Bloomberg the Company & Products

Bloomberg Anywhere Login


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $0.44 USD
Change Today -0.0221 / -4.80%
Volume 953.5K
WRES On Other Exchanges
As of 5:20 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

warren resources inc (WRES) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/26/14 - $7.02
52 Week Low
07/1/15 - $0.44
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for WARREN RESOURCES INC (WRES)

warren resources inc (WRES) Related Businessweek News

No Related Businessweek News Found

warren resources inc (WRES) Details

Warren Resources, Inc., an independent energy company, engages in the exploration, development, and production of domestic onshore crude oil and gas reserves. The company primarily focuses on the exploration and development of waterflood oil recovery projects in the Wilmington field within the Los Angeles Basin of California; Marcellus Shale project in northeastern Pennsylvania; and coalbed methane natural gas properties located in the Rocky Mountain region. As of December 31, 2014, it owned natural gas and oil leasehold interests in approximately 113,307 gross acres; and had estimated net proved reserves of 71.3 million barrels of oil equivalent. Warren Resources, Inc. was founded in 1990 and is based in New York, New York.

87 Employees
Last Reported Date: 03/11/15
Founded in 1990

warren resources inc (WRES) Top Compensated Officers

Interim Chief Executive Officer and Director
Total Annual Compensation: $37.6K
Chief Financial Officer and Vice President
Total Annual Compensation: $349.5K
Vice President of Operations and General Mana...
Total Annual Compensation: $346.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $287.1K
Vice President of Corporate Development
Total Annual Compensation: $290.4K
Compensation as of Fiscal Year 2014.

warren resources inc (WRES) Key Developments

Warren Resources Inc.(NasdaqGS:WRES) dropped from Russell 3000 Index

Warren Resources Inc. will be removed from the Russell 3000 Index.

Warren Resources, Inc. Receives A Deficiency Letter From The Listing Qualifications Department Of The NASDAQ Stock Market

On June 24, 2015, Warren Resources, Inc. received a deficiency letter from the Listing Qualifications Department of The NASDAQ Stock Market notifying the Company that, for the last 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued inclusion on The NASDAQ Global Market pursuant to NASDAQ Listing Rule 5450(a)(1). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until December 21, 2015, to regain compliance with the Rule. If, at any time before December 21, 2015, the bid price for the Company’s common stock closes at $1.00 or more for a minimum of 10 consecutive business days as required under Listing Rule 5810(c)(3)(A), the Staff will provide written notification to the Company that it complies with the Rule. If the Company does not regain compliance with the Rule by December 21, 2015, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company would need to transfer the listing of its common stock to The NASDAQ Capital Market, provided that it meets the continued listing requirement for the market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement. If the Company does not regain compliance with the Rule by December 21, 2015 and is not eligible for an additional compliance period at that time, the Staff will provide written notification to the Company that its common stock may be delisted. At that time, the Company may appeal the Staff’s delisting determination to a NASDAQ Listing Qualifications Panel (“Panel”). The Company would remain listed pending the Panel’s decision. There can be no assurance that, if the Company does appeal the delisting determination by the Staff to the Panel, that such appeal would be successful.

Warren Resources, Inc. Announces 9.00% Senior Notes Exchange Offer Due 2022

Warren Resources Inc. announced that it has commenced a registered exchange offer to exchange up to $230,410,000 of its outstanding 9.00% Senior Notes due 2022, which were previously issued in a private placement, for an aggregate principal amount of up to $230,410,000 in new 9.00% Senior Notes due 2022, which have been registered under the Securities Act of 1933, as amended. The sole purpose of the exchange offer is to fulfill the Company's obligations with respect to the registration of the Private Notes. Pursuant to the registration rights agreement entered into by the Company in connection with the sale of the Private Notes, the Company agreed to file with the Securities and Exchange Commission a registration statement relating to an exchange offer pursuant to which Exchange Notes, containing substantially identical terms to the Private Notes, would be offered in exchange for Private Notes that are tendered by the holders of those notes. The Exchange Offer will expire at 5:00 p.m., New York City time, on July 22, 2015, unless extended.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WRES:US $0.44 USD -0.0221

WRES Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Emerald Oil Inc $3.83 USD -0.42
Goodrich Petroleum Corp $1.68 USD -0.18
Miller Energy Resources Inc $0.37 USD +0.0039
PostRock Energy Corp $2.71 USD -0.02
Sanchez Production Partners LP $1.92 USD -0.015
View Industry Companies

Industry Analysis


Industry Average

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

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WARREN RESOURCES INC, please visit 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