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Warren Resources (Warren Resources) E10 : $-1.15 (As of Dec. 2015)


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What is Warren Resources E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Warren Resources's adjusted earnings per share data for the three months ended in Dec. 2015 was $-2.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.15 for the trailing ten years ended in Dec. 2015.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-05-16), Warren Resources's current stock price is $0.0066. Warren Resources's E10 for the quarter that ended in Dec. 2015 was $-1.15. Warren Resources's Shiller PE Ratio of today is .


Warren Resources E10 Historical Data

The historical data trend for Warren Resources's E10 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.

* Premium members only.

Warren Resources E10 Chart

Warren Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 -0.58 -0.47 -0.35 -1.15

Warren Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
E10 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 -0.35 -0.48 -0.59 -0.83 -1.15

Competitive Comparison of Warren Resources's E10

For the Oil & Gas E&P subindustry, Warren Resources's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Warren Resources's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Warren Resources's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Warren Resources's Shiller PE Ratio falls into.



Warren Resources E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Warren Resources's adjusted earnings per share data for the three months ended in Dec. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=-2.94/99.7924*99.7924
=-2.940

Current CPI (Dec. 2015) = 99.7924.

Warren Resources Quarterly Data

per share eps CPI Adj_EPS
200603 0.010 84.298 0.012
200606 0.040 85.606 0.047
200609 0.040 85.606 0.047
200612 0.000 85.142 0.000
200703 0.030 86.640 0.035
200706 0.050 87.906 0.057
200709 0.050 87.964 0.057
200712 0.070 88.616 0.079
200803 0.160 90.090 0.177
200806 0.300 92.320 0.324
200809 0.270 92.307 0.292
200812 -4.910 88.697 -5.524
200903 -0.110 89.744 -0.122
200906 -0.160 91.003 -0.175
200909 0.040 91.120 0.044
200912 0.000 91.111 0.000
201003 0.100 91.821 0.109
201006 0.120 91.962 0.130
201009 0.060 92.162 0.065
201012 0.000 92.474 0.000
201103 -0.010 94.283 -0.011
201106 0.130 95.235 0.136
201109 0.140 95.727 0.146
201112 0.040 95.213 0.042
201203 0.050 96.783 0.052
201206 0.070 96.819 0.072
201209 0.030 97.633 0.031
201212 0.060 96.871 0.062
201303 0.040 98.209 0.041
201306 0.130 98.518 0.132
201309 0.200 98.790 0.202
201312 0.050 98.326 0.051
201403 0.110 99.695 0.110
201406 0.150 100.560 0.149
201409 0.050 100.428 0.050
201412 0.010 99.070 0.010
201503 -1.260 99.621 -1.262
201506 -1.050 100.684 -1.041
201509 -2.290 100.392 -2.276
201512 -2.940 99.792 -2.940

Add all the adjusted EPS together and divide 10 will get our e10.


Warren Resources  (OTCPK:WRESQ) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Warren Resources E10 Related Terms

Thank you for viewing the detailed overview of Warren Resources's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Warren Resources (Warren Resources) Business Description

Traded in Other Exchanges
N/A
Address
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 primarily 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, 2013, the company owned natural gas and oil leasehold interests in approximately 123,943 gross (93,350 net) acres, approximately 80% of which are undeveloped. The Washakie Basin is located in the southeast portion of the Greater Green River Basin in southwestern Wyoming and represents its largest acreage position. As of December 31, 2013, the company owned 113,227 gross (87,683 net) acres prospective for CBM development in this area, of which 69,221 net acres were undeveloped. Warren owns certain deep rights below a portion of the Atlantic Rim CBM Project, which include an approximate 71,000 net acre position that is potentially prospective for hydrocarbon production from the Niobrara Shale and other deep formations. The Company sells its oil and natural gas production to various purchasers in the areas where the oil and natural gas is produced. Its drilling, completion, production, re-entry and land operations are conducted, managed and supervised for the company through Warren E&P, Inc., its wholly owned subsidiary. The Companys 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.
Executives
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
James A Watt officer: President & C.E.O. 410 17TH STREET, SUITE 1400, DENVER CO 80202
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
James M Mcconnell director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Anthony L Coelho director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711

Warren Resources (Warren Resources) Headlines