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) announced its quarterly earnings results on Wednesday, November, 6th. The oil and gas producer reported $0.18 EPS for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.05. The oil and gas producer earned $39.20 million during the quarter, compared to analysts' expectations 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.

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

7 Wall Street 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 twelve months. This suggests a possible upside of 77.6% 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.

Media coverage about ESTE stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Earthstone Energy earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. 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 daily volume of 205,100 shares, the short-interest ratio is presently 7.3 days. Approximately 7.8% of the shares of the company are sold short. View Earthstone Energy's Current Options Chain.

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

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 retail and institutional investors. Top institutional investors 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 $4.41.

Earthstone Energy has a market capitalization of $284.75 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]