Approach Resources (AREX)
Add to Watchlists Create an AlertApproach Resources Retained Earnings:
72.26M for March 31, 2013Approach Resources Historical Retained Earnings Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 72.26M |
| Dec. 31, 2012 | 72.61M |
| Sept. 30, 2012 | 73.45M |
| June 30, 2012 | 75.80M |
| March 31, 2012 | 67.94M |
| Dec. 31, 2011 | 66.23M |
| Sept. 30, 2011 | 75.51M |
| June 30, 2011 | 68.44M |
| March 31, 2011 | 60.45M |
| Dec. 31, 2010 | 58.99M |
| Sept. 30, 2010 | 58.72M |
| June 30, 2010 | 56.64M |
| March 31, 2010 | 55.09M |
| Dec. 31, 2009 | 51.52M |
About Retained Earnings
The net income that remains after paying dividends. It is reported on the balance sheet as the cumulative sum of each year's retained earnings over the life of the business. Retained earnings can be used to pay debt and future dividends, or can be reinvested into business activities.
The "retained" refers to the earnings after paying out dividends. Companies with increasing retained earnings is good, because it means the company is staying consistently profitable. If a company has a yearly loss, this number is subtracted from retained earnings.
If a company's annual net income was 5 million, paid out 3 million in dividends, and had a retained earnings of 9 million, retained earnings at the end of 2012 would be 11 million (5-3+9). Similarly if next year the company paid no dividends but had a yearly net income loss of 5 million, retained earnings would be 6 million (11-5).
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AREX Retained Earnings Benchmarks
| Companies | |
|---|---|
| Abraxas Petroleum Corporation | -205.26M |
| Diamondback Energy | -52.07M |
| Oasis Petroleum | 191.78M |
AREX Retained Earnings Rankings
| Overall |
75th percentile 1969 of 8009 |
| Sector |
71st percentile 118 of 413 in Energy |
| Industry |
74th percentile 46 of 183 in Oil & Gas E&P |
AREX Retained Earnings Range, Past 5 Years
| Minimum | 37.06M | Jun 2008 |
| Maximum | 75.80M | Jun 2012 |
| Average | 61.64M |