Erin Energy Corp Company Profile (NYSE:ERN)

About Erin Energy Corp (NYSE:ERN)

Erin Energy Corp logoErin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company's asset portfolio consisted of seven licenses across four countries covering an area of approximately five million acres (approximately 19,000 square kilometers). The Company's geographical segments include Nigeria, Kenya, The Gambia and Ghana. The Company owns producing properties and conducts exploration activities offshore Nigeria, conducts exploration activities offshore Ghana and The Gambia, and onshore Kenya. The Company has 100% interest in Oil Mining Leases 120 and 121; four Production Sharing Contracts in the Lamu Basin of Kenya; two exploration licenses offshore The Gambia, and interest in Expanded Shallow Water Tano (ESWT) block offshore Ghana.

Industry, Sector and Symbol:
  • Sector: Energy
  • Industry: Oil & Gas Exploration and Production - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:ERN
  • CUSIP: N/A
  • Web: www.erinenergy.com
Capitalization:
  • Market Cap: $340.93 million
  • Outstanding Shares: 213,080,000
Average Prices:
  • 50 Day Moving Avg: $1.51
  • 200 Day Moving Avg: $2.41
  • 52 Week Range: $1.15 - $4.10
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -3.27
  • P/E Growth: 0.000
Sales & Book Value:
  • Annual Revenue: $104.16 million
  • Price / Sales: 3.27
  • Book Value: ($1.18) per share
  • Price / Book: -1.36
Profitability:
  • EBIDTA: ($19,580,000.00)
  • Net Margins: -86.08%
  • Return on Assets: -37.46%
Misc:
  • Average Volume: 88,946 shs.
  • Short Ratio: 9.88
 
Frequently Asked Questions for Erin Energy Corp (NYSE:ERN)

What is Erin Energy Corp's stock symbol?

Erin Energy Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERN."

How were Erin Energy Corp's earnings last quarter?

Erin Energy Corp (NYSE:ERN) posted its quarterly earnings data on Wednesday, May, 10th. The company reported ($0.12) earnings per share for the quarter. The firm had revenue of $31.28 million for the quarter. View Erin Energy Corp's Earnings History.

Are investors shorting Erin Energy Corp?

Erin Energy Corp saw a drop in short interest in the month of June. As of June 30th, there was short interest totalling 1,255,782 shares, a drop of 7.8% from the June 15th total of 1,362,485 shares. Based on an average daily volume of 212,023 shares, the short-interest ratio is presently 5.9 days. Currently, 2.0% of the shares of the stock are sold short.

Who are some of Erin Energy Corp's key competitors?

Who are Erin Energy Corp's key executives?

Erin Energy Corp's management team includes the folowing people:

  • Frank C. Ingriselli, Chairman of the Board
  • Sakiru Adefemi Ayoade, Chief Executive Officer, Director
  • Heidi Wong, Senior Vice President, Chief Administrative Officer
  • Adama Traore, Chief Accounting Officer, Vice President, Controller
  • J. Kent Gilliam, Vice President, Finance Controller
  • Mahmud Yayale Ahmed, Director
  • Dudu Hlatshwayo, Director
  • John Rudley, Director
  • Lee Patrick Brown, Independent Director
  • Michael Stinson, Independent Director

How do I buy Erin Energy Corp stock?

Shares of Erin Energy Corp 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 Erin Energy Corp's stock price today?

One share of Erin Energy Corp stock can currently be purchased for approximately $1.60.


MarketBeat Community Rating for Erin Energy Corp (NYSE ERN)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  9 (Vote Outperform)
Underperform Votes:  10 (Vote Underperform)
Total Votes:  19
MarketBeat's community ratings are surveys of what our community members think about Erin Energy Corp 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 Erin Energy Corp (NYSE:ERN) (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 Erin Energy Corp (NYSE:ERN)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Erin Energy Corp (NYSE:ERN)
Earnings by Quarter for Erin Energy Corp (NYSE:ERN)
Earnings History by Quarter for Erin Energy Corp (NYSE ERN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 2017($0.12)$31.28 millionViewN/AView Earnings Details
11/14/2016Q316($0.11)$28.62 millionViewListenView Earnings Details
5/10/2016Q1($0.15)$4.90 millionViewListenView Earnings Details
3/16/2016Q415($0.07)$39.80 millionViewListenView Earnings Details
8/10/2015Q215($0.04)$76.44 millionViewListenView Earnings Details
11/10/2014Q1 2015($0.16)$19.01 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Erin Energy Corp (NYSE:ERN)
Current Year EPS Consensus Estimate: $-0.52 EPS
Next Year EPS Consensus Estimate: $-0.49 EPS

