Tourmaline Oil (TSX:TOU) Retained Earnings : C$5,261 Mil (As of Dec. 2024)

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What is Tourmaline Oil Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tourmaline Oil's retained earnings for the quarter that ended in Dec. 2024 was C$5,261 Mil.

Tourmaline Oil's quarterly retained earnings increased from Jun. 2024 (C$5,114 Mil) to Sep. 2024 (C$5,170 Mil) and increased from Sep. 2024 (C$5,170 Mil) to Dec. 2024 (C$5,261 Mil).

Tourmaline Oil's annual retained earnings declined from Dec. 2022 (C$5,673 Mil) to Dec. 2023 (C$5,182 Mil) but then increased from Dec. 2023 (C$5,182 Mil) to Dec. 2024 (C$5,261 Mil).

Tourmaline Oil Retained Earnings Historical Data

The historical data trend for Tourmaline Oil'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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Tourmaline Oil Retained Earnings Chart

Tourmaline Oil Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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2,173.83

3,839.53

5,673.33

5,182.34

5,260.54

Tourmaline Oil 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															5,182.34	5,146.02	5,114.07	5,169.66	5,260.54

Tourmaline Oil 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.

Tourmaline Oil (TSX:TOU) 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.

Tourmaline Oil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tourmaline Oil Corp (TSX:TOU) » Definitions » Retained Earnings

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TRMLF:USA 08T:Germany 08T:Germany

Address

250 - 6th Avenue SW, Suite 2900, Calgary, AB, CAN, T2P 3H7

Website

https://www.tourmalineoil.com

Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. The company's project includes operations in Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.

Executives

Mike Rose	Senior Officer
Travis Toews	Director
Jill Terilee Angevine	Director
William Scott Kirker	Senior Officer
Christopher Lee	Director
Janet Weiss	Director
Sherra Aspin	Senior Officer
Brian Robinson	Senior Officer
Drew E. Tumbach	Senior Officer
Lucille Miller	Director
Earl Henry Mckinnon	Senior Officer
Lee Allan Baker	Director
John William Elick	Director
Ron Wigham	Director
Colin Joel Frostad	Senior Officer

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