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BlackRock Energy & Resources Trust (BlackRock Energy & Resources Trust) Retained Earnings : $-119.50 Mil (As of Dec. 2023)


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What is BlackRock Energy & Resources Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BlackRock Energy & Resources Trust's retained earnings for the quarter that ended in Dec. 2023 was $-119.50 Mil.

BlackRock Energy & Resources Trust's quarterly retained earnings declined from Dec. 2022 ($-126.95 Mil) to Jun. 2023 ($-142.61 Mil) but then increased from Jun. 2023 ($-142.61 Mil) to Dec. 2023 ($-119.50 Mil).

BlackRock Energy & Resources Trust's annual retained earnings increased from Dec. 2021 ($-228.85 Mil) to Dec. 2022 ($-126.95 Mil) and increased from Dec. 2022 ($-126.95 Mil) to Dec. 2023 ($-119.50 Mil).


BlackRock Energy & Resources Trust Retained Earnings Historical Data

The historical data trend for BlackRock Energy & Resources Trust'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.

* Premium members only.

BlackRock Energy & Resources Trust Retained Earnings Chart

BlackRock Energy & Resources Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -187.32 -309.32 -228.85 -126.95 -119.50

BlackRock Energy & Resources Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -228.85 -178.75 -126.95 -142.61 -119.50

BlackRock Energy & Resources Trust 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.


BlackRock Energy & Resources Trust  (NYSE:BGR) 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.


BlackRock Energy & Resources Trust (BlackRock Energy & Resources Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Energy & Resources Trust is a closed-end equity fund providing total return through a combination of current income, gains and capital appreciation by investing in equity securities and derivatives of energy and natural resources companies. The fund invests in various sectors such as information technology, financials, healthcare, consumer discretionary, industrial, energy, materials and utilities.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
John Perlowski director, officer: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Christopher Accettella other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Alastair Bishop other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Mark Hume other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

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