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Verde Clean Fuels (Verde Clean Fuels) Retained Earnings : $-24.70 Mil (As of Mar. 2024)


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What is Verde Clean Fuels Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Verde Clean Fuels's retained earnings for the quarter that ended in Mar. 2024 was $-24.70 Mil.

Verde Clean Fuels's quarterly retained earnings declined from Sep. 2023 ($-23.28 Mil) to Dec. 2023 ($-23.92 Mil) and declined from Dec. 2023 ($-23.92 Mil) to Mar. 2024 ($-24.70 Mil).

Verde Clean Fuels's annual retained earnings increased from Dec. 2021 ($-14.39 Mil) to Dec. 2022 ($-11.67 Mil) but then declined from Dec. 2022 ($-11.67 Mil) to Dec. 2023 ($-23.92 Mil).

Verde Clean Fuels Retained Earnings Historical Data

The historical data trend for Verde Clean Fuels'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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Verde Clean Fuels Retained Earnings Chart

Verde Clean Fuels Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-1.47 -14.39 -11.67 -23.92

Verde Clean Fuels Quarterly Data
Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -21.75 -22.50 -23.28 -23.92 -24.70

Verde Clean Fuels 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.

Verde Clean Fuels  (NAS:VGAS) 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.

Verde Clean Fuels (Verde Clean Fuels) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verde Clean Fuels Inc (NAS:VGAS) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
600 Travis Street, Suite 5050, Houston, TX, USA, 77002
Website
https://www.verdecleanfuels.com
Verde Clean Fuels Inc is a renewable energy company specializing in the conversion of synthesis gas, or syngas, derived from diverse feedstocks, such as biomass, MSW and mixed plastics, as well as natural gas (including synthetic natural gas) and other feedstocks, into liquid hydrocarbons that can be used as gasoline through an innovative and proprietary liquid fuels technology, the STG process.
Executives
J Russell Porter 10 percent owner 1331 LAMAR STREET SUITE 1080, HOUSTON TX 77010
Connally John B Iii 10 percent owner 16MARCUS CO, 1600 ROCKCLIFF ROAD, AUSTIN TX 78746
Cenaq Sponsor Llc. 10 percent owner 4550 POST OAK PLACE DRIVE, SUITE 300, HOUSTON TX 77027
Michael J Mayell 10 percent owner C/O MERIDIAN RESOURCE CORP, 1401 ENCLAVE PARKWAY #300, HOUSTON TX 77077
Martijn Dekker director 600 TRAVIS STREET, HOUSTON TX 77002
Cottonmouth Ventures Llc 10 percent owner 500 WEST TEXAS AVE., SUITE 100, MIDLAND TX 79701
John R. Doyle officer: Chief Technology Officer 600 TRAVIS STREET, SUITE 5050, HOUSTON TX 77002
Ernest B. Miller officer: CEO and Interim CFO 600 TRAVIS STREET, SUITE 5050, HOUSTON TX 77002
Bluescape Clean Fuels Holdings, Llc 10 percent owner 300 CRESCENT COURT, SUITE 1860, DALLAS TX 75201
Claire Dail St. director 300 EAST 57TH STREET, NEW YORK NY 10022
Bluescape Energy Recapitalization & Restructuring Fund Iv Lp 10 percent owner 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Diamondback Energy E&p Llc 10 percent owner 14301 CALIBER DRIVE, SUITE 300, OKLAHOMA CITY OK 73134
Hoff Graham Vant director C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Jonathan A Siegler director 1601 BRYAN STREET, DALLAS TX 75201
Duncan Palmer director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659