Warren Resources Company Profile (NASDAQ:WRES)

About Warren Resources

Warren Resources logoWarren Resources, Inc. is an independent energy company engaged in the exploration, development and production of domestic onshore crude oil and gas reserves. The Company's development activities are focused on waterflood oil recovery projects in the Wilmington field in California, coalbed methane (CBM) projects in Wyoming and its Marcellus Shale project that utilizes horizontal drilling and hydraulic fracturing techniques to develop dry natural gas. The Company owns natural gas and oil leasehold interests in approximately 106,330 gross (over 80,550 net) acres. All its undeveloped acreage is located in Wyoming. It has identified approximately 140 gross drilling locations in its Wilmington field units. Additionally, it has identified over 140 gross drilling locations on its acreage in Wyoming, primarily based on approximately 80-acre well spacing and over 70 gross drilling locations in the Marcellus Shale. It has interests in approximately 570 gross (over 411.3 net) producing wells.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NASDAQ
  • Symbol: WRES
  • CUSIP: 93564A10
Key Metrics:
  • Previous Close: $0.09
  • 50 Day Moving Average: $0.13
  • 200 Day Moving Average: $0.16
  • 52-Week Range: $0.05 - $0.72
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.13
  • P/E Growth: 0.00
  • Market Cap: $N/A
Additional Links:
Companies Related to Warren Resources:

Analyst Ratings

Consensus Ratings for Warren Resources (NASDAQ:WRES) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $0.55 (511.11% upside)

Analysts' Ratings History for Warren Resources (NASDAQ:WRES)
Show:
DateFirmActionRatingPrice TargetDetails
12/15/2015Noble FinancialDowngradeBuy -> HoldView Rating Details
10/16/2015Imperial CapitalLower Price TargetIn-Line$0.75 -> $0.55View Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for Warren Resources (NASDAQ:WRES)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2016        
11/9/2015Q315($0.20)($2.29)$21.32 million$19.60 millionViewListenView Earnings Details
8/4/2015Q215($0.21)$0.03$25.99 million$25.10 millionViewListenView Earnings Details
5/7/2015Q115($0.07)($0.13)$24.60 millionViewListenView Earnings Details
3/11/2015Q414($0.02)($0.01)$41.40 million$41.00 millionViewListenView Earnings Details
11/4/2014Q314$0.04$0.04$41.48 million$40.50 millionViewListenView Earnings Details
8/11/2014Q214$0.11$0.12$34.87 million$34.99 millionViewListenView Earnings Details
5/7/2014Q114$0.09$0.11$34.10 million$34.20 millionViewListenView Earnings Details
3/6/2014Q413$0.10$0.11$33.69 million$32.61 millionViewListenView Earnings Details
11/6/2013Q313$0.12$0.20$35.73 million$34.70 millionViewListenView Earnings Details
8/7/2013Q2 2013$0.06$0.13$31.44 million$30.70 millionViewListenView Earnings Details
5/7/2013Q1 2013$0.06$0.04$31.20 million$30.80 millionViewListenView Earnings Details
3/6/2013Q4 2012$0.04$0.06$31.94 million$31.90 millionViewListenView Earnings Details
11/7/2012Q312$0.09$0.03$29.80 million$31.40 millionViewN/AView Earnings Details
8/7/2012$0.04$0.07ViewN/AView Earnings Details
5/1/2012$0.06$0.05ViewN/AView Earnings Details
3/6/2012$0.06$0.04ViewN/AView Earnings Details
11/8/2011$0.04$0.14ViewN/AView Earnings Details
8/9/2011$0.05$0.13ViewN/AView Earnings Details
5/4/2011$0.05($0.01)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Warren Resources (NASDAQ:WRES)
Current Year EPS Consensus Estimate: $-1.23 EPS
