Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
2.75 (1y: +10%)
Market Cap 197.47 M P/E(ttm) 14.20
Enterprise Value 279.47 M P/B 1.00
WRES- NAS (USA)
Warren Resources, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$2.75
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.084
WRES's Cash to Debt is ranked higher than
71% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.16 vs. WRES: 0.084 )
WRES' s 10-Year Cash to Debt Range
Min: 0.08   Max: No Debt
Current: 0.08
Equity to Asset 0.547
WRES's Equity to Asset is ranked higher than
75% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.52 vs. WRES: 0.547 )
WRES' s 10-Year Equity to Asset Range
Min: -0.18   Max: 0.9
Current: 0.55
-0.18
0.9
Interest Coverage 6.7
WRES's Interest Coverage is ranked higher than
81% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.40 vs. WRES: 6.7 )
WRES' s 10-Year Interest Coverage Range
Min: 1   Max: No Debt
Current: 6.7
F-Score: 7
Z-Score: 0.1
M-Score: -2.48
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 17.80
WRES's Operating margin (%) is ranked higher than
86% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. WRES: 17.80 )
WRES' s 10-Year Operating margin (%) Range
Min: -219.8   Max: 26.5
Current: 17.8
-219.8
26.5
Net-margin (%) 12.7
WRES's Net-margin (%) is ranked higher than
87% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. WRES: 12.7 )
WRES' s 10-Year Net-margin (%) Range
Min: -223.6   Max: 23.1
Current: 12.7
-223.6
23.1
ROE (%) 8
WRES's ROE (%) is ranked higher than
88% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. WRES: 8 )
WRES' s 10-Year ROE (%) Range
Min: -215.6   Max: 13.5
Current: 8
-215.6
13.5
ROA (%) 4.4
WRES's ROA (%) is ranked higher than
88% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. WRES: 4.4 )
WRES' s 10-Year ROA (%) Range
Min: -84.3   Max: 7.5
Current: 4.4
-84.3
7.5
ROC (Joel Greenblatt) (%) 7.00
WRES's ROC (Joel Greenblatt) (%) is ranked higher than
87% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. WRES: 7.00 )
WRES' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -117.4   Max: 10.9
Current: 7
-117.4
10.9
Revenue Growth (%) 12.6
WRES's Revenue Growth (%) is ranked higher than
89% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. WRES: 12.6 )
WRES' s 10-Year Revenue Growth (%) Range
Min: -23.9   Max: 16.2
Current: 12.6
-23.9
16.2
EBITDA Growth (%) 25.3
WRES's EBITDA Growth (%) is ranked higher than
93% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. WRES: 25.3 )
WRES' s 10-Year EBITDA Growth (%) Range
Min: -49.2   Max: 115.6
Current: 25.3
-49.2
115.6
ยป WRES's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

WRES Guru Trades in Q2 2012

NWQ Managers Sold Out
Chuck Royce 304,000 sh (-2.41%)
Jim Simons 135,600 sh (-11.83%)
» More
Q3 2012

WRES Guru Trades in Q3 2012

Chuck Royce 304,000 sh (unchged)
Jim Simons Sold Out
» More
Q4 2012

WRES Guru Trades in Q4 2012

Chuck Royce 304,000 sh (unchged)
» More
Q1 2013

WRES Guru Trades in Q1 2013

Jim Simons 450,612 sh (New)
Steven Cohen 47,777 sh (New)
Chuck Royce 321,100 sh (+5.63%)
» More
» Details

Insider Trades

Latest Guru Trades with WRES

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2011-12-31 Sold Out 0.0011%$2.13 - $3.37 $ 2.75-6%0
George Soros 2011-09-30 Reduce -38.77%$2.52 - $4.43 $ 2.75-21%25900
George Soros 2011-06-30 New Buy$3.4 - $5.13 $ 2.75-32%42300
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 14.20
WRES's P/E(ttm) is ranked higher than
77% of the 409 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 17.00 vs. WRES: 14.20 )
WRES' s 10-Year P/E(ttm) Range
Min: 3.61   Max: 1478
Current: 14.2
3.61
1478
P/B 1.00
WRES's P/B is ranked higher than
79% of the 745 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.34 vs. WRES: 1.00 )
WRES' s 10-Year P/B Range
Min: 0.29   Max: 5.27
Current: 1
0.29
5.27
P/S 1.60
WRES's P/S is ranked higher than
86% of the 800 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.15 vs. WRES: 1.60 )
WRES' s 10-Year P/S Range
Min: 0.32   Max: 19.45
Current: 1.6
0.32
19.45
PFCF 4.10
WRES's PFCF is ranked higher than
92% of the 249 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 15.40 vs. WRES: 4.10 )
WRES' s 10-Year PFCF Range
Min: 3.84   Max: 51.14
Current: 4.1
3.84
51.14
EV-to-EBIT 13.2
WRES's EV-to-EBIT is ranked higher than
76% of the 398 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 14.51 vs. WRES: 13.2 )
WRES' s 10-Year EV-to-EBIT Range
Min: 4.8   Max: 695.7
Current: 13.2
4.8
695.7
PEG 2.8
WRES's PEG is ranked higher than
67% of the 146 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.81 vs. WRES: 2.8 )
WRES' s 10-Year PEG Range
Min: 0.24   Max: 2.8
Current: 2.8
0.24
2.8

