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Is Fastenal Setting Up a Furious Flag Breakout?
UBS Buys Failing Credit Suisse: Will It Cause a Fed Pause?
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
Penny Stock Shows Big Potential (Ad)
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
First Republic Bank Hits New Low, Dimon Pushes for More Cash
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Penny Stock Shows Big Potential (Ad)
Is Fastenal Setting Up a Furious Flag Breakout?
UBS Buys Failing Credit Suisse: Will It Cause a Fed Pause?
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
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Penny Stock Shows Big Potential (Ad)
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
First Republic Bank Hits New Low, Dimon Pushes for More Cash
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Is Fastenal Setting Up a Furious Flag Breakout?
UBS Buys Failing Credit Suisse: Will It Cause a Fed Pause?
NYSE:ESTE

Earthstone Energy - ESTE Stock Forecast, Price & News

$11.59
-0.13 (-1.11%)
(As of 03/20/2023 12:00 AM ET)
Add
Compare
Today's Range
$11.57
$12.08
50-Day Range
$11.59
$15.14
52-Week Range
$10.65
$22.25
Volume
1.97 million shs
Average Volume
1.78 million shs
Market Capitalization
$1.63 billion
P/E Ratio
2.85
Dividend Yield
N/A
Price Target
$23.17

Earthstone Energy MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
99.9% Upside
$23.17 Price Target
Short Interest
Bearish
7.06% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-8.30
Upright™ Environmental Score
News Sentiment
1.33mentions of Earthstone Energy in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$57,250 Bought Last Quarter
Proj. Earnings Growth
15.68%
From $4.72 to $5.46 Per Share

Overall MarketRank

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

2.63 out of 5 stars

Oils/Energy Sector

93rd out of 243 stocks

Crude Petroleum & Natural Gas Industry

41st out of 78 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

Penny Stock Shows Big Potential
The $4.37 trillion wellness market and the little-known penny stock to get on radar now.
Q4 2022 Earthstone Energy Inc Earnings Call
Penny Stock Shows Big Potential
The $4.37 trillion wellness market and the little-known penny stock to get on radar now.
Earthstone Energy to Participate in Upcoming Conferences
ESTE Earthstone Energy, Inc.
HighPeak Energy: New Issue Issues Mitigated
Massive Insider Trade At Earthstone Energy
See More Headlines
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ESTE Company Calendar

Last Earnings
3/08/2023
Today
3/21/2023
Next Earnings (Estimated)
5/03/2023
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
$23.17
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+99.9%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$452.48 million
Pretax Margin
45.72%

Debt

Sales & Book Value

Annual Sales
$1.70 billion
Cash Flow
$6.33 per share
Book Value
$16.64 per share

Miscellaneous

Free Float
83,325,000
Market Cap
$1.63 billion
Optionable
Not Optionable
Beta
2.06

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Earthstone Energy in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 Wall Street analysts have issued twelve-month target prices for Earthstone Energy's shares. Their ESTE share price forecasts range from $15.00 to $35.00. On average, they expect the company's share price to reach $23.17 in the next year. This suggests a possible upside of 99.9% 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 18.6% and is now trading at $11.59.
View the best growth stocks for 2023 here
.

Are investors shorting Earthstone Energy?

Earthstone Energy saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 9,920,000 shares, an increase of 10.3% from the February 13th total of 8,990,000 shares. Based on an average daily volume of 1,380,000 shares, the days-to-cover ratio is presently 7.2 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 Wednesday, May 3rd 2023.
View our ESTE earnings forecast
.

How were Earthstone Energy's earnings last quarter?

Earthstone Energy, Inc. (NYSE:ESTE) released its earnings results on Wednesday, March, 8th. The oil and gas producer reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.09. The oil and gas producer had revenue of $494.96 million for the quarter, compared to analysts' expectations of $459.08 million. Earthstone Energy had a trailing twelve-month return on equity of 31.01% and a net margin of 26.69%. The company's quarterly revenue was up 243.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.46 earnings per share.

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 many different institutional and retail investors. Top institutional shareholders include Post Oak Energy Holdings LLC (7.99%), Macquarie Group Ltd. (1.92%), American Century Companies Inc. (1.51%), William Blair Investment Management LLC (1.26%), Millennium Management LLC (1.19%) and Dimensional Fund Advisors LP (1.19%). 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 $11.59.

How much money does Earthstone Energy make?

Earthstone Energy (NYSE:ESTE) has a market capitalization of $1.63 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 $4.07 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 3/21/2023 by MarketBeat.com Staff