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Last $4.13 USD
Change Today +0.38 / 10.13%
Volume 185.6K
ERN On Other Exchanges
Symbol
Exchange
Frankfurt
Johannesburg
NYSE Amex
Frankfurt
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

erin energy corp (ERN) Snapshot

Open
$3.73
Previous Close
$3.75
Day High
$4.28
Day Low
$3.73
52 Week High
06/3/15 - $8.96
52 Week Low
01/15/15 - $1.50
Market Cap
871.3M
Average Volume 10 Days
126.8K
EPS TTM
$-0.52
Shares Outstanding
211.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ERIN ENERGY CORP (ERN)

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erin energy corp (ERN) Details

Erin Energy Corporation operates as an independent oil and gas exploration and production company focused on energy resources in Africa. Its asset portfolio consists of nine licenses covering an area of 43,000 square kilometers, including production and exploration properties offshore Nigeria; and exploration licenses offshore Ghana, Kenya, and Gambia, as well as onshore Kenya. The company was formerly known as CAMAC Energy Inc. and changed its name to Erin Energy Corporation in April 2015. The company was founded in 2005 and is headquartered in Houston, Texas. Erin Energy Corporation operates as a subsidiary of CAMAC Energy Holdings Limited.

86 Employees
Last Reported Date: 03/16/15
Founded in 2005

erin energy corp (ERN) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $600.0K
Senior Vice President of Exploration & Produc...
Total Annual Compensation: $405.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $392.9K
Chief Administration Officer and Senior Vice ...
Total Annual Compensation: $337.5K
Compensation as of Fiscal Year 2014.

erin energy corp (ERN) Key Developments

Erin Energy Provides Production and Operations Update

Erin Energy Corporation provided an update on Oyo field production and updates its offshore operations in The Gambia. Nigeria: Erin Energy’s current average production from the Oyo field is in excess of 14,200 barrels of oil equivalent per day (boe/d) and is 94% oil. The Company is continuing further production optimization efforts on both the Oyo-7 and Oyo-8 wells. The Oyo-7 and Oyo-8 wells are producing into the Floating Production Storage and Offloading vessel (FPSO), Armada Perdana, and Erin Energy has scheduled the first lifting from the FPSO for sale of at least 300,000 barrels of crude oil to occur mid-July, with a second lifting scheduled for end-July. The Gambia: The necessary permits for the 3D seismic acquisition have been issued by the government of The Gambia, and the Company expects to commence the acquisition this month. Erin Energy will acquire approximately 1,500 square kilometres of 3D data over blocks A2 and A5.

Erin Energy Corporation(AMEX:ERN) added to Russell 2000 Index

Erin Energy Corporation will be added to Russell 2000 Index

Erin Energy Corporation(AMEX:ERN) added to Russell 3000 Index

Erin Energy Corporation will be added to the Russell 3000 Index.

 

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Industry Analysis

ERN

Industry Average

Valuation ERN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 23.2x
Price/Book 2.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 17.4x
 | 

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