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U.S. Well Services (U.S. Well Services) Retained Earnings : $-428.6 Mil (As of Jun. 2022)


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What is U.S. Well Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. U.S. Well Services's retained earnings for the quarter that ended in Jun. 2022 was $-428.6 Mil.

U.S. Well Services's quarterly retained earnings declined from Dec. 2021 ($-393.0 Mil) to Mar. 2022 ($-419.3 Mil) and declined from Mar. 2022 ($-419.3 Mil) to Jun. 2022 ($-428.6 Mil).

U.S. Well Services's annual retained earnings declined from Dec. 2019 ($-93.1 Mil) to Dec. 2020 ($-322.4 Mil) and declined from Dec. 2020 ($-322.4 Mil) to Dec. 2021 ($-393.0 Mil).


U.S. Well Services Retained Earnings Historical Data

The historical data trend for U.S. Well Services'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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U.S. Well Services Retained Earnings Chart

U.S. Well Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial 0.75 -17.38 -93.09 -322.43 -393.04

U.S. Well Services Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -360.71 -370.29 -393.04 -419.28 -428.62

U.S. Well Services 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.


U.S. Well Services  (NAS:USWS) 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.


U.S. Well Services (U.S. Well Services) Business Description

Traded in Other Exchanges
N/A
Address
1360 Post Oak Boulevard, Suite 1800, Houston, TX, USA, 77056
U.S. Well Services Inc is an oilfield service provider of well stimulation services to the upstream oil and natural gas industry. The company is engaged in high-pressure hydraulic fracturing in unconventional oil and natural gas basins in the United States. It operates in a single segment, which consists of pressure pumping services.
Executives
Joshua Shapiro officer: Chief Financial Officer 1360 POST OAK BOULEVARD, SUITE 1800, HOUSTON TX 77056
Angelo Gordon & Co Lp/ny 10 percent owner 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Ag Partners Lp 10 percent owner C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
Ag Energy Funding, Llc 10 percent owner C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Adam R Schwartz 10 percent owner 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Joshua Baumgarten 10 percent owner 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Steve Saad Habachy director 9805 KATY WAY, SUITE 400, HOUSTON TX 77024
Farris Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Thrc Holdings, Lp 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Thrc Management, Llc 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Staci Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Jasper Antolin other: Principal Accounting Officer 1360 POST OAK BOULEVARD, SUITE 1800, HOUSTON TX 77056
Beal Financial Corp 10 percent owner 15770 N DALLAS PARKWAY, STE 300 LB 66, DALLAS TX 75248
Daniel Andrew Beal 10 percent owner 6000 LEGACY DRIVE, PLANO TX 75024