NYSE:ESTE - Earthstone Energy Stock Price, Forecast & News

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

Earthstone Energy Inc (NYSE:ESTE) released its earnings results on Wednesday, November, 6th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. The oil and gas producer had revenue of $39.20 million for the quarter, compared to analyst estimates of $39.38 million. Earthstone Energy had a net margin of 23.82% and a return on equity of 6.23%. View Earthstone Energy's Earnings History.

Earthstone Energy is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for Earthstone Energy.

7 analysts have issued 1 year price targets for Earthstone Energy's shares. Their forecasts range from $6.00 to $9.00. On average, they anticipate Earthstone Energy's stock price to reach $7.83 in the next year. This suggests a possible upside of 64.9% from the stock's current price. View Analyst Price Targets for Earthstone Energy.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Earthstone Energy.

News stories about ESTE stock have been trending somewhat positive on Friday, InfoTrie reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Earthstone Energy earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave news headlines about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Earthstone Energy.

Earthstone Energy saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,490,000 shares, an increase of 7.2% from the January 15th total of 1,390,000 shares. Based on an average trading volume of 205,100 shares, the short-interest ratio is currently 7.3 days. Approximately 7.8% of the company's shares are sold short. View Earthstone Energy's Current Options Chain.

Some companies that are related to Earthstone Energy include Talos Energy (TALO), SM Energy (SM), Southwestern Energy (SWN), Brigham Minerals (MNRL), Chesapeake Energy (CHK), Centennial Resource Development (CDEV), Range Resources (RRC), Kimbell Royalty Partners (KRP), Carrizo Oil & Gas (CRZO), Oasis Petroleum (OAS), SUNDANCE ENERGY/S (SNDE), Callon Petroleum (CPE), QEP Resources (QEP), GENEL ENERGY PL/ADR (GEGYY) and Berry Petroleum (BRY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Earthstone Energy investors own include Energy Transfer LP Unit (ET), Ford Motor (F), AT&T (T), Kinder Morgan (KMI), NGL Energy Partners (NGL), AGNC Investment (AGNC), ChemoCentryx (CCXI), Corbus Pharmaceuticals (CRBP), Callon Petroleum (CPE) and Enterprise Products Partners (EPD).

Earthstone Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Investment Counselors of Maryland LLC (1.92%), Hotchkis & Wiley Capital Management LLC (1.89%), Russell Investments Group Ltd. (1.13%), State Street Corp (0.53%), Victory Capital Management Inc. (0.50%) and Victory Capital Management Inc. (0.47%). Company insiders that own Earthstone Energy stock include Robert John Anderson and Tony Oviedo. View Institutional Ownership Trends for Earthstone Energy.

ESTE stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Sei Investments Co. and New York State Common Retirement Fund. View Insider Buying and Selling for Earthstone Energy.

ESTE stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Partners, Hotchkis & Wiley Capital Management LLC, Royce & Associates LP, Sanders Morris Harris LLC, Victory Capital Management Inc., Bank of New York Mellon Corp and Monarch Partners Asset Management LLC. View Insider Buying and Selling for 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.

One share of ESTE stock can currently be purchased for approximately $4.75.

Earthstone Energy has a market capitalization of $306.68 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.

The official website for Earthstone Energy is http://www.earthstoneenergy.com/.

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]