NuVista Energy (TSX:NVA) Retained Earnings : C$1,135 Mil (As of Sep. 2024)

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What is NuVista Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NuVista Energy's retained earnings for the quarter that ended in Sep. 2024 was C$1,135 Mil.

NuVista Energy's quarterly retained earnings increased from Mar. 2024 (C$980 Mil) to Jun. 2024 (C$1,082 Mil) and increased from Jun. 2024 (C$1,082 Mil) to Sep. 2024 (C$1,135 Mil).

NuVista Energy's annual retained earnings increased from Dec. 2021 (C$139 Mil) to Dec. 2022 (C$686 Mil) and increased from Dec. 2022 (C$686 Mil) to Dec. 2023 (C$952 Mil).

NuVista Energy Retained Earnings Historical Data

The historical data trend for NuVista 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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NuVista Energy Retained Earnings Chart

NuVista Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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72.41

-125.47

139.21

685.76

952.03

NuVista 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															911.52	952.03	979.88	1,081.61	1,134.53

NuVista 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.

NuVista Energy (TSX:NVA) 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.

NuVista Energy Business Description

Industry

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NUVSF:USA NVG:Germany

Address

525 - 8th Avenue South West, Suite 2500, Calgary, AB, CAN, T2P 1G1

Website

https://nvaenergy.com

NuVista Energy Ltd engages in the exploration, delineation, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the portion of hydrocarbon production for NuVista. To improve service assets and production in this area, the firm operates compressor and dehydration stations.

Executives

Kevin Garth Asman	Senior Officer
Jonathan Andrew Wright	Senior Officer
Christopher Mark Alessandro Legrow	Senior Officer
Michael Lawford	Senior Officer
Joshua Thomas Truba	Senior Officer
Ryan Daniel Paulgaard	Senior Officer
Keith A.j. Macphail	Director, Senior Officer
Ivan J. Condic	Senior Officer
Paramount Resources Ltd.	10% Security Holder
Kathy Holzhauser	Director
Ross Lloyd Andreachuk	Senior Officer
Gmt Capital Corp	10% Security Holder
Ronald J.m. Poelzer	Director
Pentti Olavi Karkkainen	Director
Deborah Susan Stein	Director