ERINQ (Erin Energy) Construction In Progress: $0.0 Mil (As of Dec. 2017)


What is Erin Energy Construction In Progress?

Erin Energy ERINQ -99.00% Construction In Progress is $0.0 Mil as of Dec. 2017.

Erin Energy's quarterly construction in progress increased from Jun. 2017 ($44.2 Mil) to Sep. 2017 ($82.0 Mil) but then declined from Sep. 2017 ($82.0 Mil) to Dec. 2017 ($0.0 Mil).

Erin Energy's annual construction in progress declined from Dec. 2015 ($65.0 Mil) to Dec. 2016 ($0.0 Mil) but then stayed the same from Dec. 2016 ($0.0 Mil) to Dec. 2017 ($0.0 Mil).

Erin Energy Construction In Progress Historical Data

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The historical data trend for Erin Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Erin Energy Construction In Progress Chart

Erin Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.63 261.35 65.04 0.00 0.00

Erin Energy Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 34.84 44.23 81.95 0.00

Erin Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0.0 Mil mean?
Erin Energy (ERINQ) has a Construction In Progress of $0.0 Mil as of Dec. 2017. Construction in Progress records the amount of construction work that is not complete. View historical data on Erin Energy and its competitors.
Is Erin Energy's Construction In Progress too high?
Erin Energy's current Construction In Progress is $0.0 Mil.
How does Erin Energy's Construction In Progress compare to FPPP and UNGS?
Erin Energy's Construction In Progress of $0.0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Erin Energy and its competitors. Erin Energy's current Construction In Progress is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erin Energy stock overvalued right now?
Erin Energy (ERINQ) has a current Construction In Progress of $0.0 Mil. The current Construction In Progress is $0.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Erin Energy (ERINQ), the current Construction In Progress is $0.0 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Erin Energy Business Description

Industry EnergyOil & Gas
Address 1330 Post Oak Boulevard, Suite 2250, Houston, TX, USA, 77056
Erin Energy Corp is an independent oil and gas exploration and production company with a focus on finding and producing oil in sub-Saharan Africa.