East Resources Acquisition (ERES) Stock Price, News & Analysis

Company Overview

East Resources Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. As a blank-check company, it did not have significant operating activities, products or services of its own before completing a transaction.

The company entered into a business combination agreement with Abacus Life, Inc., a provider of technology-enabled alternative asset management and life settlement solutions. The transaction was completed in 2023, after which the combined company began operating under the Abacus Life name and its shares traded under the ticker symbol “ABL.”

Accordingly, East Resources Acquisition Corp. is primarily relevant as the former acquisition vehicle used to take Abacus Life public rather than as an ongoing operating business. Information about its standalone geographic operations and products is limited because those activities were conducted by the businesses it sought to acquire.

Key Stats

• Today's Range: $8.07 to $8.55
• 50-Day Range: $7.82 to $10.63
• 52-Week Range: $9.52 to $11.43
• Volume: 805,426 shs
• Average Volume: 14,134 shs
• Market Capitalization: $95.18 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Company Calendar

• Today: 9/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Financial Services
• Sub-Industry: Specialized Finance
• Current Symbol: NASDAQ:ERES
• CIK: 1814287
• Web: eastresources.com
• Phone: 561-826-3620
• Fax: N/A
• Employees: 6
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$640 thousand
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: -7.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.01
• Quick Ratio: 0.01

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($2.13) per share
• Price / Book: -3.89

Miscellaneous

• Outstanding Shares: 11,481,000
• Free Float: 6,083,000
• Market Cap: $95.18 million
• Optionable: Not Optionable
• Beta: -0.02