Earthstone Energy, Inc, an independent energy company, engages in the development and operation of oil and gas properties in the United States. Its asset portfolio includes the Midland Basin of west Texas and the Eagle Ford trend of south Texas. As of December 31, 2018, the company operated 93 gross Eagle Ford wells; and 13 gross Austin Chalk wells, as well as had 98,847 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 23,646 MBOE of proved developed reserves and 75,201 MBOE of proved undeveloped reserves.
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Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Phone281-298-4246
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$165.36 million
Profitability
Miscellaneous
Employees65
Next Earnings Date3/10/2020 (Estimated)
OptionableNot Optionable
Earthstone Energy (NYSE:ESTE) Frequently Asked Questions
What is Earthstone Energy's stock symbol?
Earthstone Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESTE."
How were Earthstone Energy's earnings last quarter?
Earthstone Energy Inc (NYSE:ESTE) issued its earnings results on Wednesday, November, 6th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.05. The oil and gas producer earned $39.20 million during the quarter, compared to analyst estimates of $39.38 million. Earthstone Energy had a return on equity of 6.23% and a net margin of 23.82%. View Earthstone Energy's Earnings History.
When is Earthstone Energy's next earnings date?
What price target have analysts set for ESTE?
8 equities research analysts have issued 12-month target prices for Earthstone Energy's shares. Their forecasts range from $6.00 to $12.00. On average, they anticipate Earthstone Energy's share price to reach $8.14 in the next year. This suggests a possible upside of 42.4% from the stock's current price. View Analyst Price Targets for Earthstone Energy.
What is the consensus analysts' recommendation for Earthstone Energy?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Earthstone Energy.
What are Wall Street analysts saying about Earthstone Energy stock?
Here are some recent quotes from research analysts about Earthstone Energy stock:
- 1. According to Zacks Investment Research, "Earthstone Energy, Inc., formerly known as Basic Earth Science Systems, Inc., is an independent oil and gas exploration and production company. Its primary focus is in the Montana and North Dakota portions of the Williston basin. The Company is based in Denver, Colorado. " (7/23/2019)
- 2. Northland Securities analysts commented, "We believe this is the right move for a smaller company that would benefit from a larger production/cash flow base. Accordingly, we reiterate our OP and $11 PT." (5/7/2019)
Has Earthstone Energy been receiving favorable news coverage?
News headlines about ESTE stock have trended neutral this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Earthstone Energy earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news headlines about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Earthstone Energy.
Are investors shorting Earthstone Energy?
Earthstone Energy saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,580,000 shares, an increase of 11.3% from the September 15th total of 1,420,000 shares. Based on an average trading volume of 214,500 shares, the short-interest ratio is currently 7.4 days. Approximately 8.4% of the company's shares are short sold. View Earthstone Energy's Current Options Chain.
Who are some of Earthstone Energy's key competitors?
Some companies that are related to Earthstone Energy include Enerplus (ERF), Talos Energy (TALO), Comstock Resources (CRK), GeoPark (GPRK), Southwestern Energy (SWN), Chesapeake Energy (CHK), Range Resources (RRC), Callon Petroleum (CPE), SM Energy (SM), Brigham Minerals (MNRL), Oasis Petroleum (OAS), Centennial Resource Development (CDEV), Berry Petroleum (BRY), QEP Resources (QEP) and Carrizo Oil & Gas (CRZO).
What other stocks do shareholders of Earthstone Energy own?
Who are Earthstone Energy's key executives?
Earthstone Energy's management team includes the folowing people:
- Mr. Frank A. Lodzinski, Chairman & CEO (Age 70)
- Mr. Robert J. Anderson, Pres (Age 57)
- Mr. Mark Lumpkin Jr., Exec. VP & CFO (Age 45)
- Mr. Tony Oviedo, Exec. VP of Accounting & Admin. (Age 65)
- Mr. Timothy D. Merrifield, Exec. VP of Geological & Geophysical (Age 63)
Who are Earthstone Energy's major shareholders?
Earthstone Energy's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Rhumbline Advisers (0.05%). Company insiders that own Earthstone Energy stock include Robert John Anderson and Tony Oviedo. View Institutional Ownership Trends for Earthstone Energy.
Which institutional investors are buying Earthstone Energy stock?
How do I buy shares of Earthstone Energy?
Shares of ESTE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Earthstone Energy's stock price today?
One share of ESTE stock can currently be purchased for approximately $5.72.
How big of a company is Earthstone Energy?
Earthstone Energy has a market capitalization of $368.64 million and generates $165.36 million in revenue each year. The oil and gas producer earns $42.33 million in net income (profit) each year or $1.44 on an earnings per share basis. Earthstone Energy employs 65 workers across the globe.View Additional Information About Earthstone Energy.
What is Earthstone Energy's official website?
How can I contact Earthstone Energy?
Earthstone Energy's mailing address is 1400 Woodloch Forest Drive Suite 300, The Woodlands TX, 77380. The oil and gas producer can be reached via phone at 281-298-4246 or via email at [email protected]
MarketBeat Community Rating for Earthstone Energy (NYSE ESTE)
MarketBeat's community ratings are surveys of what our community members think about Earthstone Energy and other stocks. Vote "Outperform" if you believe ESTE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ESTE will underperform the S&P 500 over the long term. You may vote once every thirty days.
