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Epsilon Energy (Epsilon Energy) Retained Earnings : $-37.81 Mil (As of Mar. 2024)


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What is Epsilon Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Epsilon Energy's retained earnings for the quarter that ended in Mar. 2024 was $-37.81 Mil.

Epsilon Energy's quarterly retained earnings increased from Sep. 2023 ($-39.16 Mil) to Dec. 2023 ($-37.95 Mil) and increased from Dec. 2023 ($-37.95 Mil) to Mar. 2024 ($-37.81 Mil).

Epsilon Energy's annual retained earnings increased from Dec. 2021 ($-68.78 Mil) to Dec. 2022 ($-39.29 Mil) and increased from Dec. 2022 ($-39.29 Mil) to Dec. 2023 ($-37.95 Mil).


Epsilon Energy Retained Earnings Historical Data

The historical data trend for Epsilon Energy'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.

Epsilon Energy Retained Earnings Chart

Epsilon Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.29 -80.41 -68.78 -39.29 -37.95

Epsilon Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 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 -37.17 -38.16 -39.16 -37.95 -37.81

Epsilon Energy 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.


Epsilon Energy  (NAS:EPSN) 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.


Epsilon Energy (Epsilon Energy) Business Description

Traded in Other Exchanges
N/A
Address
500 Dallas Street, Suite 1250, Houston, TX, USA, 77002
Epsilon Energy Ltd is engaged in the acquisition, development, gathering, and production of natural gas and oil reserves. The operating segments of the company include Upstream segment activities include acquisition, development, and production of natural gas reserves on properties within the United States. The Gas Gathering segment partners with two other companies to operate a natural gas gathering system, and the corporate segment activities include corporate listing and governance functions of the corporation. The company generates revenue from the sale of crude oil and natural gas.
Executives
Jason Stabell director, officer: Chief Executive Officer 16945 NORTHCHASE DR., SUITE 1610, HOUSTON TX 77060
Solas Capital Management, Llc 10 percent owner 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Jason Stankowski director 3160 COLLEGE AVE, SUITE 203, BERKELEY CA 94705
Nicola L Maddox director 6331 CONCHO BAY DR, HOUSTON TX 77041
Andrew Williamson officer: Chief Financial Officer 16945 NORTHCHASE DR., SUITE 1610, HOUSTON TX 77060
John Lovoi director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
David W Winn director 5217 HOLLY ST., BELLAIRE TX 77401
Tucker Golden Frederick 10 percent owner C/O SOLAS CAPITAL MANAGEMENT, LLC, 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Bruce Lane Bond officer: Chief Financial Officer 6206 CORAL RIDGE RD., HOUSTON TX 77069
Stephen Finlayson director 3621 TIMBERSIDE CIRCLE DR., HOUSTON TX 77025
Ryan Roebuck director 16701 GREENSPOINT PARK DR., SUITE 195, HOUSTON TX 77060
Oakview Capital Management, L.p. 10 percent owner 3879 MAPLE AVE., SUITE 300, DALLAS TX 75219
Azvalor Asset Management Sgiic Sa 10 percent owner PASEO DE LA CASTELLANA 110, MADRID U3 28046
Matthew Dougherty director 180 N. STETSON AVE, SUITE 5500, CHICAGO IL 60601
Adrian Montgomery director 16701 GREENSPOINT PARK DRIVE, SUITE 195, HOUSTON TX 77060

Epsilon Energy (Epsilon Energy) Headlines

From GuruFocus

Epsilon Energy Ltd. Announces the Following Headlines

By GlobeNewswire GlobeNewswire 08-31-2022

Epsilon Announces a Second Transaction in the Permian Basin

By GlobeNewswire GlobeNewswire 05-16-2023

Epsilon Energy Ltd. Announces Quarterly Dividend

By sperokesalga sperokesalga 06-07-2023

Epsilon Reports Second Quarter 2023 Results

By Marketwired 08-11-2023

Epsilon Energy Ltd. Announces Addition to the Board of Directors

By sperokesalga sperokesalga 05-18-2023

Epsilon Energy Ltd. Announces the Following Headlines

By PurpleRose PurpleRose 07-10-2022

Epsilon Announces 2022 AGM Results

By PurpleRose PurpleRose 08-24-2022