Media coverage about Erin Energy Corp (NYSE:ERN) has been trending positive recently, according to Alpha One Sentiment. The research group, a service of Accern, identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Erin Energy Corp earned a news sentiment score of 0.26 on Alpha One’s scale. Alpha One also gave news articles about the company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the near future.
Shares of Erin Energy Corp (ERN) opened at 1.60 on Friday. Erin Energy Corp has a 1-year low of $1.50 and a 1-year high of $4.10. The stock has a 50 day moving average of $1.79 and a 200-day moving average of $2.58. The firm’s market cap is $340.93 million.
Erin Energy Corp (NYSE:ERN) last released its quarterly earnings results on Wednesday, May 10th. The company reported ($0.12) EPS for the quarter. The company had revenue of $31.28 million for the quarter. Equities analysts anticipate that Erin Energy Corp will post ($0.52) EPS for the current fiscal year.
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About Erin Energy Corp
Erin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company’s asset portfolio consisted of seven licenses across four countries covering an area of approximately five million acres (approximately 19,000 square kilometers).
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