ERINQ (Erin Energy) Marketable Securities: $0.0 Mil (As of Dec. 2017)

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What is Erin Energy Marketable Securities?

Erin Energy ERINQ -99.00% Marketable Securities is $0.0 Mil as of Dec. 2017.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Erin Energy's Marketable Securities for the quarter that ended in Dec. 2017 was $0.0 Mil.

Erin Energy  (OTCPK:ERINQ) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Erin Energy Marketable Securities Related Terms

Erin Energy Marketable Securities Historical Data

* Premium members only.

The historical data trend for Erin Energy's Marketable Securities 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 Marketable Securities Chart

Erin Energy Annual Data
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Marketable Securities
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Erin Energy Quarterly Data
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Marketable Securities 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 0.00 0.00 0.00 0.00

Erin Energy Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $0.0 Mil mean?
Erin Energy (ERINQ) has a Marketable Securities of $0.0 Mil as of Dec. 2017. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Erin Energy and its competitors.
Is Erin Energy's Marketable Securities too high?
Erin Energy's current Marketable Securities is $0.0 Mil.
How does Erin Energy's Marketable Securities compare to FPPP and UNGS?
Erin Energy's Marketable Securities 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 Marketable Securities for an Oil & Gas company?
A good Marketable Securities depends on the Oil & Gas industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Erin Energy and its competitors. Erin Energy's current Marketable Securities 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 Marketable Securities of $0.0 Mil. The current Marketable Securities is $0.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Erin Energy (ERINQ), the current Marketable Securities 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.