Next Year EPS Consensus Estimate: $-0.69 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.25)($0.25)($0.25)
Q2 20161($0.25)($0.25)($0.25)
Q3 20161($0.24)($0.24)($0.24)
Q4 20161($0.28)($0.28)($0.28)
Q1 20171($0.22)($0.22)($0.22)
Q2 20171($0.26)($0.26)($0.26)
Q3 20171($0.26)($0.26)($0.26)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Warren Resources (NASDAQ:WRES)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Warren Resources (NASDAQ:WRES)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/17/2015Espy Paul PriceDirectorBuy100,000$0.15$15,000.00View SEC Filing  
5/29/2015Alleva Dominick DDirectorBuy25,300$0.74$18,722.00View SEC Filing  
12/8/2014Alleva Dominick DDirectorBuy125,000$1.47$183,750.00View SEC Filing  
12/8/2014Zachary C WaiteVPBuy34,260$1.46$50,019.60View SEC Filing  
12/5/2014Daniel F CollinsVPBuy20,000$1.53$30,600.00View SEC Filing  
11/28/2014Philip Arthur EpsteinCEOBuy10,000$2.22$22,200.00View SEC Filing  
11/6/2014Philip Arthur EpsteinCEOBuy6,750$2.99$20,182.50View SEC Filing  
3/21/2014Robert Michael DowellVPSell7,300$4.78$34,894.00View SEC Filing  
12/9/2013Thomas NoonanDirectorSell21,189$3.34$70,771.26View SEC Filing  
11/27/2013Robert Michael DowellVPSell6,821$3.16$21,554.36View SEC Filing  
11/22/2013Espy Paul PriceDirectorSell3,156$3.19$10,067.64View SEC Filing  
9/19/2013David FlemingGeneral CounselSell37,180$2.91$108,193.80View SEC Filing  
9/19/2013Stewart SkellyCFOSell54,000$2.91$157,140.00View SEC Filing  
9/19/2013Timothy LarkinEVPSell151,800$2.90$440,220.00View SEC Filing  
9/10/2013Tony CoelhoDirectorSell8,350$2.75$22,962.50View SEC Filing  
3/14/2013Philip Arthur EpsteinCEOBuy10,000$2.86$28,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Warren Resources (NASDAQ:WRES)
DateHeadline
finance.yahoo.com logoGlancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of Warren Resources, Inc. Investors and Encourages Investors to Contact the Firm (NASDAQ:WRES)
finance.yahoo.com - September 21 at 7:37 PM
feeds.reuters.com logoBRIEF-Warren Resources - bankruptcy court entered order approving plan of reorganization of co - SEC Filing (NASDAQ:WRES)
feeds.reuters.com - September 20 at 5:57 PM
News IconSHAREHOLDER ALERT - - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Warren ... - Yahoo News (NASDAQ:WRES)
www.yahoo.com - September 19 at 7:59 PM
businesswire.com logoGlancy Prongay & Murray LLP Commences Investigation on Behalf of Warren Resources, Inc. Investors - Business Wire (press release) (NASDAQ:WRES)
www.businesswire.com - September 15 at 11:55 AM
finance.yahoo.com logoGlancy Prongay & Murray LLP Commences Investigation on Behalf of Warren Resources, Inc. Investors (NASDAQ:WRES)
finance.yahoo.com - September 15 at 11:55 AM
marketrealist.com logoWhy Crude Oil Prices Are Expected to Be Range Bound in 2016 - Market Realist (NASDAQ:WRES)
marketrealist.com - September 14 at 8:21 PM
prnewswire.com logoWarren Resources, Inc. Stockholder Notice: Gardy & Notis, LLP Reminds Stockholders of Warren Resources, Inc ... - PR Newswire (press release) (NASDAQ:WRES)
www.prnewswire.com - September 11 at 5:58 AM
finance.yahoo.com logoWarren Resources, Inc. Stockholder Notice: Gardy & Notis, LLP Reminds Stockholders of Warren Resources, … (NASDAQ:WRES)
finance.yahoo.com - September 9 at 7:45 PM
thestreet.com logoLundin Law PC (the "Firm") announces a class action lawsuit has been filed against Warren Resources, Inc. (NASDAQ:WRES)
www.thestreet.com - September 8 at 7:44 PM
