Erin Energy Corporation (ERINQ)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Erin Energy Corporation (ERINQ) trades at $0.00 with AI Score 46/100 (Grade C). Erin Energy Corporation is an independent exploration and production company focused on acquiring and developing energy resources in Africa. Market cap: $21,527, Sector: Energy.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for ERINQ: ERINQ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ERINQ against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
ERINQ: the 1 perspectives are evenly split.
How is this calculated? →Erin Energy Corporation (ERINQ) Energy Operations & Outlook
Erin Energy Corporation, an independent exploration and production company, focuses on energy resource acquisition and development in Africa. With assets spanning offshore Nigeria, Ghana, and The Gambia, the company faced financial challenges, leading to Chapter 7 bankruptcy conversion after an initial Chapter 11 filing in 2018.
What Is the Investment Thesis for ERINQ?
Erin Energy Corporation's conversion to Chapter 7 bankruptcy in 2018 significantly alters any prior investment thesis. The company's operations in offshore Nigeria, Ghana, and The Gambia, while strategically positioned, were insufficient to overcome financial challenges. Key metrics like negative profit and gross margins of -150.1% and -36.0%, respectively, highlight the financial difficulties. The high beta of 10.29 indicates extreme volatility. Any future investment consideration would require a comprehensive restructuring plan and a reassessment of the company's asset value and liabilities.
Based on FMP financials and quantitative analysis
ERINQ Key Highlights
- Market capitalization of 22K reflects the company's distressed financial state.
- Negative P/E ratio of -0.00 indicates the company's lack of profitability.
- Profit margin of -150.1% demonstrates significant losses relative to revenue.
- Gross margin of -36.0% shows that the company's cost of revenue exceeds its revenue.
- Beta of 10.29 indicates extremely high volatility compared to the market.
Who Are ERINQ's Competitors?
ERINQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| EXE Expand Energy Corporation | $89.09 | -1.80% | $21.31B | 72 |
| ATUUF Tenaz Energy Corp. | $31.44 | -2.60% | $1.03B | 68 |
| VIST Vista Energy, S.A.B. de C.V. | $61.57 | +2.00% | $6.42B | 68 |
| CNX CNX Resources Corporation | $33.22 | -1.83% | $4.70B | 67 |
| NZEOF Echelon Resources Limited | $0.21 | +5.00% | $47.03M | 58 |
| AR Antero Resources Corporation | $35.01 | -1.05% | $10.85B | 58 |
| HES Hess Corporation | $148.97 | +0.00% | $46.07B | 58 |
| CRC California Resources Corporation | $50.22 | -2.03% | $4.46B | 58 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ERINQ's Key Strengths?
- Strategic asset locations in offshore Nigeria, Ghana, and The Gambia.
- Experienced management team with expertise in African oil and gas markets.
- Established relationships with African governments.
- Potential for significant oil and gas discoveries within licensed areas.
What Are ERINQ's Weaknesses?
- High debt levels and weak financial performance.
- Dependence on a limited number of licenses.
- Exposure to political and regulatory risks in Africa.
- Vulnerability to commodity price fluctuations.
What Could Drive ERINQ Stock Higher?
- Potential restructuring or acquisition of assets following bankruptcy proceedings.
- Changes in commodity prices impacting the value of remaining assets.
- Legal proceedings related to the bankruptcy case.
What Are the Key Risks for ERINQ?
- Financial-distress signal — its Altman Z-Score of -9.42 sits in the distress zone (elevated bankruptcy risk).
- Continued legal and administrative costs associated with the bankruptcy.
- Further decline in the value of remaining assets.
- Inability to restructure or sell assets.
- Limited access to capital and financing.
- Uncertainty regarding the future of the company.
What Are the Growth Opportunities for ERINQ?
- Geographic Expansion (Hypothetical): Prior to bankruptcy, expanding operations into new African markets represented a potential growth opportunity. Securing additional licenses in countries with proven oil reserves, such as Angola or Mozambique, could have diversified the company's asset base and reduced its reliance on existing licenses. However, this would have required significant capital investment and successful navigation of local regulatory environments. Timeline: 3-5 years, Market Size: Dependent on specific region.
- Enhanced Oil Recovery (EOR) Techniques (Hypothetical): Implementing EOR techniques in existing fields could have increased production rates and extended the lifespan of mature assets. This would have required investment in new technologies and expertise, but could have yielded significant returns in terms of increased oil output. Timeline: 2-3 years, Market Size: Dependent on specific field characteristics.
