Empire Petroleum (STU:6W8) Retained Earnings : €-77.18 Mil (As of Dec. 2024)

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What is Empire Petroleum Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Empire Petroleum's retained earnings for the quarter that ended in Dec. 2024 was €-77.18 Mil.

Empire Petroleum's quarterly retained earnings declined from Jun. 2024 (€-67.80 Mil) to Sep. 2024 (€-69.04 Mil) and declined from Sep. 2024 (€-69.04 Mil) to Dec. 2024 (€-77.18 Mil).

Empire Petroleum's annual retained earnings declined from Dec. 2022 (€-49.23 Mil) to Dec. 2023 (€-59.26 Mil) and declined from Dec. 2023 (€-59.26 Mil) to Dec. 2024 (€-77.18 Mil).

Empire Petroleum Retained Earnings Historical Data

The historical data trend for Empire 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.

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Empire Petroleum Retained Earnings Chart

Empire Petroleum Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-33.39

-52.42

-49.23

-59.26

-77.18

Empire Petroleum Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-59.26	-63.11	-67.80	-69.04	-77.18

Empire 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.

Empire Petroleum (STU:6W8) 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.

Empire Petroleum Business Description

Industry

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EP:USA

Address

2200 South Utica Place, Suite 150, Tulsa, OK, USA, 74114

Website

http://www.empirepetroleumcorp.com

Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas.

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