Dividends

Dividend History for Erin Energy Corp (NYSE:ERN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Erin Energy Corp (NYSE:ERN)
Insider Trades by Quarter for Erin Energy Corp (NYSE:ERN)
Insider Trades by Quarter for Erin Energy Corp (NYSE:ERN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/31/2015Kase Lukman LawalCEOBuy51,600$3.06$157,896.00View SEC Filing  
12/17/2015Kase Lukman LawalCEOBuy78,270$3.11$243,419.70View SEC Filing  
12/11/2015Kase Lukman LawalCEOBuy67,192$3.38$227,108.96View SEC Filing  
11/23/2015Kase Lukman LawalCEOBuy47,300$4.02$190,146.00View SEC Filing  
9/22/2015Adama TraoreVPSell5,410$4.22$22,830.20View SEC Filing  
9/21/2015Kase Lukman LawalCEOBuy12,050$4.35$52,417.50View SEC Filing  
9/21/2015Nicolas J EvanoffSVPSell6,500$4.53$29,445.00View SEC Filing  
9/21/2015Segun OmideleCOOSell16,524$4.26$70,392.24View SEC Filing  
9/18/2015Heidi WongCAOSell8,969$4.22$37,849.18View SEC Filing  
8/28/2015Kase Lukman LawalCEOBuy9,000$4.04$36,360.00View SEC Filing  
8/27/2015Kase Lukman LawalCEOBuy29,000$3.55$102,950.00View SEC Filing  
8/17/2015Kase Lukman LawalCEOBuy7,500$7.08$53,100.00View SEC Filing  
7/10/2015Kase Lukman LawalCEOBuy5,000$3.73$18,650.00View SEC Filing  
7/2/2015Kase Lukman LawalCEOBuy10,000$3.89$38,900.00View SEC Filing  
7/1/2015Kase Lukman LawalCEOBuy5,000$3.85$19,250.00View SEC Filing  
6/17/2015Kase Lukman LawalCEOBuy18,000$4.12$74,160.00View SEC Filing  
6/11/2015Kase Lukman LawalCEOBuy10,000$6.65$66,500.00View SEC Filing  
4/27/2015Kase Lukman LawalCEOBuy20,000$5.29$105,800.00View SEC Filing  
4/23/2015Kase Lukman LawalCEOBuy10,000$5.35$53,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Erin Energy Corp (NYSE:ERN)
Latest Headlines for Erin Energy Corp (NYSE:ERN)
Source:
DateHeadline
americanbankingnews.com logoShort Interest in Erin Energy Corp (ERN) Drops By 7.8%
www.americanbankingnews.com - July 13 at 7:32 AM
seekingalpha.com logoErin Energy says planned new well offshore Nigeria should double output
seekingalpha.com - July 11 at 7:33 PM
finance.yahoo.com logoErin Energy Drilling and Production Update
finance.yahoo.com - July 10 at 6:13 PM
finance.yahoo.com logoErin Energy Announces Approval of Farm-Out Deal with FAR in The Gambia
finance.yahoo.com - July 5 at 7:06 PM
finance.yahoo.com logoAfrican Petroleum shares tumble as Gambia ends exploration talks
finance.yahoo.com - July 5 at 7:06 PM
americanbankingnews.com logoErin Energy Corp (ERN) Sees Large Growth in Short Interest
www.americanbankingnews.com - June 26 at 6:08 PM
seekingalpha.com logoErin Energy sees Nigerian offshore well doubling company production
seekingalpha.com - June 13 at 11:56 AM
finance.yahoo.com logoErin Energy Provides Drilling and Production Update
finance.yahoo.com - June 12 at 5:56 PM
finance.yahoo.com logoETFs with exposure to Erin Energy Corp. : May 31, 2017
finance.yahoo.com - May 31 at 4:58 PM
finance.yahoo.com logoErin Energy Corp. :ERN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 10:49 AM
americanbankingnews.com logoErin Energy Corp (ERN) Short Interest Up 0.9% in May
www.americanbankingnews.com - May 25 at 7:02 AM
bizjournals.com logoHouston upstream co. appoints new CEO, chairman
www.bizjournals.com - May 19 at 9:48 PM
finance.yahoo.com logoErin Energy Announces Results of Annual Meeting of Shareholders
finance.yahoo.com - May 18 at 10:24 AM
reuters.com logoBRIEF-Erin Energy posts Q1 revenues $31.3 million
www.reuters.com - May 12 at 10:32 PM
streetinsider.com logoErin Energy (ERN) Reports Q1 Loss of $0.12
www.streetinsider.com - May 12 at 10:32 PM
seekingalpha.com logoErin Energy's (ERN) CEO Jean-Michel Malek on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 10:32 PM
finance.yahoo.com logoEdited Transcript of ERN earnings conference call or presentation 11-May-17 3:00pm GMT
finance.yahoo.com - May 12 at 3:39 AM
americanbankingnews.com logoErin Energy Corp (ERN) Posts Quarterly Earnings Results
www.americanbankingnews.com - May 11 at 7:36 PM
finance.yahoo.com logoErin Energy Announces First Quarter 2017 Results
finance.yahoo.com - May 10 at 10:12 PM
finance.yahoo.com logoErin Energy reports 1Q loss
finance.yahoo.com - May 10 at 10:12 PM
