Erin Energy Corporation Share Price

Equities

ERINQ

US2956251076

Oil & Gas Exploration and Production

Market Closed - OTC Markets 11:32:43 22/04/2024 pm IST 5-day change 1st Jan Change
0.000001 USD 0.00% Intraday chart for Erin Energy Corporation 0.00% 0.00%
Sales 2016 77.82M 6.49B Sales 2017 101M 8.44B Capitalization 590M 49.24B
Net income 2016 -142M -11.85B Net income 2017 -152M -12.68B EV / Sales 2016 11 x
Net Debt 2016 210M 17.49B Net Debt 2017 247M 20.64B EV / Sales 2017 8.28 x
P/E ratio 2016
-4.55 x
P/E ratio 2017
-3.87 x
Employees 63
Yield 2016 *
-
Yield 2017
-
Free-Float 99.86%
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Delayed Quote OTC Markets, April 22, 2024 at 11:32 pm IST

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Erin 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.
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