosmos Energy Business Description

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Address

C/O Kosmos Energy LLC, 8176 Park Lane, Suite 500, Dallas, TX, USA, 75231

Website

https://www.kosmosenergy.com

Kosmos Energy Ltd is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company focuses on field developments designed to accelerate production. Kosmos' exploration is tied to a geologically based approach geared toward the identification of petroleum systems. Its process starts with geologic studies that assess a region's subsurface but also incorporates basin modeling as well as techniques to identify reservoir/seal pair development and trap definition. In addition, a 3D seismic analysis is done to identify prospective traps of interest. In tandem with the subsurface analysis, a country-specific analysis is done to get an understanding of above-ground dynamics before targeting specific licenses.