americanbankingnews.com logoErin Energy Corp (ERN) Short Interest Up 4.9% in April
www.americanbankingnews.com - May 10 at 7:14 AM
finance.yahoo.com logoErin Energy Announces Release Date and Conference Call Information for First Quarter 2017 Results
finance.yahoo.com - May 2 at 7:54 PM
americanbankingnews.com logoErin Energy Corp (ERN) Getting Somewhat Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 30 at 1:52 PM
americanbankingnews.com logoErin Energy Corp (ERN) Receives Media Sentiment Score of 0.17
www.americanbankingnews.com - April 27 at 11:02 PM
americanbankingnews.com logoErin Energy Corp (ERN) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - April 27 at 7:00 AM
americanbankingnews.com logoErin Energy Corp (ERN) Given Media Impact Score of 0.12
www.americanbankingnews.com - April 20 at 5:04 PM
americanbankingnews.com logoErin Energy Corp (ERN) Getting Somewhat Negative Media Coverage, Analysis Shows
www.americanbankingnews.com - April 16 at 9:10 AM
nasdaq.com logoCNOOC ties up with Australia's FAR to hunt for oil, gas off West Africa
www.nasdaq.com - March 30 at 10:28 PM
us.rd.yahoo.com logoErin Energy Announces Farm-Out Deal With FAR for Gambia Blocks
us.rd.yahoo.com - March 27 at 11:54 AM
americanbankingnews.com logoErin Energy Corp (ERN) Sees Significant Drop in Short Interest
www.americanbankingnews.com - March 25 at 7:17 AM
finance.yahoo.com logoErin Energy Announces Audit Opinion
finance.yahoo.com - March 23 at 10:57 PM
finance.yahoo.com logoERIN ENERGY CORP. Financials
finance.yahoo.com - March 23 at 5:32 PM
seekingalpha.com logoErin Energy's (ERN) CEO Jean-Michel Malek on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 17 at 5:21 PM
finance.yahoo.com logoErin Energy Announces Full Year and Fourth Quarter 2016 Results
finance.yahoo.com - March 16 at 6:23 PM
biz.yahoo.com logoERIN ENERGY CORP. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 6:23 PM
finance.yahoo.com logoErin Energy Announces Time Change for Fourth Quarter Conference Call
finance.yahoo.com - March 15 at 10:25 PM
biz.yahoo.com logoQ4 2016 Erin Energy Corp Earnings Release - After Market Close
biz.yahoo.com - March 15 at 5:23 PM
businesswire.com logoErin Energy Announces Execution of a Drilling Rig Contract - Business Wire (press release)
www.businesswire.com - March 8 at 5:51 PM
thestreet.com logoPacific Bora (Photo: Business Wire)
www.thestreet.com - March 6 at 9:52 AM
uk.finance.yahoo.com logoErin Energy Announces Execution of a Drilling Rig Contract
us.rd.yahoo.com - March 6 at 9:52 AM
businesswire.com logoErin Energy Announces Release Date and Conference Call Information for Full Year and Fourth Quarter 2016 Results - Business Wire (press release)
www.businesswire.com - March 2 at 8:25 AM
finance.yahoo.com logoErin Energy Announces Release Date and Conference Call Information for Full Year and Fourth Quarter 2016 Results
finance.yahoo.com - March 2 at 8:25 AM
bizjournals.com logoEnergy company CEO resigns, interim named
www.bizjournals.com - February 23 at 5:01 PM
biz.yahoo.com logoERIN ENERGY CORP. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statements a
biz.yahoo.com - February 23 at 5:01 PM
streetinsider.com logoErin Energy (ERN) CEO Resigns - StreetInsider.com
www.streetinsider.com - February 23 at 3:18 AM
streetinsider.com logoErin Energy (ERN) CEO Resigns
www.streetinsider.com - February 22 at 10:17 PM
us.rd.yahoo.com logo5:05 pm Erin Energy CEO Segun Omidele has resigned effective today; Jean-Michel Malek, SVP, General Counsel, and Secretary, will serve as Interim CEO while the Board conducts a search for a permanent replacement
us.rd.yahoo.com - February 22 at 10:17 PM
finance.yahoo.com logoErin Energy Announces Resignation of CEO
finance.yahoo.com - February 22 at 5:17 PM
biz.yahoo.com logoERIN ENERGY CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obli
us.rd.yahoo.com - February 9 at 5:39 PM
uk.finance.yahoo.com logoErin Energy Announces Debt Financing
uk.finance.yahoo.com - February 9 at 5:39 PM

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Chart

Erin Energy Corp (ERN) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by MarketBeat.com Staff