Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Environmental Remediation (OTC BB:ERHC.OB)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: News | Profile
Recent Events
Aug 31Price hit new 52-week high ($0.23)
Location
777 South Flagler Drive, Suite 903
West Palm Beach, FL 33401
Phone: (561) 833-5560
Fax: (516) 922-4174
Employees (last reported count): 16
Financial Links
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Energy
 ·Industry: Oil Well Services & Equipment
Related Links
 ·Search Yahoo! for related links...
Ownership
·Insider and 5%+ Owners: 49%
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Company focused on acquiring and servicing marginally producing oil and natural gas properties that contained the potential for increased value through workovers and secondary recovery operations utilizing the Company's proprietary horizontal drilling tool. Lower oil prices and increasing equipment costs in 1998 reduced the economic feasibility of these activities. The Company also focused on providing a full range of environmental remediation and "plug and abandonment" services to the oil and gas industry. More recently, the Company refocused its activities and has begun to acquire interests in non-producing oil and gas properties, particularly high potential international prospects in known oil-producing areas, which could benefit from the Company's experienced executive team in managing the exploration of possible reserves.
More from Market Guide: Expanded Business Description

Financial Summary
Environmental Remediation is an independent oil and gas company focused on acquiring and servicing marginally producing oil and natural gas properties. ERHC also provides environmental remediation services to the oil and gas industry. For the nine months ended 6/30/99, revenues fell from $404 thousand to $0. Net loss fell 12% to $5.1 million. Results reflect the suspension of operating activities, offset by lower general and administrative expenses.
More from Market Guide: Significant Developments

Officers
FY1998 Pay

Sam Bass, Jr., 63
Chairman, VP, Director
$605K
James Callender, Sr., 57
Pres, CEO, Director
480K
James Griffin, 43
Sec., Treasurer, Director
120K
Dollar amounts are as of 30-Sep-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- OTC BB:ERHC.OBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 5-Feb-2001
$0.001
Recent Price$0.18 
52-Week High
on 31-Aug-2001
$0.23 
Beta4.85 
Daily Volume (3-month avg)154.8K
Daily Volume (10-day avg)85.0K
Stock Performance
52-Week Change+800.0%
52-Week Change
relative to S&P500
+1107.4%
Share-Related Items
Market Capitalization$89.1M
Shares Outstanding495.2M
Float252.6M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)-$0.18 
Earnings (ttm)-$0.41 
Earnings (mrq)-$0.02 
SalesN/A 
Cash (mrq)$0.00 
Valuation Ratios
Price/BookN/A 
Price/EarningsN/A 
Price/SalesN/A 
Income Statements
Sales (ttm)-$157.0K
EBITDA (ttm)-$6.40M
Income available to common (ttm)-$10.6M
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsSep 30
Most recent quarter30-June-1999
Management Effectiveness
Return on Assets (ttm)-95.91%
Return on EquityN/A 
Financial Strength
Current Ratio (mrq)0.07 
Debt/EquityN/A 
Total Cash (mrq)$35.0K
Short Interest
Shares ShortN/A 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-1999)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.