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Independent Oil Gas

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ERHC Energy Inc. is a publicly traded company on the US stock exchange under the ticker symbol ERHE. The company is an independent oil and gas company that explores, exploits, produces, and sells crude oil and natural gas in Fields onshore and offshore in the Gulf of Guinea and the offshore Niger Delta of Nigeria.

Some key statistics you should consider:

1. ERHE currently trades at around $0.01 per share.

2. Its 52-week low is $0.01, while its 52-week high is $8.43.

3. The company's market capitalization is around $10.3 million.

4. The number of shares issued and outstanding is around 248.3 million.

5. EREN's beta is high at 11.34, indicating more volatility in its price movement compared to the broader market.

To understand the company's performance, let's review its financial highlights focusing on its revenue, earnings, and profitability:

1. In its latest quarter (Q2 2018), ERHE reported total revenue of approximately $0.1 million, which represents a significant decrease of around 90% from the previous quarter and a decrease of approximately 82% year over year.

2. The company's net loss in Q2 2018 was around $0.2 million, representing a widening of around 14% year over year.

3. ERHE's earnings per share (EPS) were -$0.001 in Q2 2018, down from -$0.0006 in the same quarter the previous year.

4. In terms of profitability, ERHC Energy Inc. hasn't shown significant growth in recent years, and its financial statements indicate continued losses. Its return on equity (ROE) has been negative at around -34.99% and -57.33% in the past year and three years, respectively. Similarly, its profit margin has been negative, standing at around -125.11% in the most recent quarter.

Stepping back and considering other factors, institutional ownership stands at around 0.5%, indicating little to no ownership by institutional investors. Turning to analyst estimates, none are available for ERHE since no analysts currently cover the stock.

In conclusion, while ERHC Energy Inc. has significant reserves and interests in promising oil and gas fields, its financial performance hasn't been encouraging due to various challenges. However, it's essential to keep in mind that the oil and gas industry can be volatile and subject to various external factors. Always do your research and consult with investment experts before making investment decisions.