Warren Resources

    OverviewSuggest Edit

    Warren Resources is a company engaged in the acquisition, exploration, development, and production of domestic onshore crude oil and gas reserves. The company focusses its efforts primarily on the development of its waterflood oil recovery properties in the Wilmington field within the Los Angeles Basin of California, its position in the Marcellus Shale in northeastern Pennsylvania and its coalbed methane, or CBM, natural gas properties located in the Washakie Basin in southwestern Wyoming. 

    TypePrivate
    Founded1990
    HQDallas, US
    Websitewarrenresources.com
    Employee Ratings4.3

    Locations

    Warren Resources is headquartered in
    Dallas, United States

    Location Map

    Latest Updates

    Employees (est.) (Oct 2020)29(-3%)
    Revenue (FY, 2015)$88.4 M(-41%)
    Cybersecurity ratingBMore

    Key People/Management at Warren Resources

    Frank T. Smith

    Frank T. Smith

    Senior Vice President and Chief Financial Officer
    James A. Watt

    James A. Watt

    Chief Executive Officer & Chairman
    Greg Fox

    Greg Fox

    Senior Vice President of Operations and Reservoir Engineering
    Show more

    Warren Resources Office Locations

    Warren Resources has offices in Dallas and Long Beach
    Dallas, US (HQ)
    5420 Lyndon B Johnson Fwy #600
    Long Beach, US
    400 Oceangate #200
    Show all (2)

    Warren Resources Financials and Metrics

    Summary Metrics

    Founding Date

    1990
    Show all financial metrics

    Warren Resources Revenue

    Warren Resources's revenue was reported to be $88.37 m in FY, 2015 which is a 41.4% decrease from the previous period.
    USD

    Revenue growth (FY, 2015 - FY, 2016), %

    (79.8%)

    Cash (31-Dec-2016)

    5.6m
    Annual
    USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

    Revenue

    103.4m121.8m128.8m150.7m88.4m

    Revenue growth, %

    (41%)

    General and administrative expense

    14.8m19.8m15.4m15.3m17.7m

    R&D expense

    311.0k1.1m
    Quarterly
    USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

    Revenue

    26.9m26.0m28.4m30.2m31.4m30.8m30.7m34.7m34.2m35.0m40.5m25.8m26.2m20.8m12.3m14.7m16.0m

    General and administrative expense

    3.6m3.7m4.3m6.2m4.4m4.3m3.9m3.1m4.0m3.9m2.9m5.0m3.8m4.0m5.0m2.5m1.4m

    Operating expense total

    3.6m3.7m4.3m6.2m4.4m4.3m3.9m3.1m4.0m3.9m2.9m5.0m3.8m4.0m5.0m2.5m1.4m

    Depreciation and amortization

    11.0m10.4m10.5m15.8m17.2m19.2m18.3m5.2m
    Annual
    USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

    Cash

    10.6m8.5m11.6m1.7m26.8m5.6m

    Accounts Receivable

    13.7m18.1m21.9m20.0m9.9m

    Prepaid Expenses

    948.0k1.1m1.9m1.2m5.4m

    Current Assets

    25.7m27.8m35.5m27.1m54.6m21.6m
    Annual
    USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    21.6m15.5m30.4m24.0m(620.0m)(167.1m)

    Depreciation and Amortization

    30.5m47.2m44.8m56.5m

    Accounts Payable

    3.6m6.6m5.9m10.6m(8.3m)

    Cash From Operating Activities

    46.8m66.8m79.4m84.0m3.6m(7.4m)
    Quarterly
    USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

    Net Income

    8.5m18.6m3.8m9.1m11.5m2.8m12.0m26.7m8.2m19.0m22.7m(102.3m)(187.5m)(373.6m)(76.3m)(131.0m)(150.5m)

    Depreciation and Amortization

    13.0m20.6m10.1m21.3m34.6m11.6m23.4m34.4m10.4m20.9m36.7m15.6m

    Accounts Payable

    2.7m2.7m692.0k2.7m7.2m2.1m1.7m2.7m(8.8m)(7.0m)5.5m(4.0m)(12.9m)(13.0m)(4.1m)861.0k12.2m

    Cash From Operating Activities

    20.0m32.2m12.9m32.2m52.6m16.0m32.4m58.1m15.5m39.4m58.4m6.0m13.0m6.3m(8.0m)(13.8m)(18.2m)
    USDQ2, 2011

    Financial Leverage

    1.7 x
    Show all financial metrics

    Warren Resources Cybersecurity Score

    Cybersecurity ratingPremium dataset

    B

    80/100

    SecurityScorecard logo

    Warren Resources Online and Social Media Presence

    Embed Graph

    Warren Resources Frequently Asked Questions

    • When was Warren Resources founded?

      Warren Resources was founded in 1990.

    • Who are Warren Resources key executives?

      Warren Resources's key executives are Frank T. Smith, James A. Watt and Greg Fox.

    • How many employees does Warren Resources have?

      Warren Resources has 29 employees.

    • Who are Warren Resources competitors?

      Competitors of Warren Resources include Lithium Exploration Group, ERHC Energy and Saratoga Resources.

    • Where is Warren Resources headquarters?

      Warren Resources headquarters is located at 5420 Lyndon B Johnson Fwy #600, Dallas.

    • Where are Warren Resources offices?

      Warren Resources has offices in Dallas and Long Beach.

    • How many offices does Warren Resources have?

      Warren Resources has 2 offices.