|Bid||7.17 x 1000|
|Ask||7.23 x 1800|
|Day's Range||7.13 - 7.30|
|52 Week Range||4.21 - 11.00|
|Beta (3Y Monthly)||2.35|
|PE Ratio (TTM)||4.79|
|Earnings Date||Aug 7, 2017 - Aug 11, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.21|
Earthstone Energy, Inc. , today announced financial and operating results for the fourth quarter and year ended December 31, 2018.
Earthstone Energy, Inc. (ESTE) (“Earthstone” or the “Company”), announced today that its management will host a conference call on Wednesday, March 13, 2019 at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company’s financial results for the fourth quarter 2018 and its outlook for 2019. Prepared remarks by Frank A. Lodzinski, Chief Executive Officer, Robert J. Anderson, President, and Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer will be followed by a question and answer session. The Company intends to file its earnings press release for the period ended December 31, 2018, prior to the conference call.
I've been keeping an eye on Earthstone Energy, Inc. (NYSE:ESTE) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believeRead More...
Earthstone Energy, Inc. , today announced its year-end 2018 estimated proved reserves of approximately 98.8 MMBoe, representing a 24% increase compared to year-end 2017 proved reserves of 80.0 MMBoe.
Although the rise in daily oil equivalent production will support Gran Tierra's (GTE) bottom line in Q4, the decline in price realization for the commodity is a concern.
In 2014 Frank Lodzinski was appointed CEO of Earthstone Energy, Inc. (NYSE:ESTE). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll Read More...
The $950 million deal was set to close in the fourth or first quarter, but a weaker oil price cut into the upside of the deal for the buyer.
Earthstone Energy, Inc. (ESTE) (“Earthstone” or the “Company”), today announced that due to the recent significant decline in commodity prices and the related adverse effect on the debt and equity markets, the Company and Sabalo Holdings, LLC (“Sabalo Holdings”) have entered into an agreement to terminate the pending acquisition by the Company of Sabalo Energy, LLC under a Contribution Agreement dated as of October 17, 2018, effective immediately. In addition, the special meeting of Earthstone stockholders scheduled for January 3, 2019 to approve the acquisition has been cancelled.
NEW YORK, Nov. 28, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Earthstone Energy, Inc. , today announced financial and operating results for the three and nine months ended September 30, 2018.
Earthstone Energy, Inc. (ESTE) (“Earthstone,” the “Company,” “we” or “us”), today announced that a special meeting of stockholders will be held on January 3, 2019 at 9:00 a.m. CST at the offices of the Company, located at 1400 Woodloch Forest Drive, Suite 300, The Woodlands, Texas 77380. The purpose of the meeting will be to consider and act upon the previously announced Contribution Agreement dated October 17, 2018 (the “Contribution Agreement”), by and among Earthstone, Earthstone Energy Holdings, LLC and Sabalo Holdings, LLC, and other matters related thereto.
Earthstone Energy, Inc. (ESTE) (“Earthstone” or the “Company”), announced today that its management will host a conference call on Thursday, November 8, 2018 at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company’s financial results for the third quarter 2018 and its outlook for the remainder of 2018. Prepared remarks by Frank A. Lodzinski, Chief Executive Officer, Robert J. Anderson, President, and Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer will be followed by a question and answer session. The Company intends to file its quarterly report on Form 10-Q and issue its earnings press release for the period ended September 30, 2018, both after the close of market on Wednesday, November 7, 2018.
The deal will boost the company's footprint in the Midland Basin portion of the Permian by 69 percent. It also roughly doubles the company's current production as well as its gross operating locations in the Midland Basin.
Earthstone Energy, Inc. (ESTE) (“Earthstone”) today announced that it has entered into an agreement (the “Agreement”) with Sabalo Holdings, LLC (“Sabalo Holdings”), whereby Earthstone will acquire all of Sabalo Holdings’ interests in Sabalo Energy, LLC (“Sabalo”) and Sabalo Energy, Inc., whose assets include both producing and non-producing oil and gas assets in the northern Midland Basin. In addition, on October 17, 2018, Sabalo entered into an agreement to acquire certain well-bore interests held by Shad Permian, LLC (“Shad”), which were part of a drilling joint venture between Sabalo and Shad.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
Earthstone Energy, Inc. (ESTE) (“Earthstone” or the “Company”) today announced the closing of an acreage trade with an undisclosed operator in the Midland Basin of Texas. Earthstone has acquired 3,899 net operated acres in Reagan County with virtually a 100% working interest, in exchange for 1,222 net non-operated acres in Glasscock County with an average working interest of 39% and $27.8 million in cash, plus customary closing adjustments.
So far in this series, we’ve looked at the top four upstream companies based on analysts’ ratings. Those companies are Viper Energy Partners (VNOM), Earthstone Energy (ESTE), Ring Energy (REI), and WPX Energy (WPX). In this part of the series, we’ll look at Diamondback Energy (FANG), which is in fifth place in terms of analyst ratings.
All the analysts covering Earthstone Energy (ESTE) stock rate it a “buy.” We’ve put Viper Energy Partners (VNOM) in first place and ranked ESTE second, considering the number of analysts covering both stocks.
Viper Energy Partners (VNOM), an upstream company that isn’t directly involved in E&P (exploration and production) activities and is dependent on royalty income from its mineral interests, is Wall Street analysts’ favorite upstream company. VNOM saw two rating upgrades last month. Citigroup and Stifel Nicolaus raised their recommendations to a “buy.” Now, 100% of analysts covering the stock rate it a “buy.” VNOM’s average target price of $41.60 implies a 7% upside potential from its current price.