About Earthstone Energy (NYSE:ESTE)
Earthstone Energy, Inc. is an independent oil and natural gas development and production company. The Company is also engaged in corporate mergers and the acquisition of oil and natural gas properties that have production and future development opportunities. Its operations are all in the upstream segment of the oil and natural gas industry and all its properties are onshore in the United States. The Company's reserve portfolio primarily consists of assets in the Midland Basin of west Texas, the Eagle Ford trend of south Texas and in the Williston Basin of North Dakota. As of December 31, 2016, the Company held approximately 5,900 net leasehold acres in the Midland Basin, located in Howard, Glasscock, Martin and Midland Counties. As of December 31, 2016, it also has approximately 21,000 net leasehold acres in the Eagle Ford trend of south Texas. In the Williston Basin of North Dakota, it had approximately 5,900 net leasehold acres, as of December 31, 2016.
Industry, Sector and Symbol
Industry Oil & Gas Exploration and Production
Trailing P/E Ratio11.8
Forward P/E Ratio-18.75
Sales & Book Value
Annual Sales$42.27 million
Price / Sales14.38
Cash Flow$1.27 per share
Price / Cash7.50
Book Value$10.83 per share
Price / Book0.88
Return on Equity4.01%
Return on Assets3.25%
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) announced its quarterly earnings data on Monday, May, 8th. The oil and gas producer reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.03. The oil and gas producer had revenue of $15.34 million for the quarter, compared to analyst estimates of $16.60 million. Earthstone Energy had a negative net margin of 54.69% and a positive return on equity of 4.01%. View Earthstone Energy's Earnings History.
Where is Earthstone Energy's stock going? Where will Earthstone Energy's stock price be in 2017?
10 analysts have issued twelve-month target prices for Earthstone Energy's stock. Their predictions range from $11.00 to $19.00. On average, they expect Earthstone Energy's stock price to reach $14.80 in the next twelve months. 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. " (11/9/2017)
- 2. FBR & Co analysts commented, "Earthstone Energy hosted its 4Q16 earnings call on March 16 following an earnings release after the close on March 15. Investors remain focused on the company's strategic shift to the Midland Basin and, to that end, the update was incrementally positive. We are increasing our production forecast on outperformance from Bold Energy, which is being acquired by ESTE. While our price target slips to $16 (from $17) on lower marked-to-market commodity prices, we reiterate our Outperform rating on ESTE, which remains our top value pick for Midland Basin exposure." (3/17/2017)
Who are some of Earthstone Energy's key competitors?
Some companies that are related to Earthstone Energy include Unit (UNT), Gran Tierra Energy (GTE), Venoco (VQ), Advantage Oil & Gas (AAV), Ring Energy (REI), California Resources (CRC), Baytex Energy (BTE), Denbury Resources (DNR), Eclipse Resources (ECR), Hurricane Energy (HUR), Sound Energy (SOU), Ophir Energy (OPHR), UK Oil & Gas Investments (UKOG), EP Energy (EPE), Pengrowth Energy (PGH), Premier Oil (PMO), Sanchez Energy (SN) and SOCO International (SIA).
Who are Earthstone Energy's key executives?
Earthstone Energy's management team includes the folowing people:
- Frank Alan Lodzinski, Chairman of the Board, President, Chief Executive Officer (Age 66)
- Mark Lumpkin Jr., Chief Financial Officer, Executive Vice President
- Tony Oviedo CPA, Executive Vice President, Principal Accounting Officer (Age 63)
- Ray Singleton, Executive Vice President of Northern Region, Director (Age 64)
- Robert John Anderson, Executive Vice President - Corporate Development and Engineering (Age 54)
- Steve C. Collins, Executive Vice President - Completions and Operations (Age 50)
- Chris E. Cottrell, Executive Vice President - Land and Marketing (Age 55)
- Timothy D. Merrifield, Executive Vice President - Geological and Geophysical (Age 59)
- Francis M. Mury, Executive Vice President - Drilling and Development (Age 63)
- Neil K. Cohen, Vice President - Finance , Treasurer (Age 33)
Who owns Earthstone Energy stock?
Earthstone Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wasatch Advisors Inc. (1.32%), Northpointe Capital LLC (2.27%), Point72 Asset Management L.P. (0.63%), Sanders Morris Harris LLC (0.66%), Argent Capital Management LLC (0.15%) and Dimensional Fund Advisors LP (0.14%). Company insiders that own Earthstone Energy stock include Frank Alan Lodzinski, Oak Valley Resources, Llc, Ray J Singleton, Jr and Robert John Anderson. View Institutional Ownership Trends for Earthstone Energy.
Who sold Earthstone Energy stock? Who is selling Earthstone Energy stock?
Who bought Earthstone Energy stock? Who is buying Earthstone Energy stock?
Earthstone Energy's stock was purchased by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Wasatch Advisors Inc., Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Schwab Charles Investment Management Inc., California State Teachers Retirement System, Rhumbline Advisers and American International Group Inc.. Company insiders that have bought Earthstone Energy stock in the last two years include Frank Alan Lodzinski, Oak Valley Resources, Llc and Ray J Singleton, Jr. View Insider Buying and Selling for Earthstone Energy.
How do I buy Earthstone Energy stock?
Shares of Earthstone Energy 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, Scottrade, Fidelity and Charles Schwab.
What is Earthstone Energy's stock price today?
One share of Earthstone Energy stock can currently be purchased for approximately $9.56.
How big of a company is Earthstone Energy?
Earthstone Energy has a market capitalization of $607.61 million and generates $42.27 million in revenue each year. The oil and gas producer earns $-54,540,000.00 in net income (profit) each year or ($2.13) on an earnings per share basis. Earthstone Energy employs 49 workers across the globe.
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 (ESTE)MarketBeat's community ratings are surveys of what our community members think about Earthstone Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earthstone Energy (NYSE:ESTE) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||3.00||2.90||2.89||3.00|
|Ratings Breakdown: ||0 Sell Rating(s)|
0 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
0 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$14.80||$15.60||$15.89||$16.91|
|Price Target Upside: ||64.26% upside||95.24% upside||56.85% upside||31.38% upside|
Earthstone Energy (NYSE:ESTE) Consensus Price Target History
Earthstone Energy (NYSE:ESTE) Analyst Ratings History
(Data available from 12/17/2015 forward)
Earthstone Energy (NYSE:ESTE) Earnings History and Estimates Chart
Earthstone Energy (NYSE ESTE) Earnings History by Quarter
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017||Q1||($0.03)||($0.06)||$16.60 million||$15.34 million||View||N/A|
Earthstone Energy (NYSE:ESTE) Earnings Estimates
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Earthstone Energy (NYSE:ESTE)
No dividend announcements for this company have been tracked by MarketBeat.com
Earthstone Energy (NYSE ESTE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 64.51%
Institutional Ownership Percentage: 13.43%
Earthstone Energy (NYSE ESTE) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/14/2017||Robert John Anderson||EVP||Sell||15,000||$10.00||$150,000.00|| |
|6/21/2016||Frank Alan Lodzinski||CEO||Buy||24,500||$10.50||$257,250.00|| |
|6/21/2016||Oak Valley Resources, Llc||Major Shareholder||Buy||38,000||$10.50||$399,000.00|| |
|6/21/2016||Ray J. Singleton, Jr.||EVP||Buy||9,500||$10.50||$99,750.00|| |
Earthstone Energy (NYSE ESTE) News Headlines
|Earthstone Energy (ESTE) and Its Peers Head to Head Review|
www.americanbankingnews.com - December 17 at 7:46 AM
|ETFs with exposure to Earthstone Energy, Inc. : December 14, 2017|
finance.yahoo.com - December 14 at 6:08 PM
|Earthstone Energy, Inc. :ESTE-US: Earnings Analysis: Q3, 2017 By the Numbers : December 13, 2017|
finance.yahoo.com - December 13 at 5:45 PM
|Analyzing Earthstone Energy (ESTE) & Its Competitors|
www.americanbankingnews.com - December 13 at 11:16 AM
|Earthstone Energy's (ESTE) "Buy" Rating Reiterated at Northland Securities|
www.americanbankingnews.com - December 11 at 9:52 AM
|Earthstone Energy (ESTE) and Its Competitors Head-To-Head Review|
www.americanbankingnews.com - December 6 at 8:04 AM
|Earthstone Energy (ESTE) Upgraded to Buy by Seaport Global Securities|
www.americanbankingnews.com - December 5 at 12:38 PM
|Earthstone Energy, Inc. Announces Increase in Borrowing Base|
finance.yahoo.com - December 4 at 5:35 PM
|Comparing Earthstone Energy (ESTE) & Its Peers|
www.americanbankingnews.com - December 3 at 4:14 PM
| Analysts Anticipate Earthstone Energy, Inc. (ESTE) Will Post Quarterly Sales of $33.60 Million|
www.americanbankingnews.com - December 2 at 6:56 AM
|Earthstone Energy, Inc. (ESTE) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - December 1 at 6:15 AM
| Analysts Anticipate Earthstone Energy, Inc. (ESTE) to Post $0.05 EPS|
www.americanbankingnews.com - November 30 at 3:34 PM
|Earthstone Energy (ESTE) Now Covered by Analysts at Wells Fargo & Company|
www.americanbankingnews.com - November 30 at 10:26 AM
|FY2018 EPS Estimates for Earthstone Energy, Inc. (ESTE) Reduced by Imperial Capital|
www.americanbankingnews.com - November 23 at 4:30 PM
|Q1 2018 EPS Estimates for Earthstone Energy, Inc. (ESTE) Decreased by Analyst|
www.americanbankingnews.com - November 22 at 10:12 AM
|Earthstone Energy (ESTE) vs. Its Peers Head-To-Head Review|
www.americanbankingnews.com - November 21 at 11:20 AM
|Earthstone Energy (ESTE) to Sell Bakken Assets for $27M|
www.streetinsider.com - November 20 at 7:13 PM
|Contrasting Memorial Production Partners (MEMP) & Earthstone Energy (ESTE)|
www.americanbankingnews.com - November 19 at 1:38 AM
|Analyzing Earthstone Energy (ESTE) and Its Competitors|
www.americanbankingnews.com - November 18 at 5:20 PM
Earthstone Energy (NYSE:ESTE) SEC Filings
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Earthstone Energy (NYSE:ESTE) Income Statement, Balance Sheet and Cash Flow Statement
Earthstone Energy (NYSE ESTE) Stock Chart for Sunday, December, 17, 2017