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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
The 4th Military Revolution is Happening (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
Will NIO Partake In China's Economic Awakening?
The 4th Military Revolution is Happening (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Tax Software Specialist Vertex In Buy Zone After Base Breakout
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How to Choose a Brokerage Account or Online Broker
Will Plug Power’s Deal With Energy Vault Move The Needle? 
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
The 4th Military Revolution is Happening (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
Will NIO Partake In China's Economic Awakening?
The 4th Military Revolution is Happening (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Tax Software Specialist Vertex In Buy Zone After Base Breakout
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How to Choose a Brokerage Account or Online Broker
Will Plug Power’s Deal With Energy Vault Move The Needle? 
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
The 4th Military Revolution is Happening (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
Will NIO Partake In China's Economic Awakening?
The 4th Military Revolution is Happening (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Tax Software Specialist Vertex In Buy Zone After Base Breakout
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How to Choose a Brokerage Account or Online Broker
Will Plug Power’s Deal With Energy Vault Move The Needle? 
NYSE:ESTE

Earthstone Energy (ESTE) Stock Forecast, Price & News

$13.22
-0.08 (-0.60%)
(As of 06/9/2023 ET)
Compare
Today's Range
$13.10
$13.49
50-Day Range
$12.01
$14.95
52-Week Range
$10.65
$21.36
Volume
609,442 shs
Average Volume
971,471 shs
Market Capitalization
$1.86 billion
P/E Ratio
2.56
Dividend Yield
N/A
Price Target
$22.67

Earthstone Energy MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
71.5% Upside
$22.67 Price Target
Short Interest
Bearish
6.20% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-8.30
Upright™ Environmental Score
News Sentiment
1.03mentions of Earthstone Energy in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$57,250 Bought Last Quarter
Proj. Earnings Growth
29.09%
From $4.16 to $5.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Oils/Energy Sector

57th out of 251 stocks

Crude Petroleum & Natural Gas Industry

27th out of 81 stocks


ESTE stock logo

About Earthstone Energy (NYSE:ESTE) Stock

Earthstone Energy, Inc. is a growth-oriented independent oil and gas company. The firm is engaged in the acquisition and development of oil and gas reserves through activities that include drilling and development of undeveloped leases, as well as asset and corporate acquisitions and mergers. It also focuses on the Midland Basin in West Texas, the Eagle Ford Trend in South Texas and the Delaware Basin in New Mexico. The company was founded on July 7, 1969 and is headquartered in The Woodlands, TX.

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ESTE Stock News Headlines

Earthstone Energy (NYSE: ESTE)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Earthstone Energy: Smooth Sailing
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Earthstone Energy (NYSE:ESTE) Issues Earnings Results
The New Earthstone Energy
Stephens Initiates Coverage on Earthstone Energy (NYSE:ESTE)
RBC Capital Sticks to Its Hold Rating for Earthstone Energy (ESTE)
Earthstone Energy Stock Soars (ESTE)
See More Headlines

ESTE Price History

ESTE Company Calendar

Last Earnings
5/03/2023
Today
6/10/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Previous Symbol
NASDAQ:ESTE
Employees
81
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$22.67
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+71.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$452.48 million
Pretax Margin
48.81%

Debt

Sales & Book Value

Annual Sales
$1.70 billion
Cash Flow
$6.33 per share
Book Value
$16.62 per share

Miscellaneous

Free Float
83,325,000
Market Cap
$1.86 billion
Optionable
Not Optionable
Beta
2.09

Key Executives

  • Robert John Anderson
    President, Chief Executive Officer & Director
  • Steven C. Collins
    Chief Operating Officer & Executive Vice President
  • Mark Lumpkin
    Chief Financial Officer & Executive Vice President
  • Robert W. Hunt
    Executive Vice President & General Counsel
  • Tony Oviedo
    Executive VP-Accounting & Administration













ESTE Stock - Frequently Asked Questions

Should I buy or sell Earthstone Energy stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ESTE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESTE, but not buy additional shares or sell existing shares.
View ESTE analyst ratings
or view top-rated stocks.

What is Earthstone Energy's stock price forecast for 2023?

6 brokers have issued twelve-month target prices for Earthstone Energy's stock. Their ESTE share price forecasts range from $18.00 to $30.00. On average, they expect the company's stock price to reach $22.67 in the next year. This suggests a possible upside of 71.5% from the stock's current price.
View analysts price targets for ESTE
or view top-rated stocks among Wall Street analysts.

How have ESTE shares performed in 2023?

Earthstone Energy's stock was trading at $14.23 on January 1st, 2023. Since then, ESTE shares have decreased by 7.1% and is now trading at $13.22.
View the best growth stocks for 2023 here
.

Are investors shorting Earthstone Energy?

Earthstone Energy saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 8,800,000 shares, a drop of 7.9% from the April 15th total of 9,560,000 shares. Based on an average daily volume of 1,420,000 shares, the days-to-cover ratio is presently 6.2 days.
View Earthstone Energy's Short Interest
.

When is Earthstone Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ESTE earnings forecast
.

How were Earthstone Energy's earnings last quarter?

Earthstone Energy, Inc. (NYSE:ESTE) issued its earnings results on Wednesday, May, 3rd. The oil and gas producer reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.01. The oil and gas producer earned $413.14 million during the quarter, compared to analysts' expectations of $391.95 million. Earthstone Energy had a trailing twelve-month return on equity of 28.38% and a net margin of 28.58%. The firm's quarterly revenue was up 110.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.78 EPS.

What other stocks do shareholders of Earthstone Energy own?
What is Earthstone Energy's stock symbol?

Earthstone Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESTE."

Who are Earthstone Energy's major shareholders?

Earthstone Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ranger Investment Management L.P. (2.45%), State Street Corp (2.32%), BlackRock Inc. (2.13%), Macquarie Group Ltd. (2.06%), Macquarie Group Ltd. (2.06%) and American Century Companies Inc. (1.99%). Insiders that own company stock include Cypress Investments, Llc, Frank Alan Lodzinski, James W Bernau, Jay Frederick Joliat, Mark Lumpkin Jr, Pincus (E&P) Xii LP Warburg, Post Oak Energy Holdings, Llc, Resources Holding Independence, Robert John Anderson and Tony Oviedo.
View institutional ownership trends
.

How do I buy shares of Earthstone Energy?

Shares of ESTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Earthstone Energy's stock price today?

One share of ESTE stock can currently be purchased for approximately $13.22.

How much money does Earthstone Energy make?

Earthstone Energy (NYSE:ESTE) has a market capitalization of $1.86 billion and generates $1.70 billion in revenue each year. The oil and gas producer earns $452.48 million in net income (profit) each year or $5.16 on an earnings per share basis.

How can I contact Earthstone Energy?

Earthstone Energy's mailing address is 1400 Woodloch Forest Drive Suite 300, The Woodlands Te, 77380. The official website for the company is www.earthstoneenergy.com. The oil and gas producer can be reached via phone at (281) 298-4246, via email at investorrelations@earthstoneenergy.com, or via fax at 832-823-0498.

This page (NYSE:ESTE) was last updated on 6/10/2023 by MarketBeat.com Staff

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