Erin Energy Corporation (ERINQ) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerErin Energy Corporation (ERINQ) trades at $0.0001. Erin Energy Corporation is an independent exploration and production company focused on acquiring and developing energy resources in Africa. Sector: Energy.
Price as of · Last analyzed: 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.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
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 $0.00B 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 | MoonshotScore |
|---|---|---|---|---|
| TPET Trio Petroleum Corp. | $1.55 | -3.73% | $7.62M | — |
| MXC Mexco Energy Corporation | $9.73 | -3.28% | $19.9M | 76 5-pillar |
| CKX CKX Lands, Inc. | $10.32 | -2.92% | $21.2M | 52 5-pillar |
| BATL Battalion Oil Corporation | $1.05 | +1.45% | $22.7M | — |
| INDO Indonesia Energy Corporation Limited | $2.78 | +4.12% | $41.1M | — |
| ANNA AleAnna, Inc. | $2.69 | +0.75% | $110M | 39 5-pillar |
| EPM Evolution Petroleum Corporation | $3.56 | -0.56% | $128M | 46 5-pillar |
| AMPY Amplify Energy Corp. | $4.43 | +1.61% | $180M | 50 5-pillar |
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 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 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.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Financial 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.
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.
Company Profile
Erin Energy Corporation operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Houston, US. The company is led by CEO Lionel C. McBee. ERINQ has traded publicly since 2000.
ERINQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
ERINQ Latest News
No recent news available for ERINQ.
ERINQ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ERINQ.
Price Targets
Wall Street price target analysis for ERINQ.
ERINQ MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ERINQ; grades run from A+ (80-100) to F (below 30).
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
- 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 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.
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
MoonshotScore is not published for this security.
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.