Free Trial
NASDAQ:ERES

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

$8.24 -0.03 (-0.36%)
As of 10/5/2026

About East Resources Acquisition Stock (NASDAQ:ERES)

Advanced

Key Stats

Today's Range
$8.21
▼
$8.43
50-Day Range
$7.82
▼
$10.63
52-Week Range
$9.52
▼
$11.43
Volume
493,459 shs
Average Volume
14,134 shs
Market Capitalization
$94.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

East Resources Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with a business, with an initial focus on opportunities in the energy and energy-transition sectors. Unlike an operating company, it did not sell products or provide services to customers before completing a business combination; its principal activities involved raising capital through an initial public offering and evaluating potential merger targets.

East Resources Acquisition Corp. subsequently entered into a business combination with Abacus Settlements, a provider of life-insurance settlement services. The transaction was completed in July 2023, after which the combined company became Abacus Life, Inc. and began trading under the ticker symbol ABL. As a result, East Resources Acquisition Corp. is no longer an independent operating company under the ERES symbol.

AI Generated. May Contain Errors.

Receive ERES Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for East Resources Acquisition and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

ERES Stock News Headlines

Milwaukee News
Nvidia’s record quarter could send this new type of AI soaring
Nvidia just posted 96.2 billion in revenue for a single quarter, more than Coca-Cola generates in an entire year. The top five hyperscalers, Amazon, Google, Microsoft, Meta, and Oracle, are projected to spend 800 billion on AI this year and 1.3 trillion next year. Jason Bodner, a former Wall Street trader whose system has flagged stocks like Nvidia, Super Micro Computer, and Vertiv before major run ups, says a new light speed technology called Accelerated AI could be next in line for that spending.tc pixel
See More Headlines

ERES Stock Analysis - Frequently Asked Questions

East Resources Acquisition's stock was trading at $8.47 at the beginning of 2026. Since then, ERES stock has decreased by 2.7% and is now trading at $8.24.

Shares of ERES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that East Resources Acquisition investors own include Qell Acquisition (QELLU), Churchill Capital Corp IV (CCIV), Forum Merger III (FIII),

Company Calendar

Today
10/06/2026
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
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
-3.87

Miscellaneous

Outstanding Shares
11,481,000
Free Float
6,083,000
Market Cap
$94.60 million
Optionable
Not Optionable
Beta
-0.02
7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report

This page (NASDAQ:ERES) was last updated on 10/6/2026 by MarketBeat.com Staff.
From Our Partners