businesswire.com logoIMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Warren ... - Business Wire (press release) (NASDAQ:WRES)
www.businesswire.com - September 8 at 12:05 PM
finance.yahoo.com logoThe Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Warren Resources, Inc. Investors and Encourages Investors to Contact the Firm (NASDAQ:WRES)
finance.yahoo.com - September 8 at 12:05 PM
finance.yahoo.com logoIMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Warren Resources, Inc. and Encourages Investors with Losses to Contact the Firm (NASDAQ:WRES)
finance.yahoo.com - September 8 at 12:05 PM
marketrealist.com logoOil Producers' Meeting: Will Failure Pressure Crude Oil Prices? - Market Realist (NASDAQ:WRES)
marketrealist.com - September 7 at 12:02 PM
marketrealist.com logoWhy Did Russia’s Crude Oil Production Fall? (NASDAQ:WRES)
marketrealist.com - September 6 at 8:14 PM
marketrealist.com logoUS On-Highway Diesel Fuel Prices Rose for the First Time in 10 Weeks - Market Realist (NASDAQ:WRES)
marketrealist.com - September 2 at 7:28 AM
4-traders.com logoGoldberg Law PC Announces Securities Class Action Lawsuit against Warren Resources, Inc. and Encourages Investors with Losses to Contact the Firm (NASDAQ:WRES)
www.4-traders.com - September 1 at 11:30 AM
finance.yahoo.com logoINVESTOR ALERT: Investigation of Warren Resources, Inc. Announced by Law Offices of Howard G. Smith (NASDAQ:WRES)
finance.yahoo.com - September 1 at 11:30 AM
finance.yahoo.com logoINVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against Warren Resources, Inc. and Encourages Investors with Losses to Contact the Firm (NASDAQ:WRES)
finance.yahoo.com - September 1 at 11:30 AM
marketrealist.com logoEnergy Calendar for the Crude Oil and Natural Gas Market - Market Realist (NASDAQ:WRES)
marketrealist.com - August 30 at 7:59 PM
marketrealist.com logoAre US Crude Oil Exports Game Changers for the Crude Oil Market? - Market Realist (NASDAQ:WRES)
marketrealist.com - August 26 at 11:09 AM
marketrealist.com logoHow US Crude Oil Product Exports Impact the Crude Oil Market - Market Realist (NASDAQ:WRES)
marketrealist.com - August 25 at 8:33 PM
News IconLawsuit for Investors in Shares of Warren Resources, Inc. in Effort to Recover Losses Filed - Digital Journal (NASDAQ:WRES)
www.digitaljournal.com - August 25 at 6:26 AM
News IconCrowd & Street Analysis on Warren Resources, Inc. (NASDAQ:WRES) - Post News (NASDAQ:WRES)
www.kentuckypostnews.com - August 25 at 6:26 AM
marketrealist.com logoRussia’s High Crude Oil Production Is Negative for Crude Oil Prices (NASDAQ:WRES)
marketrealist.com - August 24 at 11:22 AM
marketrealist.com logoIs It the Beginning of a Bear Market for Crude Oil Prices? - Market Realist (NASDAQ:WRES)
marketrealist.com - August 23 at 8:26 PM
News IconSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Warren ... - Yahoo Sports (NASDAQ:WRES)
sports.yahoo.com - August 23 at 8:26 PM
News IconCrowd is Weighing in on Warren Resources, Inc. (NASDAQ:WRES) - Post News (NASDAQ:WRES)
www.kentuckypostnews.com - August 20 at 9:54 AM
marketrealist.com logoUS Crude Oil Inventories Supported Crude Oil Prices - Market Realist (NASDAQ:WRES)
marketrealist.com - August 18 at 8:31 PM
News IconSell-side's Take on Warren Resources, Inc. (NASDAQ:WRES) Earnings - Post News (NASDAQ:WRES)
www.kentuckypostnews.com - August 18 at 8:31 PM
News IconRetail & Analyst Ratings Forecasts on Warren Resources, Inc. (NASDAQ:WRES) - Post News (NASDAQ:WRES)
www.kentuckypostnews.com - August 18 at 11:27 AM
News IconEQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against The Hain Celestial Group, Inc. - HAIN (NASDAQ:WRES)
www.onenewspage.com - August 15 at 8:39 PM
prnewswire.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Warren ... - PR Newswire (press release) (NASDAQ:WRES)
www.prnewswire.com - August 12 at 8:27 PM
finance.yahoo.com logoIMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Warren Resources, Inc. and Encourages Investors with Losses to Contact the Firm (NASDAQ:WRES)
finance.yahoo.com - August 12 at 8:27 PM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Warren … (NASDAQ:WRES)
finance.yahoo.com - August 12 at 11:38 AM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Warren Resources, Inc. (WRES) & Lead Plaintiff Deadline: October 11, 2016 (NASDAQ:WRES)
finance.yahoo.com - August 12 at 11:38 AM
businesswire.com logoIMPORTANT SHAREHOLDER NOTICE: Lundin Law PC Announces an Investigation of Warren Resources, Inc. and ... - Business Wire (press release) (NASDAQ:WRES)
www.businesswire.com - August 11 at 8:58 PM
businesswire.com logoEQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Warren Resources, Inc ... - Business Wire (press release) (NASDAQ:WRES)
www.businesswire.com - August 11 at 8:58 PM
prnewswire.com logoGardy & Notis LLP Files Securities Fraud Class Action Against Warren Resources, Inc. (NASDAQ: WRES) Executives - PR Newswire (press release) (NASDAQ:WRES)
www.prnewswire.com - August 11 at 8:58 PM
finance.yahoo.com logoEQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Warren Resources, Inc. - WRES (NASDAQ:WRES)
finance.yahoo.com - August 11 at 8:58 PM
finance.yahoo.com logoIMPORTANT SHAREHOLDER NOTICE: Lundin Law PC Announces an Investigation of Warren Resources, Inc. and Advises Investors With Losses to Contact the Firm (NASDAQ:WRES)
finance.yahoo.com - August 11 at 8:58 PM
marketrealist.com logoEIA's crude oil production estimates - Market Realist (NASDAQ:WRES)
marketrealist.com - August 10 at 9:02 PM
marketrealist.com logoGlobal Crude Oil Supply Outages Fell for 2nd Consecutive Month - Market Realist (NASDAQ:WRES)
marketrealist.com - August 10 at 9:02 PM
marketrealist.com logoThe US Crude Oil Rig Count Keeps Rising: Bear Country for Crude Prices - Market Realist (NASDAQ:WRES)
marketrealist.com - August 8 at 8:32 PM
marketrealist.com logoIndia's Crude Oil Imports: Bullish Catalyst for the Crude Oil Market - Market Realist (NASDAQ:WRES)
marketrealist.com - August 4 at 11:36 AM
marketrealist.com logoUS Crude Oil Rig Count Rose for the Fourth Consecutive Week (NASDAQ:WRES)
marketrealist.com - July 28 at 9:07 AM
marketrealist.com logoCrude Oil Falls to 3-Month Lows: Is the Uptrend Over? - Market Realist (NASDAQ:WRES)
marketrealist.com - July 27 at 8:47 PM
marketrealist.com logoUS Crude Oil Inventories Overshadow the Gasoline Build - Market Realist (NASDAQ:WRES)
marketrealist.com - July 23 at 10:31 AM
marketrealist.com logoUS Crude Oil Inventories Fall for the Ninth Consecutive Week - Market Realist (NASDAQ:WRES)
marketrealist.com - July 22 at 11:13 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Warren Resources, Inc. (NASDAQ:WRES) - TGP (NASDAQ:WRES)
telanaganapress.com - July 21 at 8:40 PM
marketrealist.com logoContinued Rise in Crude Oil Rig Counts Could Slow Oil Production - Market Realist (NASDAQ:WRES)
marketrealist.com - July 19 at 8:30 PM

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Warren Resources (NASDAQ:WRES) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff