Erin Energy Corp (NYSE:ERN) Getting Somewhat Positive Press Coverage, Report Shows
Press coverage about Erin Energy Corp (NYSE:ERN) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Erin Energy Corp earned a news impact score of 0.12 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.1918842068401 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Erin Energy Corp (NYSE ERN) traded down 2.04% during trading on Friday, hitting $2.40. The company had a trading volume of 36,574 shares. The stock’s market capitalization is $512.55 million. Erin Energy Corp has a 12-month low of $1.15 and a 12-month high of $4.10. The stock has a 50-day moving average of $1.68 and a 200 day moving average of $2.28.
Erin Energy Corp (NYSE:ERN) last issued its earnings results on Wednesday, May 10th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $31.28 million during the quarter. On average, analysts predict 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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