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TelegramRigNet, Inc. Retained Earnings | RNET
Retained earnings — this is the portion of a company’s net profit that has not been distributed to shareholders as dividends but remains at the company’s disposal for future use. It is also referred to as retained income or accumulated earnings.Possible uses include
- reinvestment in development (R&D, equipment, marketing)
- debt repayment
- acquisition of other companies
- creation of reserves for the future
A high level of retained earnings indicates that the company is in a growth phase, accumulating capital and prioritizing reinvestment over dividend payouts. Conversely, low or negative retained earnings may suggest either a generous dividend policy, in which all profits are distributed to shareholders, or ongoing losses that reduce the overall financial result.
The presence of retained earnings does not indicate that the company has available cash — it is solely an accounting figure reflecting the accumulated portion of net profit remaining after dividends have been paid. Therefore, it is important for investors to analyze not only the amount of retained earnings, but also how effectively it is used to develop the business, reduce debt, or build financial stability.
Annual Retained Earnings RigNet, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|
| -161 M | -116 M | -96.5 M | -33.7 M | -17.6 M | -6.04 M | 10.9 M | -4.7 M | -21 M | -32.9 M |
Annual performance
Select metrics to display
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 10.9 M | -161 M | -47.9 M |
Retained Earnings of other stocks in the Oil gas equipment industry
| Issuer | Retained Earnings | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
MRC Global
MRC
|
-652 M | - | - | - |  USA |
 |
Dawson Geophysical Company
DWSN
|
-140 M | $ 2.01 | -0.99 % | $ 62.3 M | USA |
 |
Ecopetrol S.A.
EC
|
12.1 T | $ 17.42 | -2.13 % | $ 35.4 B |  Colombia |
 |
TechnipFMC plc
FTI
|
-3.76 B | $ 70.53 | 0.92 % | $ 29.1 B |  Britain |
 |
Archrock
AROC
|
-2.26 B | $ 30.1 | 3.37 % | $ 5.25 B | USA |
 |
Halliburton Company
HAL
|
15 B | $ 35.48 | 1.59 % | $ 30.3 B | USA |
 |
KLX Energy Services Holdings
KLXE
|
-640 M | $ 1.14 | 3.18 % | $ 21.3 M | USA |
 |
Superior Drilling Products
SDPI
|
-28.5 M | - | - | $ 30 M | USA |
 |
Matrix Service Company
MTRX
|
1.9 M | $ 9.65 | -0.62 % | $ 273 M | USA |
 |
National Energy Services Reunited Corp.
NESR
|
65 M | $ 20.2 | -1.27 % | $ 1.99 B | USA |
 |
National Fuel Gas Company
NFG
|
2.01 B | $ 81.71 | 1.47 % | $ 7.39 B | USA |
 |
Natural Gas Services Group
NGS
|
169 M | $ 31.24 | 0.87 % | $ 392 M | USA |
 |
NOV
NOV
|
-673 M | $ 20.21 | 2.28 % | $ 7.52 B | USA |
 |
Baker Hughes Company
BKR
|
-3.25 B | $ 56.03 | 0.3 % | $ 55.6 B | USA |
 |
Gulf Island Fabrication
GIFI
|
-26.6 M | - | - | $ 186 M | USA |
 |
Oceaneering International
OII
|
1.93 B | $ 40.31 | 2.65 % | $ 4.04 B | USA |
 |
Oil States International
OIS
|
164 M | $ 8.73 | 1.45 % | $ 512 M | USA |
 |
ProPetro Holding Corp.
PUMP
|
-68 M | $ 7.34 | 0.62 % | $ 762 M | USA |
 |
Recon Technology, Ltd.
RCON
|
-293 M | $ 0.92 | 1.81 % | $ 102 K |  China |
 |
RPC
RES
|
1.08 B | $ 6.4 | 2.32 % | $ 1.36 B | USA |
 |
Ranger Energy Services
RNGR
|
48.9 M | $ 14.7 | -0.07 % | $ 329 M | USA |
 |
NexTier Oilfield Solutions
NEX
|
-226 M | - | - | $ 2.58 B | USA |
 |
Schlumberger Limited
SLB
|
18.1 B | $ 53.08 | 0.03 % | $ 75.4 B |  France |
 |
Smart Sand
SND
|
68.1 M | $ 4.84 | 1.68 % | $ 189 M | USA |
 |
Sasol Limited
SSL
|
182 B | $ 17.45 | -3.19 % | $ 11.1 B |  South-africa |
 |
Suncor Energy
SU
|
15.4 B | $ 79.46 | 0.1 % | $ 96.9 B |  Canada |
 |
Tidewater
TDW
|
-305 M | $ 84.49 | -1.84 % | $ 4.23 B | USA |
 |
Target Hospitality Corp.
TH
|
295 M | $ 14.06 | 1.96 % | $ 1.4 B | USA |
 |
Exterran Corporation
EXTN
|
-531 M | - | - | $ 153 M | USA |
 |
Tenaris S.A.
TS
|
10.7 B | $ 59.36 | 1.94 % | $ 62.7 B |  Luxembourg |
 |
TETRA Technologies
TTI
|
-165 M | $ 5.38 | 0.94 % | $ 717 M | USA |
 |
Mammoth Energy Services
TUSK
|
-279 M | $ 2.77 | 3.75 % | $ 134 M | USA |
 |
Chevron Corporation
CVX
|
205 B | $ 232.06 | -0.49 % | $ 429 B | USA |
 |
Cactus
WHD
|
680 M | $ 64.12 | 1.54 % | $ 5.14 B | USA |
 |
Select Energy Services
WTTR
|
-185 M | $ 18.7 | 3.09 % | $ 2.59 B | USA |
 |
Exxon Mobil Corporation
XOM
|
482 B | $ 184.5 | 0.7 % | $ 794 B | USA |
 |
YPF Sociedad Anónima
YPF
|
7.3 B | $ 49.18 | -2.96 % | $ 19.3 B |  Argentina |
 |
NOW
DNOW
|
-836 M | $ 15.85 | 1.02 % | $ 1.87 B | USA |
 |
USA Compression Partners, LP
USAC
|
14 M | $ 25.17 | 1.74 % | $ 3.65 B | USA |
 |
Profire Energy
PFIE
|
36.2 M | - | - | $ 120 M | USA |
 |
U.S. Silica Holdings
SLCA
|
-204 M | - | -0.06 % | $ 1.19 B | USA |
 |
Petróleo Brasileiro S.A. - Petrobras
PBR
|
2 B | $ 22.45 | -14.18 % | $ 139 B |  Brasil |
 |
Cenovus Energy
CVE
|
501 M | $ 33.19 | 0.94 % | $ 60.1 B | Canada |
 |
Adams Resources & Energy
AE
|
70.7 M | - | - | $ 96.3 M | USA |
 |
ChampionX Corporation
CHX
|
-239 M | - | - | $ 4.92 B | USA |
 |
Core Laboratories N.V.
CLB
|
85.9 M | $ 10.19 | 2.77 % | $ 472 M |  Niderland |
 |
BP PLC
BP
|
73.7 B | $ 50.54 | -1.52 % | $ 132 B | Britain |
 |
Equinor ASA
EQNR
|
30 B | $ 48.31 | -1.04 % | $ 125 B |  Norway |
 |
Flotek Industries
FTK
|
-286 M | $ 24.85 | 3.97 % | $ 842 M | USA |
 |
Geospace Technologies Corporation
GEOS
|
45.6 M | $ 4.39 | 3.05 % | $ 56.2 M | USA |