Erin Energy Cash Flow - Quarterly (OTCMKTS:ERINQ)

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$0 $0 (0%) ERINQ stock closing price Oct 15, 2018 (Closing)

The Erin Energy cash flow statement helps investors understand how well the company is managing its cash flows. This report provides details about cash inflows and outflows due to the company's business and investment activities, and summarize cash outflows for a given quarter. For Erin Energy profits one has to check the income statement and for Erin Energy debt one has to check the balance sheet. This statement can tell if a company is running out of money while still being profitable and is useful in Erin Energy stock analysis. Erin Energy had a negative net income cash flow of $-152.91M till this quarter of 2017 Q4. This report is very useful in measuring the short term viability of a company. ERINQ decrease in investments stood at a value of $-61.01M for the latest quarter 2017 Q4.

View and download details of Erin Energy cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q2
Net Income Cash Flow
-152.91M-140.05M-125.57M-26.92M-143.24M-79.11M-55.54M
Depreciation Depletion Amortization Cash-Flow59.83M53.83M39.31M25.65M61.66M41.23M21.45M
Net Increase (Decrease) in Assets Liabilities51.51M30.52M19.19M2.64M65.12M55.49M41.7M
Cash From (used in) Discontinued Operations-------
Other Adjustments Net67.61M70.24M71.44M-0.7M22.81M-10.93M-8.79M
Net Cash from (used by) Operating Activities
26.05M14.55M4.37M-6.35M6.67M-1.17M
Increase (Decrease) in Prop Plant And Equipment-61.01M-41.65M-5.74M-3.09M-19.29M-16.47M-9.66M
Acquisition Disposition of Subsidiaires-------
Increase (Decrease) in Investments-------
Other Cash Inflow (Outflow) from Investment Activities-------
Net Cash from (used by) Investment Activities
-61.01M-41.65M-5.74M-3.09M-19.29M-16.47M-9.66M
Issuance (Purchase) of Equity Shares-0.71M-0.7M-0.7M-0.64M---0.02M
Issuance (Repayment) of Debt Securities68.18M58.38M24.2M28.23M---
Increase (Decrease) in Bank & Other Borrowings-------
Payment of Dividends & Other Cash Distributions-------
Other Cash from (used by) Financing Activities-17.74M-19.81M-18.65M-25.6M5.02M5.02M7.96M
Net Cash from (used by) Financing Activities
49.91M38.05M4.84M1.98M6.07M5.57M8.59M
Effect of Exchange Rate Changes on Cash---1.79M5.67M4.16M2.64M
Net Change in Cash & Cash Equivalents
14.95M10.95M3.47M1.36M-1.18M-0.05M-
Cash & Equivalents at Beginning of Year25.14M-3.8M13.62M28.91M3.6M10.51M
Cash & Equivalents at Year End22.13M18.13M10.65M8.53M7.17M8.3M8.75M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Erin Energy stock comparison chart provides an easy way to compare the stock price with peers along with details of Erin Energy stock price history.
The statement of cash flows can be categorized into the following main sections:

  • Net Change in Cash and Cash Equivalents: A positive net change in cash and cash equivalents shows that Erin Energy is able to meet its expenditure and grow cash at hand which demonstrates the financial strength of the company's balance sheet. Also see - Erin Energy stock price movement.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $26.05M for ERINQ.
  • Cash from investing stood at a negative value of $-61.01M for ERINQ stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $49.91M for Erin Energy. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.

Key Financial Ratios For Erin Energy Cash Flow

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