Earthstone Energy, Inc. (ESTE)

NYSE: ESTE · IEX Real-Time Price · USD
16.27
+1.59 (10.83%)
At close: Jun 28, 2022 4:00 PM
16.49
+0.22 (1.35%)
After-hours: Jun 28, 2022 7:58 PM EDT
10.83%
Market Cap 1.29B
Revenue (ttm) 540.22M
Net Income (ttm) 7.84M
Shares Out 79.09M
EPS (ttm) 0.14
PE Ratio 114.58
Forward PE 4.55
Dividend n/a
Ex-Dividend Date n/a
Volume 4,771,749
Open 15.36
Previous Close 14.68
Day's Range 15.36 - 16.56
52-Week Range 7.01 - 22.25
Beta 2.15
Analysts Buy
Price Target 24.71 (+51.9%)
Earnings Date Aug 3, 2022

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...]

Industry Oil, Gas & Consumable Fuels
Founded 1969
CEO Frank Lodzinski
Employees 81
Stock Exchange NYSE
Ticker Symbol ESTE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for ESTE stock is "Buy." The 12-month stock price forecast is 24.71, which is an increase of 51.87% from the latest price.

Price Target
$24.71
(51.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Earthstone Energy shares rise on deal to expand in Northern Delaware Basin

Earthstone Energy Inc. ESTE, +8.66% shares rose 5.5% in premarket trades on Tuesday afer the company said it would grow its presence in the Northern Delaware basin in New Mexico by acquiring assets of p...

Earthstone Energy Announces Northern Delaware Basin Asset Acquisition for ~$627 Million

Highly Accretive Expansion in Northern Delaware Basin Meaningfully Increases Scale THE WOODLANDS, Texas , June 28, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company...

Best Momentum Stocks to Buy for June 23rd

ESTE, GLNG, and ADM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 23, 2022.

Other symbols: ADMGLNG

New Strong Buy Stocks for June 23rd

NX, CAL, CMLS, ESTE, and AN have been added to the Zacks Rank #1 (Strong Buy) List on June 23, 2022.

Other symbols: ANCALCMLSNX

Earthstone Energy President and CEO to Participate in Fireside Chat with Water Tower Research

THE WOODLANDS, Texas , June 21, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone") today announced that President and CEO, Robert J. Anderson, will participate in a fireside chat w...

Is the Options Market Predicting a Spike in Earthstone Energy (ESTE) Stock?

Investors need to pay close attention to Earthstone Energy (ESTE) stock based on the movements in the options market lately.

Is Earthstone Energy (ESTE) a Solid Growth Stock? 3 Reasons to Think " Yes "

Earthstone Energy (ESTE) possesses solid growth attributes, which could help it handily outperform the market.

Earthstone Energy, Inc. Announces Extension of Revolving Credit Facility and Increased Borrowing Base

THE WOODLANDS, Texas , June 2, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), announced today it entered into an amendment to the Company's senior secured rev...

Earthstone Energy, Inc. (ESTE) Hit a 52 Week High, Can the Run Continue?

Earthstone Energy (ESTE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Can Earthstone Energy (ESTE) Climb 36% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 35.7% upside potential for Earthstone Energy (ESTE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings e...

What Earthstone Energy (ESTE) Estimates Say About Its Recent Performance

Drilling down into Earthstone's estimates for the last quarter tells us where the real issues are.

Here is Why Growth Investors Should Buy Earthstone Energy (ESTE) Now

Earthstone Energy (ESTE) possesses solid growth attributes, which could help it handily outperform the market.

Earthstone Energy (ESTE) Beats Q1 Earnings and Revenue Estimates

Earthstone Energy (ESTE) delivered earnings and revenue surprises of 39.29% and 23.42%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Earthstone Energy, Inc. Reports 2022 First Quarter Financial Results

THE WOODLANDS, Texas, May 4, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three m...

Can Earthstone (ESTE) Sustain Beat Run in Q1 Earnings Show?

Earthstone Energy (ESTE) is expected to have benefited from the surge in oil and natural gas realizations.

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.

Earthstone Energy, Inc. Announces First Quarter 2022 Conference Call for Thursday, May 5, 2022 at 12:00 p.m. Eastern

THE WOODLANDS, Texas , April 26, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursd...

Can Earthstone Energy (ESTE) Run Higher on Rising Earnings Estimates?

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

Earthstone Energy, Inc. (ESTE) Soars to 52-Week High, Time to Cash Out?

Earthstone Energy (ESTE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

New Strong Buy Stocks for April 21st

GIII, GIL, HOPE, ESTE, and KFY have been added to the Zacks Rank #1 (Strong Buy) List on April 21, 2022.

Other symbols: GIIIGILHOPEKFY

Is Earthstone Energy (ESTE) a Great Value Stock 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 v...

Earthstone Announces Closing of Bighorn Acquisition and Closing of Debt and Equity Financings

Provides Balance Sheet and Liquidity Update Provides Estimated Average Daily Production for the First Quarter of 2022 THE WOODLANDS, Texas , April 14, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:...

Earthstone Energy Announces Pricing of Private Offering of $550 Million of Senior Unsecured Notes due 2027

THE WOODLANDS, Texas , April 7, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), today announced that its subsidiary, Earthstone Energy Holdings, LLC ("EEH"), h...

Why Earthstone Energy (ESTE) is Poised to Beat Earnings Estimates Again

Earthstone Energy (ESTE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Earthstone Energy Announces Private Offering of $550 Million of Senior Unsecured Notes due 2027

THE WOODLANDS, Texas , April 6, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), today announced that its subsidiary, Earthstone Energy Holdings, LLC ("EEH"), h...