ERINQ (Erin Energy) Ending Cash Position: $22.1 Mil (As of Dec. 2017)

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What is Erin Energy Ending Cash Position?

Erin Energy ERINQ -99.00% Ending Cash Position is $22.1 Mil as of Dec. 2017.

Erin Energy's Ending Cash Position for the quarter that ended in Dec. 2017 was $22.1 Mil.

Erin Energy's quarterly Ending Cash Position increased from Jun. 2017 ($10.7 Mil) to Sep. 2017 ($18.1 Mil) and increased from Sep. 2017 ($18.1 Mil) to Dec. 2017 ($22.1 Mil).

Erin Energy's annual Ending Cash Position declined from Dec. 2015 ($8.4 Mil) to Dec. 2016 ($7.2 Mil) but then increased from Dec. 2016 ($7.2 Mil) to Dec. 2017 ($22.1 Mil).

Erin Energy Ending Cash Position Related Terms

Erin Energy Ending Cash Position Historical Data

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The historical data trend for Erin Energy's Ending Cash Position 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 Ending Cash Position Chart

Erin Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 25.14 8.36 7.18 22.13

Erin Energy Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Ending Cash Position 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 7.18 8.54 10.65 18.13 22.13

Erin Energy Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Erin Energy's Ending Cash Position for the fiscal year that ended in Dec. 2017 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=7.177+14.957
=22.1

Erin Energy's Ending Cash Position for the quarter that ended in Dec. 2017 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=18.132+4.002
=22.1

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $22.1 Mil mean?
Erin Energy (ERINQ) has a Ending Cash Position of $22.1 Mil as of Dec. 2017. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Erin Energy and its competitors.
Is Erin Energy's Ending Cash Position too high?
Erin Energy's current Ending Cash Position is $22.1 Mil.
How does Erin Energy's Ending Cash Position compare to FPPP and UNGS?
Erin Energy's Ending Cash Position of $22.1 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 Ending Cash Position for an Oil & Gas company?
A good Ending Cash Position depends on the Oil & Gas industry context. However, Ending Cash Position 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Erin Energy and its competitors. Erin Energy's current Ending Cash Position is $22.1 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 Ending Cash Position of $22.1 Mil. The current Ending Cash Position is $22.1 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Erin Energy (ERINQ), the current Ending Cash Position is $22.1 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.