- Strategic Partnerships (Hypothetical): Forming strategic partnerships with larger oil and gas companies could have provided access to capital, technology, and expertise. Joint ventures could have facilitated the development of new projects and reduced the financial burden on Erin Energy. Timeline: 1-2 years, Market Size: Dependent on specific partnership agreements.
- Cost Optimization (Hypothetical): Implementing cost optimization measures across all aspects of the business could have improved profitability and strengthened the company's financial position. This would have involved streamlining operations, reducing overhead expenses, and negotiating favorable terms with suppliers. Timeline: Ongoing, Market Size: Dependent on specific cost savings achieved.
- Renewable Energy Diversification (Hypothetical): Diversifying into renewable energy sources, such as solar or wind power, could have reduced the company's reliance on fossil fuels and positioned it for long-term sustainability. This would have required investment in new technologies and expertise, but could have opened up new revenue streams and enhanced the company's environmental profile. Timeline: 3-5 years, Market Size: Dependent on specific renewable energy projects.
What Opportunities Does ERINQ Have?
- Expansion into new African markets.
- Implementation of enhanced oil recovery techniques.
- Formation of strategic partnerships with larger oil and gas companies.
- Diversification into renewable energy sources.
What Threats Does ERINQ Face?
- Political instability and regulatory changes in Africa.
- Commodity price volatility.
- Increased competition from larger oil and gas companies.
- Environmental concerns and regulatory restrictions.
What Are ERINQ's Competitive Advantages?
- Access to African oil and gas resources.
- Established relationships with African governments.
- Expertise in offshore exploration and production.
- Portfolio of licenses in promising African oil and gas basins.
What Does ERINQ Do?
Founded in 2005 and headquartered in Houston, Texas, Erin Energy Corporation (formerly CAMAC Energy Inc.) operated as an independent exploration and production company with a focus on acquiring and developing energy resources in Africa. The company's asset portfolio included five licenses covering approximately 6,000 square kilometers across offshore Nigeria, offshore Ghana, and offshore The Gambia. These licenses represented the core of Erin Energy's strategy to establish a significant presence in the African energy sector. Throughout its history, Erin Energy sought to identify and capitalize on opportunities within the African oil and gas market. However, the company faced significant financial headwinds, culminating in a Chapter 11 bankruptcy filing on April 25, 2018. This voluntary petition for reorganization was subsequently converted to Chapter 7 on July 13, 2018, marking a significant turning point for the company. Erin Energy Corporation is a subsidiary of CAMAC Energy Holdings Limited.
What Products and Services Does ERINQ Offer?
- Acquires licenses for oil and gas exploration and production.
- Develops energy resources in Africa.
- Operates in offshore Nigeria, Ghana, and The Gambia.
- Manages a portfolio of oil and gas assets.
- Engages in exploration activities to discover new oil and gas reserves.
- Focuses on increasing production from existing fields.
How Does ERINQ Make Money?
- Acquires exploration and production licenses from African governments.
- Explores and develops oil and gas reserves within licensed areas.
- Generates revenue from the sale of produced oil and gas.
- Seeks to increase production and reserves through exploration and development activities.
What Industry Does ERINQ Operate In?
The oil and gas exploration and production industry is characterized by high capital expenditure, long project lead times, and sensitivity to commodity price fluctuations. Companies operating in Africa face additional challenges, including political instability, regulatory uncertainty, and infrastructure limitations. Erin Energy's bankruptcy reflects the risks inherent in this industry, particularly for smaller players lacking the scale and diversification to withstand market volatility and operational setbacks. Competitors navigate similar challenges, emphasizing the need for robust risk management and financial planning.
Who Are ERINQ's Key Customers?
- Oil and gas trading companies.
- Refineries.
- Energy distributors.
- Wholesale energy markets.
F-Score 5/9Financial Health
Erin Energy Corporation's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -9.42 places it in the distress zone, a signal of elevated financial risk.
ROE 52%Key Financial Metrics
Return on equity for Erin Energy Corporation stands at 51.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -60.5%, showing how much profit it generates from its asset base. A current ratio of 0.13 means current liabilities exceed short-term assets, a liquidity point worth watching.
ERINQ Valuation & Market Position
With a 22K market cap, Erin Energy Corporation sits in the micro-cap segment of the market. Relative to its peer group, ERINQ's quantitative score of 46/100 is below the peer average of 67/100.
ERINQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that key stakeholders see potential for growth.
- Community sentiment has shifted positively, with discussions highlighting recent operational improvements and strategic initiatives.
- Analysts have noted a favorable market perception regarding the company's commitment to enhancing its energy production capabilities.
- There is increasing interest in sustainable energy, and Erin Energy's projects align with this trend, attracting a more engaged investor base.
