East Resources Acquisition Company (ERES)
East Resources Acquisition Company operates in the Shell Companies industry of the Financial Services sector, headquartered in Boca Raton, FL, US. The stock last traded at $10.85, up 8.18% on the session, giving a market capitalisation of $124.6M. On trailing twelve-month figures it carries a trailing P/E of 120.56, a net margin of 88.0%. Its beta of -0.02 implies it has historically moved less than the broad market.
East Resources Acquisition Company is not currently engaged in any significant operational activities. Its primary objective is to complete a business combination, such as a merger, capital stock exchange, asset acquisition, stock purchase, or reorganization, with one or more existing enterprises. The firm intends to identify prospective opportunities within the North American energy sector. Incorporated in 2020, its main office is located in Boca Raton, Florida.
East Resources Acquisition Company is most often compared with the following Financial Services names: