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Glen Rose Petroleum (Glen Rose Petroleum) Retained Earnings : $-57.17 Mil (As of Dec. 2011)


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What is Glen Rose Petroleum Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Glen Rose Petroleum's retained earnings for the quarter that ended in Dec. 2011 was $-57.17 Mil.

Glen Rose Petroleum's quarterly retained earnings increased from Jun. 2011 ($-66.72 Mil) to Sep. 2011 ($-58.08 Mil) and increased from Sep. 2011 ($-58.08 Mil) to Dec. 2011 ($-57.17 Mil).

Glen Rose Petroleum's annual retained earnings declined from Mar. 2009 ($-48.43 Mil) to Mar. 2010 ($-50.12 Mil) and declined from Mar. 2010 ($-50.12 Mil) to Mar. 2011 ($-67.99 Mil).


Glen Rose Petroleum Retained Earnings Historical Data

The historical data trend for Glen Rose Petroleum'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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Glen Rose Petroleum Retained Earnings Chart

Glen Rose Petroleum Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.00 -46.25 -48.43 -50.12 -67.99

Glen Rose Petroleum Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 -54.48 -67.99 -66.72 -58.08 -57.17

Glen Rose Petroleum 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.


Glen Rose Petroleum  (GREY:GLRP) 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.


Glen Rose Petroleum (Glen Rose Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
1210 West Clay Road, Suite 5, Houston, TX, USA, 77019
An independent producer of natural gas and crude oil based in Dallas, Texas.
Executives
Michael Patrick Raleigh director SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024

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