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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gibson Energy's retained earnings for the quarter that ended in Jun. 2026 was C$-1,815 Mil.
Gibson Energy's quarterly retained earnings
declined
from Dec. 2025 (C$-1,741 Mil) to Mar. 2026 (C$-1,820 Mil) but then
increased
from Mar. 2026 (C$-1,820 Mil) to Jun. 2026 (C$-1,815 Mil).
Gibson Energy's annual retained earnings
declined
from Dec. 2023 (C$-1,542 Mil) to Dec. 2024 (C$-1,657 Mil) and
declined
from Dec. 2024 (C$-1,657 Mil) to Dec. 2025 (C$-1,741 Mil).
Gibson Energy (TSX:GEI) 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.
Gibson Energy Retained Earnings Historical Data
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The historical data trend for Gibson 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.
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.
What does a Retained Earnings of C$-1,815 Mil mean?
Gibson Energy (TSX:GEI) has a Retained Earnings of C$-1,815 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Gibson Energy and its competitors.
Is Gibson Energy's Retained Earnings too high?
Gibson Energy's current Retained Earnings is C$-1,815 Mil. Overall, Gibson Energy has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gibson Energy's Retained Earnings compare to WMB and EPD?
Gibson Energy's Retained Earnings of C$-1,815 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Gibson Energy and its competitors. Gibson Energy's current Retained Earnings is C$-1,815 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gibson Energy stock overvalued right now?
Based on GuruFocus' analysis, Gibson Energy (TSX:GEI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$23.99, compared to a current price of C$31.62 — trading 31.8% above its estimated fair value. The current Retained Earnings is C$-1,815 Mil. Gibson Energy's overall GF Score™ is 72/100 with 9 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 Gibson Energy (TSX:GEI), the current Retained Earnings is C$-1,815 Mil as of Jun. 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 Gibson Energy (TSX:GEI) Overvalued in 2026?
Based on GuruFocus' analysis, Gibson Energy stock appears to be overvalued.
The current stock price of C$31.62 is trading 31.8% above its estimated GF Value™ of C$23.99.
GuruFocus considers Gibson Energy to be Significantly Overvalued.
Key valuation signals for TSX:GEI:
Retained Earnings: C$-1,815 Mil
GF Value™: C$23.99 vs. price of C$31.62 (31.8% above fair value)
No single metric tells the full story. See the TSX:GEI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gibson Energy Inc is an oil infrastructure company engaged in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. The company's reportable segments are: Infrastructure and Marketing. The majority of its revenue is generated from the Marketing segment, which is involved in the purchasing, selling, storing, and optimizing of hydrocarbon products (such as crude oil, natural gas liquids, road asphalt, etc.) and marketing its refined products. The Marketing segment sources the majority of its hydrocarbon products from Western Canada as well as the Permian Basin and markets those products throughout Canada and the United States. Geographically, the company generates maximum revenue from Canada.
72GF Score
Get the complete analysis for TSX:GEI
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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