Erin Energy Corp Stock Fundamentals
| ERINQDelisted Stock | USD 0.0001 0.00 0.00% |
Erin Energy Corp fundamentals help investors to digest information that contributes to Erin Energy's financial success or failures. It also enables traders to predict the movement of Erin Pink Sheet. The fundamental analysis module provides a way to measure Erin Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Erin Energy pink sheet.
Erin |
Erin Energy Corp Company Current Valuation Analysis
Erin Energy's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Erin Energy Current Valuation | 86.11 K |
Most of Erin Energy's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Erin Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Erin Energy Corp has a Current Valuation of 86.11 K. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
Erin Energy Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Erin Energy's current stock value. Our valuation model uses many indicators to compare Erin Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Erin Energy competition to find correlations between indicators driving Erin Energy's intrinsic value. More Info.Erin Energy Corp is rated # 4 in return on asset category among its peers. It also is rated # 4 in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Erin Energy's earnings, one of the primary drivers of an investment's value.Erin Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Erin Energy's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Erin Energy could also be used in its relative valuation, which is a method of valuing Erin Energy by comparing valuation metrics of similar companies.Erin Energy is currently under evaluation in current valuation category among its peers.
Erin Fundamentals
| Return On Asset | -0.31 | ||||
| Profit Margin | (1.50) % | ||||
| Operating Margin | (1.31) % | ||||
| Current Valuation | 86.11 K | ||||
| Shares Outstanding | 215.27 M | ||||
| Number Of Shares Shorted | 560.43 K | ||||
| Revenue | 101.17 M | ||||
| Gross Profit | 18.17 M | ||||
| EBITDA | (69.92 M) | ||||
| Net Income | (151.89 M) | ||||
| Cash And Equivalents | 22.13 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 191.18 M | ||||
| Current Ratio | 0.13 X | ||||
| Book Value Per Share | (1.69) X | ||||
| Cash Flow From Operations | 26.06 M | ||||
| Short Ratio | 22.09 X | ||||
| Earnings Per Share | (0.71) X | ||||
| Target Price | 0.65 | ||||
| Number Of Employees | 61 | ||||
| Beta | -471.53 | ||||
| Market Capitalization | 861 | ||||
| Total Asset | 251.13 M | ||||
| Net Asset | 251.13 M |
About Erin Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Erin Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erin Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erin Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Erin Energy Corporation, an independent exploration and production company, engages in the acquisition and development of energy resources in Africa. On July 13, 2018, the voluntary petition of Erin Energy Corporation for reorganization under Chapter 11 was converted to Chapter 7. ERIN ENERGY operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 61 people.
Pair Trading with Erin Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Erin Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Erin Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Erin Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erin Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Erin Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Erin Energy Corp to buy it.
The correlation of Erin Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Erin Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erin Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Erin Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Erin Pink Sheet
If you are still planning to invest in Erin Energy Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Erin Energy's history and understand the potential risks before investing.
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