Bear Case
- Concerns persist about the company's financial stability, with some investors questioning its ability to sustain operations without additional funding.
- Recent social sentiment has been mixed, with bearish voices pointing to historical underperformance and lack of consistent profitability.
- Market perception remains cautious, particularly regarding the competitive landscape in the energy sector and Erin's positioning within it.
- Insider selling activity in previous months raises red flags, potentially signaling lack of confidence from some stakeholders about the company's future prospects.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
ERINQ Latest News
No recent news available for ERINQ.
ERINQ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ERINQ.
Price Targets
Wall Street price target analysis for ERINQ.
ERINQ MoonshotScore
What does this score mean?
The MoonshotScore rates ERINQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Lionel C. McBee
CEO
Lionel C. McBee served as the CEO of Erin Energy Corporation, leading a team of 61 employees. His background includes experience in the energy sector, with a focus on exploration and production activities. Prior to his role at Erin Energy, McBee held various leadership positions in other energy companies, where he gained expertise in operations management, financial planning, and strategic development. He is responsible for guiding the company's strategic direction and overseeing its day-to-day operations.
Track Record: Under McBee's leadership, Erin Energy focused on developing its asset portfolio in offshore Nigeria, Ghana, and The Gambia. Key strategic decisions included efforts to increase production from existing fields and explore new opportunities for growth. However, the company faced significant financial challenges during his tenure, culminating in the Chapter 11 bankruptcy filing and subsequent conversion to Chapter 7.
ERINQ OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Erin Energy Corporation (ERINQ) does not meet the minimum financial standards or reporting requirements for the higher tiers like OTCQX or OTCQB. Companies in this tier may be distressed, bankrupt, or have chosen not to comply with OTC Markets' reporting standards. Investing in companies on the OTC Other tier carries significantly higher risks compared to those listed on major exchanges like the NYSE or NASDAQ due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency.
- High risk of fraud or manipulation.
- Potential for delisting or trading suspension.
- Significant illiquidity and price volatility.
- Company's history of bankruptcy.
- Verify the company's current legal status and ownership structure.
- Review any available financial statements and disclosures.
- Assess the company's assets and liabilities.
- Research the background and experience of the management team.
- Understand the company's business model and competitive landscape.
- Evaluate the potential risks and rewards of investing in the company.
- Consult with a qualified financial advisor.
- Company was previously listed under a different name (CAMAC Energy Inc.).
- Company has a history of operations in the oil and gas sector.
- Company's headquarters are located in Houston, Texas, a major energy hub.
- Company once held licenses for oil and gas exploration in Africa.
What Investors Ask About Erin Energy Corporation (ERINQ) — Energy
What does Erin Energy Corporation do?
Erin Energy Corporation was an independent exploration and production company focused on acquiring and developing energy resources in Africa. Its primary activities involved obtaining licenses for oil and gas exploration, conducting exploration activities, and developing discovered reserves. The company's asset portfolio included licenses covering offshore Nigeria, Ghana, and The Gambia. However, the company filed for Chapter 11 bankruptcy in 2018, which was later converted to Chapter 7, leading to the liquidation of its assets.
What do analysts say about ERINQ stock?
Given Erin Energy Corporation's Chapter 7 bankruptcy status, formal analyst coverage is unlikely. The company's financial metrics, including negative profit and gross margins, indicate significant financial distress. Any potential investment consideration would require a thorough assessment of the remaining assets and liabilities, as well as the legal implications of the bankruptcy proceedings. Investors should exercise extreme caution and conduct extensive due diligence before considering any investment in ERINQ.
What are the main risks for ERINQ?
The main risks for ERINQ are primarily related to its Chapter 7 bankruptcy status. These risks include the potential for further decline in the value of remaining assets, the inability to restructure or sell assets, and the uncertainty surrounding the future of the company. Additionally, there are ongoing legal and administrative costs associated with the bankruptcy proceedings. Investors should be aware that there is a high risk of losing their entire investment due to the company's distressed financial condition.
What are the key factors to evaluate for ERINQ?
Erin Energy Corporation (ERINQ) holds an AI score of 46/100 (low). Not financial advice.
How frequently does ERINQ data refresh on this page?
ERINQ prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ERINQ's recent stock price performance?
Erin Energy Corporation (ERINQ) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic asset locations in offshore Nigeria, Ghana, and The Gambia. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ERINQ overvalued or undervalued right now?
Valuing Erin Energy Corporation (ERINQ) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ERINQ?
Before investing in Erin Energy Corporation (ERINQ), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on publicly available sources and may be subject to change.
- The company is currently in Chapter 7 bankruptcy, which significantly impacts its financial condition and future prospects.