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 17.2
WRES's Price/Net Current Asset Value is ranked higher than
82% of the 570 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 25.70 vs. WRES: 17.2 )
WRES' s 10-Year Price/Net Current Asset Value Range
Min: 17.6   Max: 176.6
Current: 17.2
17.6
176.6
Price/Tangible Book 1
WRES's Price/Tangible Book is ranked higher than
81% of the 696 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.40 vs. WRES: 1 )
WRES' s 10-Year Price/Tangible Book Range
Min: 1   Max: 2.3
Current: 1
1
2.3
Price/DCF (Projected) 3.4
WRES's Price/DCF (Projected) is ranked lower than
53% of the 190 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.80 vs. WRES: 3.4 )
WRES' s 10-Year Price/DCF (Projected) Range
Min: 0   Max: 0
Current: 3.4
Price/Median PS Value 0.5
WRES's Price/Median PS Value is ranked higher than
90% of the 662 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.90 vs. WRES: 0.5 )
WRES' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 4.6
Current: 0.5
0.3
4.6
Price/Peter Lynch Fair Value 2.1
WRES's Price/Peter Lynch Fair Value is ranked higher than
62% of the 76 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.90 vs. WRES: 2.1 )
WRES' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.6   Max: 2.4
Current: 2.1
0.6
2.4
Price/Graham Number 0.8
WRES's Price/Graham Number is ranked higher than
84% of the 373 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.10 vs. WRES: 0.8 )
WRES' s 10-Year Price/Graham Number Range
Min: 0.8   Max: 7.8
Current: 0.8
0.8
7.8
Earnings Yield (Greenblatt) 7.60
WRES's Earnings Yield (Greenblatt) is ranked higher than
88% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.60 vs. WRES: 7.60 )
WRES' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 20.9
Current: 7.6
0.1
20.9
Forward Rate of Return (Yacktman) -1.23
WRES's Forward Rate of Return (Yacktman) is ranked higher than
68% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. WRES: -1.23 )
WRES' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -64.8   Max: 21.8
Current: -1.23
-64.8
21.8

Business Description

Warren Resources, Inc. was incorporated on June 12, 1990 as a Delaware corporation. The company is an independent energy company engaged in the exploration, development and production of domestic onshore crude oil and gas reserves. The company focuses on the exploration and development of its waterflood oil recovery properties in the Wilmington field within the Los Angeles Basin of California, and its coalbed methane, or CBM, natural gas properties located in the Rocky Mountain region. As of December 31, 2011, the company owned natural gas and oil leasehold interests in approximately 129,588 gross (69,641 net) acres, approximately 80% of which are undeveloped. Substantially all its undeveloped acreage is located in the Rocky Mountains. The company has identified approximately 200 gross drilling locations in its Wilmington field units. Additionally, it has identified approximately 300 gross drilling locations on its acreage in the Rocky Mountains, primarily on 80-acre well spacing. As of December 31, 2011, the company had estimated net proved reserves of 22.3 MMBoe, with a PV-10 value of $526 million, based on a reserve report prepared by Netherland, Sewell & Associates, Inc. As of December 31, 2011, it had interests in 414 gross (206 net) producing wells and are the operator of record or actively participate in the management and operations for 74% of these wells. Through company's joint venture agreements, the company actively participate in operating activities for most of the wells for which the company is not operator of record. For the month of December 2011, its average daily production was 13.7 thousand barrels of oil equivalent per day ("MBoe/d") gross (5.0 MBoe/d net). For 2012, the company has a total capital expenditure budget of approximately $79 million. Its Wilmington Townlot Unit ("WTU") is located in the Wilmington field within the Los Angeles Basin of California. The Wilmington field has produced over 2.5 billion barrels of oil since its discovery in the 1930s. During December 2011, the company averaged 2,830 barrels of oil per day ("Bbls/d") gross, (2,292 Bbls/d net) production in the Wilmington Townlot Unit. The company has produced 385 Bbls/d gross, (326 Bbls/d net) from its North Wilmington Unit. Its operations are subject to a wide variety of stringent federal, state and local laws and regulations governing the exploration and production of oil and natural gas, including discharge of materials into the environment or otherwise relating to environmental protection.
Company Website
SEC Reports
Industry: Oil & Gas E&P
Compare:OJSCY, APC, APA, HRTPY, SGTZY
ยป More Articles for WRES

Headlines

Articles On GuruFocus.com
Warren Resources Inc. Reports Operating Results (10-Q) Nov 03 2010 
Warren Resources Inc. Reports Operating Results (10-Q) May 05 2010 
Warren Resources Inc. Reports Operating Results (10-Q) Nov 04 2009 
Warren Resources Inc. Reports Operating Results (10-Q) Aug 05 2009 
Warren Resources Inc. Reports Operating Results (10-Q) May 06 2009 
Warren Resources Inc. (WRES) CEO Norman F Swanton buys 100,000 Shares Mar 09 2009 

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK