OverviewSuggest Edit

Erin Energy Corporation is an independent oil and gas exploration and production company focused on energy resources in Africa. The Company's strategy is to acquire and develop high-potential exploration and production assets in Africa, and to explore and develop those assets through strategic partnerships with national oil companies, indigenous local partners and other independent oil companies. Erin Energy Corporation seeks to build and operate a strategic portfolio of high-impact exploration and near-term development projects with significant production, reserves and resources growth potential.

TypePublic
Founded1979
HQHouston, US
Websiteerinenergy.com

Locations

Erin Energy is headquartered in
Houston, United States

Location Map

Latest Updates

Employees (est.) (Sept 2017)74
Revenue (FY, 2017)$101.2 M(+31%)
Share Price (Oct 2020)$0
Cybersecurity ratingAMore

Key People/Management at Erin Energy

Femi Ayoade

Femi Ayoade

CEO
Heidi Wong

Heidi Wong

Senior Vice President, Corporate Services
Carl Scharpf

Carl Scharpf

Vice President, Geosciences and Exploration
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Erin Energy Office Locations

Erin Energy has an office in Houston
Houston, US (HQ)
1330 Post Oak Blvd
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Erin Energy Financials and Metrics

Erin Energy Revenue

Erin Energy's revenue was reported to be $101.17 m in FY, 2017
USD

Revenue (FY, 2017)

101.2m

Net income (FY, 2017)

(151.9m)

EBIT (FY, 2017)

(130.5m)

Market capitalization (16-Oct-2020)

215.0k

Closing stock price (16-Oct-2020)

0.0

Cash (31-Dec-2017)

22.1m

EV

117.6m
Erin Energy's current market capitalization is $215 k.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

38.9m16.6m7.9m53.8m68.4m77.8m101.2m

General and administrative expense

15.0m11.0m14.5m14.3m15.9m13.8m11.1m

R&D expense

3.4m3.2m5.5m14.3m16.4m39.3m4.6m

Operating expense total

18.4m14.2m20.0m28.6m32.3m53.0m15.6m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

24.9m12.6m5.7m7.9m2.5m1.9m19.9m14.9m19.0m28.7m4.9m23.2m28.6m31.3m14.6m33.6m

General and administrative expense

4.2m3.3m2.8m3.2m3.4m3.7m3.4m10.5m4.4m4.3m3.4m3.5m5.4m3.9m4.0m3.4m3.6m3.4m3.3m2.4m

R&D expense

250.0k2.4m622.0k710.0k1.0m1.2m1.9m2.3m427.0k1.1m6.5m1.5m5.3m2.1m1.2m1.7m1.6m802.0k1.3m

Operating expense total

4.4m5.8m3.4m3.9m4.4m4.9m5.3m18.8m6.7m4.8m4.6m10.0m6.9m9.1m6.0m4.6m5.3m5.0m4.1m3.7m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

13.6m3.8m163.0k25.1m8.4m7.2m22.1m

Accounts Receivable

22.1m6.1m1.1m

Prepaid Expenses

1.7m1.0m857.0k2.9m2.2m872.0k2.5m

Current Assets

37.4m10.9m2.1m31.8m26.6m22.7m51.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

11.2m18.9m8.5m3.4m5.7m2.3m2.0m435.0k36.2m39.7m54.3m7.7m1.0m4.2m698.0k8.8m8.3m8.5m10.7m18.1m

Accounts Receivable

28.2m12.6m11.4m11.4m6.0m6.5m5.4m8.7m4.2m144.0k1.1m

Prepaid Expenses

1.6m1.2m1.8m1.8m1.4m974.0k936.0k899.0k7.0m11.4m8.5m3.8m3.5m1.8m5.2m1.4m1.1m2.5m4.6m2.5m

Inventories

19.0k8.2m14.4m
USDQ2, 2011

Financial Leverage

1.3 x
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Erin Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Erin Energy Online and Social Media Presence

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Erin Energy Frequently Asked Questions

  • When was Erin Energy founded?

    Erin Energy was founded in 1979.

  • Who are Erin Energy key executives?

    Erin Energy's key executives are Femi Ayoade, Heidi Wong and Carl Scharpf.

  • How many employees does Erin Energy have?

    Erin Energy has 74 employees.

  • What is Erin Energy revenue?

    Latest Erin Energy annual revenue is $101.2 m.

  • What is Erin Energy revenue per employee?

    Latest Erin Energy revenue per employee is $1.4 m.

  • Who are Erin Energy competitors?

    Competitors of Erin Energy include GulfSlope Energy, ERHC Energy and Petro River Oil.

  • Where is Erin Energy headquarters?

    Erin Energy headquarters is located at 1330 Post Oak Blvd, Houston.

  • Where are Erin Energy offices?

    Erin Energy has an office in Houston.

  • How many offices does Erin Energy have?

    Erin Energy has 1 office.