Earthstone Energy, Inc. (ESTE)
| Market Cap | 1.83B |
| Revenue (ttm) | 1.70B |
| Net Income (ttm) | 452.49M |
| Shares Out | 140.44M |
| EPS (ttm) | 4.83 |
| PE Ratio | 2.67 |
| Forward PE | 2.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 25,670 |
| Open | 13.11 |
| Previous Close | 12.88 |
| Day's Range | 12.99 - 13.02 |
| 52-Week Range | 10.65 - 22.25 |
| Beta | 2.07 |
| Analysts | Buy |
| Price Target | 25.84 (+98.46%) |
| Earnings Date | May 2, 2023 |
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, Delaware Basin in New Mexico, and the Eagle Ford trend of south Texas. As of December 31, 2021, it operated 120 gross Eagle Ford wells, as well as had 147,587 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 93,575 MBOE of proved developed reserves and 54,012 MBOE... [Read more]
Financial Performance
In 2022, ESTE's revenue was $1.70 billion, an increase of 303.95% compared to the previous year's $419.64 million. Earnings were $452.49 million, an increase of 1175.18%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for ESTE stock is "Buy." The 12-month stock price forecast is $25.84, which is an increase of 98.46% from the latest price.
News
Earthstone Energy (ESTE) Q4 Earnings and Revenues Surpass Estimates
Earthstone Energy (ESTE) delivered earnings and revenue surprises of 9.47% and 1.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Earthstone Energy, Inc. Reports 2022 Fourth Quarter and Full Year Results
THE WOODLANDS, Texas, March 08, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “we” or “us”), today announced financial and operating results for the quart...
Earthstone Energy, Inc. Announces Fourth Quarter and Full Year 2022 Conference Call for Thursday, March 9, 2023 at 11:00 a.m. Eastern
THE WOODLANDS, Texas, March 02, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”), announced today that its management team will host a conference call on T...
Earthstone Energy to Participate in Upcoming Conferences
THE WOODLANDS, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) announced today its participation in upcoming conferences.
Earthstone Provides Operational and Financial Update, 2023 Guidance and Proved Reserves
Average Daily Production for the Fourth Quarter of 2022 Increased 246% Year Over Year
Earthstone Energy to Participate in Goldman Sachs Global Energy and Clean Technology Conference
THE WOODLANDS, Texas, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) announced today its participation in the Goldman Sachs Global Energy and Cl...
Should Value Investors Buy Earthstone Energy (ESTE) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
Earthstone Energy (ESTE) Upgraded to Buy: Here's Why
Earthstone Energy (ESTE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Earthstone Energy (ESTE) Lags Q3 Earnings Estimates
Earthstone Energy (ESTE) delivered earnings and revenue surprises of -13.33% and 35.30%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Earthstone Energy, Inc. Reports 2022 Third Quarter and Year-to-Date Financial Results
THE WOODLANDS, Texas , Nov. 2, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the thr...
Are Investors Undervaluing Earthstone Energy (ESTE) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
Earthstone Energy (ESTE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Here is What to Know Beyond Why Earthstone Energy, Inc. (ESTE) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Earthstone Energy (ESTE). This makes it worthwhile to examine what the stock has in store.
Earthstone Energy, Inc. Announces Third Quarter 2022 Conference Call for Thursday, November 3, 2022 at 1:00 p.m. Eastern
THE WOODLANDS, Texas , Oct. 19, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thurs...
More Appreciation on the Horizon for These 5 U.S. Upstream Stocks
Notwithstanding recession-related headwinds, the Zacks Oil and Gas - US E&P operators like APA, AR, CRK, NOG and ESTE should enjoy some upside momentum for the time being.
Investor demand for energy stocks will soon increase ‘dramatically,' analyst says
Investors appear ready to starting buying energy stocks again as earnings start rolling in. They are looking to boost their weightings in the sector given healthy free-cash flows (FCF), said analyst N...
Earthstone Announces Share Repurchase
THE WOODLANDS, Texas , Oct. 11, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "our" or "we"), announced today that it has purchased 3,000,000 shares of Earths...
Looking for a Growth Stock? 3 Reasons Why Earthstone Energy (ESTE) is a Solid Choice
Earthstone Energy (ESTE) possesses solid growth attributes, which could help it handily outperform the market.
A Trio of Graham-Style Stocks to Consider
To increase their chances of discovering value opportunities, value investors may want to look for stocks whose Graham blended multipliers are below 22.5. Created by Benjamin Graham, the father of val...
Is Trending Stock Earthstone Energy, Inc. (ESTE) a Buy Now?
Zacks.com users have recently been watching Earthstone Energy (ESTE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Down 35.3% in 4 Weeks, Here's Why You Should You Buy the Dip in Earthstone Energy (ESTE)
Earthstone Energy (ESTE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings e...
Wall Street Analysts Believe Earthstone Energy (ESTE) Could Rally 61%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 61.4% in Earthstone Energy (ESTE). While the effectiveness of this highly sought-after metric is questionable, ...
3 Reasons Why Growth Investors Shouldn't Overlook Earthstone Energy (ESTE)
Earthstone Energy (ESTE) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Should You Buy Earthstone Energy (ESTE) After Golden Cross?
When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?
Is Most-Watched Stock Earthstone Energy, Inc. (ESTE) Worth Betting on Now?
Recently, Zacks.com users have been paying close attention to Earthstone Energy (ESTE). This makes it worthwhile to examine what the stock has in store.