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Earthstone Energy, Inc. (ESTE)

NYSE: ESTE · Delayed Price · USD
8.37
-0.36 (-4.12%)
Pre-market:Sep 20, 2021 9:00 AM EDT
8.73
-0.27 (-3.00%)
At close: Sep 17, 4:00 PM
Market Cap741.10M
Revenue (ttm)242.97M
Net Income (ttm)-28.62M
Shares Out44.13M
EPS (ttm)-0.78
PE Ration/a
Forward PE6.15
Dividendn/a
Ex-Dividend Daten/a
Volume234,316
Open9.06
Previous Close9.00
Day's Range8.71 - 9.09
52-Week Range2.41 - 13.15
Beta2.91
AnalystsStrong Buy
Price Target14.63 (+67.6%)
Est. Earnings DateNov 3, 2021

About ESTE

Earthstone Energy, Inc., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. The company's asset portfolio includes the Midland Basin of west Texas and the Eagle Ford trend of south Texas. As of December 31, 2020, it operated 103 gross Eagle Ford wells; and 12 gross Austin Chalk wells, as well as had 78,875 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 38,298 MBOE of proved developed reserves and 40,577 MBO...

IndustryOil, Gas & Consumable Fuels
Founded1969
CEORobert Anderson
Employees79
Stock ExchangeNYSE
Ticker SymbolESTE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ESTE stock is "Strong Buy." The 12-month stock price forecast is 14.63, which is an increase of 67.58% from the latest price.

Price Target
$14.63
(67.58% upside)
Analyst Consensus: Strong Buy

News

Earthstone Energy, Inc. Announces Increase in Borrowing Base

THE WOODLANDS, Texas, Sept. 20, 2021 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "we" or "our"), today announced that it has entered into an amendment to its senio...

3 hours ago - PRNewsWire

US Oil & Gas Rig Tally Increases in 5 of the Past 6 Weeks

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for five straight weeks.

Other symbols:BKRHALSLBWLL
6 days ago - Zacks Investment Research

3 Compelling Upstream Stocks With Low Debt Exposure to Buy

With a bullish oil demand growth outlook, upstream companies like Cabot (COG), PDC Energy (PDCE) and Earthstone (ESTE) are likely to witness massive bottom-line growth.

Other symbols:COGCOPEOGPDCE
1 week ago - Zacks Investment Research

US Oil & Gas Rig Tally Falls After Rising for 4 Straight Weeks

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for four straight weeks.

Other symbols:BKRHALSLBWLL
1 week ago - Zacks Investment Research

Earthstone Energy (ESTE): Strong Industry, Solid Earnings Estimate Revisions

Earthstone Energy (ESTE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

2 weeks ago - Zacks Investment Research

US Oil & Gas Rig Tally Rises for 4 Straight Weeks: Here's Why

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for three straight weeks.

Other symbols:BKRHALRIGSLBWLL
2 weeks ago - Zacks Investment Research

US Oil & Gas Rig Tally Rises for 2 Straight Weeks: Here's Why

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in three of the last four weeks.

Other symbols:BKRHALRIGSLBWLL
1 month ago - Zacks Investment Research

Earthstone Energy (ESTE) Q2 Earnings and Revenues Top Estimates

Earthstone Energy (ESTE) delivered earnings and revenue surprises of 36.84% and 25.64%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Earthstone Energy, Inc. Reports 2021 Second Quarter and Year-to-Date Financial Results

THE WOODLANDS, Texas, Aug. 4, 2021 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three ...

1 month ago - PRNewsWire

Earthstone Energy (ESTE) Moves to Strong Buy: Rationale Behind the Upgrade

Earthstone Energy (ESTE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 month ago - Zacks Investment Research

Analysts Estimate Earthstone Energy (ESTE) to Report a Decline in Earnings: What to Look Out for

Earthstone Energy (ESTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Earthstone Energy, Inc. Announces Second Quarter 2021 Conference Call for Thursday, August 5, 2021 at 12:00 p.m. Eastern

THE WOODLANDS, Texas, July 28, 2021 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday...

1 month ago - PRNewsWire

New Strong Buy Stocks for July 26th

CRK, MATX, RGP, ESTE, and ICLR have been added to the Zacks Rank #1 (Strong Buy) List on July 26, 2021.

Other symbols:CRKICLRMATXRGP
1 month ago - Zacks Investment Research

Earthstone (ESTE) Gives Revised Guidance Post Buyout Closure

Earthstone (ESTE) revises its 2021 capital budget to $130-$140 million to include a second rig.

1 month ago - Zacks Investment Research

Earthstone Energy (ESTE) Sees Hammer Chart Pattern: Time to Buy?

Earthstone Energy (ESTE) has been struggling lately, but the selling pressure may be coming to an end soon.

1 month ago - Zacks Investment Research

Earthstone Completes Tracker Acquisition and Updates Guidance & Operations

THE WOODLANDS, Texas, July 20, 2021 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "our" or "we"), today announced that it has completed the previously announced acqu...

1 month ago - PRNewsWire

US Oil & Gas Rig Tally Rises in 5 of 6 Weeks: Here's Why

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in seven of the prior 11 weeks.

Other symbols:BKRHALRIGSLBWLL
2 months ago - Zacks Investment Research

5 Strong Buy Stocks with More Room to Run

These stocks posted strong beats and witnessed upward estimate revisions, but valuations still look cheap.

Other symbols:CMCGMSSGHSWBI
2 months ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for July 13th

ESTE, MIDD, GRIN, and HIBB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 13, 2021

Other symbols:GRINHIBBMIDD
2 months ago - Zacks Investment Research

US Oil & Gas Rig Tally Rises for 2 Straight Weeks: Here's Why

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in seven of the prior 10 weeks.

Other symbols:BKRHALRIGSLBWLL
2 months ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for July 7th

Top Ranked Momentum Stocks to Buy for July 7th

Other symbols:CLARFNDQADA
2 months ago - Zacks Investment Research

4 Top Oil Stocks for Impressive Returns in the Second Half of 2021

Given the recovery in the energy sector and its potential to generate robust earnings in the second half, it would be ideal to bet on oil stocks. CLR, OAS, ESTE and MTDR are poised to gain.

Other symbols:CLRMTDROAS
2 months ago - Zacks Investment Research

Is Earthstone (ESTE) Stock a Solid Choice Right Now?

Earthstone (ESTE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

2 months ago - Zacks Investment Research

US Oil & Gas Rig Tally Rises in 3 of 4 Weeks: Here's Why

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in four of the prior six weeks.

Other symbols:BKRHALRIGSLBWLL
2 months ago - Zacks Investment Research

Earnings Estimates Rising for Earthstone Energy (ESTE): Will It Gain?

Earthstone Energy (ESTE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

2 months ago - Zacks Investment Research