Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $4.51 USD
Change Today -0.13 / -2.80%
Volume 46.1K
EAC On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

erickson inc (EAC) Snapshot

Open
$4.64
Previous Close
$4.64
Day High
$4.65
Day Low
$4.46
52 Week High
07/1/14 - $19.25
52 Week Low
04/13/15 - $3.50
Market Cap
62.3M
Average Volume 10 Days
58.9K
EPS TTM
$0.39
Shares Outstanding
13.8M
EX-Date
--
P/E TM
11.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for ERICKSON INC (EAC)

erickson inc (EAC) Related Bloomberg News

View More Bloomberg News

erickson inc (EAC) Related Businessweek News

No Related Businessweek News Found

erickson inc (EAC) Details

Erickson Incorporated provides aviation services to commercial and government customers. The company’s fleet supports a range of aerial services, including critical supply and logistics for deployed military forces, humanitarian relief, firefighting, timber harvesting, infrastructure construction, and crewing. It also manufactures aircranes and related components; and provides other aftermarket support services, as well as maintenance, repair, and overhaul services for the aircrane and other aircraft. In addition, the company leases aircrafts for specific missions. As of December 31, 2014, it operated a fleet of 86 rotary-wing and fixed wing aircraft, including a fleet of 20 heavy-lift Erickson S-64 aircranes. The company was formerly known as Erickson Air-Crane Incorporated and changed its name to Erickson Incorporated in April 2014. Erickson Incorporated is headquartered in Portland, Oregon.

1,000 Employees
Last Reported Date: 03/10/15

erickson inc (EAC) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: $179.3K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $276.7K
Vice President of Government, Defense and Sec...
Total Annual Compensation: $292.5K
Vice President of Oil and Gas Aviation
Total Annual Compensation: $94.9K
Compensation as of Fiscal Year 2013.

erickson inc (EAC) Key Developments

Erickson Wins Mexico Pipeline Construction Contract

Erickson Incorporated announced that the company has contracted with Group Desarrollo Infaestructura, SA de CV (GDI) who is contracted with Transportadora de Gas del Noreste for a new rural infrastructure pipeline project that will bring clean-burning natural gas to businesses and citizens in Mexico. The agreement will guarantee the use of an S-64 E Aircrane to assist in the external load transport of more than 1,000 natural gas pipeline segments that will complete the 329 mile long Topolobampo Project. This project is a first for Erickson within the construction services market in Mexico. The terrain surrounding the project is rugged and mountainous with minimal ground access. Transporting pipe segments by helicopter from a centralized staging area to multiple sites along the pipeline reduces transit time and avoids road construction. Current access roads are inaccessible for the equipment and pipe segments needed, and the helicopter allows for a more efficient project timeline. The Aircrane is an ecological and strategic solution for installation due to the lack of transportation infrastructure in this challenging location. The work will be completed early in the second quarter of 2015. The precision capability of the Aircrane, combined with the skill and experience of pilots and project managers, has led Erickson to be uniquely suited for this project.

Erickson Incorporated Secures Philippines Dam Contract

Erickson Incorporated announced that the company has contracted with Cavite Ideal International Construction and Development Corporation (Cavdeal) and Asia Aircraft Overseas Philippines (AAOP) to provide heavy-lift aviation services in support of the Angat Dam project in the Norzagaray Municipality in Bulacan Province, Central Luzon Island, Philippines. The performance of this work is projected to occur in the second quarter of 2015. This agreement guarantees the use of an S-64E Aircrane in support of a crucial water diversion project, which will ensure water is accessible to hydro-electric facilities supporting Manila and the surrounding rural area. The aircraft will be deployed to move equipment and materials required for the construction of a tunnel to divert an estimated 188 million liters of water per day from the Sumag River to the Angat Dam, augmenting the area’s water supply.

Erickson Incorporated Announces Key North American Contract Awards

Erickson Incorporated announced that the company has renewed key contracts with the US Forest Service as well as with Helifor Canada. The US Fire Service agreements guarantee the use of multiple S-64 Aircranes previously utilized under these contracts for the 2015 North American fire season. These deployed assets are contracted as exclusive use, meaning predictable income and consistent cash flow. The aircraft will be deployed as needed to mitigate the impact of wildfires in national forests and adjacent public and private lands. The potentially devastating risk of fire continues to be underscored by ongoing, severe drought conditions across the western United States. The selection and extension for timber harvest work with Helifor Canada contemplates year-round activity in British Columbia; the company noted the contract is effective January 1, 2015 through December 31, 2015. The company will continue to provide S64-E model asset and Erickson’s holistic capability as standard practice: pilots, full field maintenance support crews, parts, and components.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EAC:US $4.51 USD -0.13

EAC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Brightcove Inc $6.75 USD -0.20
Era Group Inc $23.75 USD -0.51
Espial Group Inc C$4.10 CAD -0.02
Xtreme Oil & Gas Inc $0.15 USD +0.03
PHI Inc $31.22 USD 0.00
View Industry Companies
 

Industry Analysis

EAC

Industry Average

Valuation EAC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ERICKSON INC, please visit www.ericksonaircrane.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.