Warren Resources Company Profile (NASDAQ:WRES)

About Warren Resources (NASDAQ:WRES)

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
  • Symbol: NASDAQ:WRES
  • CUSIP: 93564A10
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $0.13
  • 200 Day Moving Avg: $0.16
  • 52 Week Range: $0.05 - $0.72
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.13
  • P/E Growth: 0.00
Profitability:
  • Net Margins: -1,581.83%
  • Return on Assets: -288.54%
Misc:
  • Average Volume: 2.58 million shs.
 
Frequently Asked Questions for Warren Resources (NASDAQ:WRES)

What is Warren Resources' stock symbol?

Warren Resources trades on the NASDAQ under the ticker symbol "WRES."

How were Warren Resources' earnings last quarter?

Warren Resources, Inc. (NASDAQ:WRES) released its quarterly earnings results on Wednesday, March, 11th. The company reported ($0.01) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.01. The firm had revenue of $41 million for the quarter, compared to the consensus estimate of $41.40 million. The company's revenue for the quarter was up 25.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.11 earnings per share. View Warren Resources' Earnings History.

Who are some of Warren Resources' key competitors?

How do I buy Warren Resources stock?

Shares of Warren Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Warren Resources' stock price today?

One share of Warren Resources stock can currently be purchased for approximately $0.09.


MarketBeat Community Rating for Warren Resources (NASDAQ WRES)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  35 (Vote Outperform)
Underperform Votes:  62 (Vote Underperform)
Total Votes:  97
MarketBeat's community ratings are surveys of what our community members think about Warren Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Warren Resources (NASDAQ:WRES) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Warren Resources (NASDAQ:WRES)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/15/2015Noble FinancialDowngradeBuy -> HoldN/AView Rating Details
10/16/2015Imperial CapitalLower Price TargetIn-Line$0.75 -> $0.55N/AView Rating Details
(Data available from 7/23/2015 forward)

Earnings

Earnings History for Warren Resources (NASDAQ:WRES)
Earnings by Quarter for Warren Resources (NASDAQ:WRES)
Earnings History by Quarter for Warren Resources (NASDAQ WRES)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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 and Institutional Ownership History for Warren Resources (NASDAQ:WRES)
Insider Trades by Quarter for Warren Resources (NASDAQ:WRES)
Insider Trades by Quarter 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

Headline Trends for Warren Resources (NASDAQ:WRES)
Latest Headlines for Warren Resources (NASDAQ:WRES)
Source:
DateHeadline
finance.yahoo.com logoBears Celebrate: US Crude Oil Production Hit 2015 High
finance.yahoo.com - May 4 at 9:32 AM
finance.yahoo.com logoAnalyzing OPEC’s Crude Oil Production and Oil Prices
finance.yahoo.com - May 3 at 9:40 AM
bizjournals.com logoE&P company emerges from bankruptcy, shuts down Houston office
www.bizjournals.com - October 6 at 7:55 PM
wsj.com logo[$$] Warren Resources Exits Bankruptcy
www.wsj.com - October 6 at 7:55 PM
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
finance.yahoo.com - September 21 at 7:37 PM
businesswire.com logoGlancy Prongay & Murray LLP Commences Investigation on Behalf of Warren Resources, Inc. Investors - Business Wire (press release)
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
finance.yahoo.com - September 15 at 11:55 AM
prnewswire.com logoWarren Resources, Inc. Stockholder Notice: Gardy & Notis, LLP Reminds Stockholders of Warren Resources, Inc ... - PR Newswire (press release)
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, …
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.
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)
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
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
finance.yahoo.com - September 8 at 12:05 PM
finance.yahoo.com logoINVESTOR ALERT: Investigation of Warren Resources, Inc. Announced by Law Offices of Howard G. Smith
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
finance.yahoo.com - September 1 at 11:30 AM
prnewswire.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Warren ... - PR Newswire (press release)
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
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 …
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
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)
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)
www.businesswire.com - August 11 at 8:58 PM

Social

Chart

Warren Resources (WRES) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff