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Earthstone Energy, Inc. Message Board

  • booleansearcher booleansearcher Sep 8, 2013 9:57 PM Flag

    futures up tonite - now of course

    you can't go by that but I still say that this market is going much higher as we are definitely coming out of the disaster of the Bush years. America is one heck of place to call home -- GO AMERICA and with China now showing emergence out of their little stall things are looking solid. Boolean

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    • realinvestmentstrategies realinvestmentstrategies Sep 8, 2013 10:59 PM Flag

      You'd think with the high price of oil, now more than $109 on the NYM, and with the big boost in production announced by Truth, we'd see a more specific bump to ESTE stock.

      IMO, Truth has underestimated the next quarter. I think we'll see over $5 million in revenues and EPS of $.75, assuming no one time charges against the Nebraska project.

      • 1 Reply to realinvestmentstrategies
      • Yes my thought as "well" is that the higher energy prices (and with China showing renewed strength it should stay high) will benefit the next Q -- I still want to see us finally hit one - a solid well with Earthstone having a higher percentage stake in it as with Nebraska. I concur that this stock is undervalued but it needs that one positive igniter that puts us into another higher tier of energy producers. Ray says it will be one month before they go back in well - my brother sometimes took 4-6 weeks before he had the new babe come and stay at his house so the game is still on. Boolean

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