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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Petronas Gas Bhd's retained earnings for the quarter that ended in Mar. 2026 was $2,660 Mil.
Petronas Gas Bhd's quarterly retained earnings
increased
from Sep. 2025 ($2,493 Mil) to Dec. 2025 ($2,569 Mil) and
increased
from Dec. 2025 ($2,569 Mil) to Mar. 2026 ($2,660 Mil).
Petronas Gas Bhd's annual retained earnings
increased
from Dec. 2023 ($2,101 Mil) to Dec. 2024 ($2,288 Mil) and
increased
from Dec. 2024 ($2,288 Mil) to Dec. 2025 ($2,569 Mil).
Petronas Gas Bhd (OTCPK:PNAGF) 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.
Petronas Gas Bhd Retained Earnings Historical Data
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The historical data trend for Petronas Gas Bhd'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.
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.
Petronas Gas Bhd (PNAGF) has a Retained Earnings of $2,660 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Petronas Gas Bhd and its competitors.
Is Petronas Gas Bhd's Retained Earnings too high?
Petronas Gas Bhd's current Retained Earnings is $2,660 Mil. Overall, Petronas Gas Bhd has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Retained Earnings compare to XOM and CVX?
Petronas Gas Bhd's Retained Earnings of $2,660 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Petronas Gas Bhd and its competitors. Petronas Gas Bhd's current Retained Earnings is $2,660 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petronas Gas Bhd (PNAGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.48, compared to a current price of $4.45 — trading 0.7% below its estimated fair value. The current Retained Earnings is $2,660 Mil. Petronas Gas Bhd's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Petronas Gas Bhd (PNAGF), the current Retained Earnings is $2,660 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Petronas Gas Bhd (PNAGF) Overvalued in 2026?
Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be undervalued.
The current stock price of $4.45 is trading 0.7% below its estimated GF Value™ of $4.48.
GuruFocus considers Petronas Gas Bhd to be Modestly Overvalued.
Key valuation signals for PNAGF:
Retained Earnings: $2,660 Mil
GF Value™: $4.48 vs. price of $4.45 (0.7% below fair value)
No single metric tells the full story. See the PNAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
73GF Score
Get the complete analysis for PNAGF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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