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ESTE

ESTE - Earthstone Energy Inc Stock Price, Fair Value and News

35.26USD-0.09 (-0.25%)Market Closed

Market Summary

ESTE
USD35.26-0.09
Market Closed
-0.25%

ESTE Stock Price

View Fullscreen

ESTE RSI Chart

ESTE Valuation

Market Cap

3.7B

Price/Earnings (Trailing)

11

Price/Sales (Trailing)

2.08

EV/EBITDA

5.4

Price/Free Cashflow

3.39

ESTE Price/Sales (Trailing)

ESTE Profitability

EBT Margin

30.75%

Return on Equity

18.24%

Return on Assets

6.46%

Free Cashflow Yield

29.5%

ESTE Fundamentals

ESTE Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

-10.48%

Rev. Growth (Qtr)

28.6%

ESTE Earnings

Earnings (TTM)

332.3M

Earnings Growth (Yr)

-70.98%

Earnings Growth (Qtr)

-25.58%

Breaking Down ESTE Revenue

Last 7 days

-1.8%

Last 30 days

-6.2%

Last 90 days

30.9%

Trailing 12 Months

161.8%

How does ESTE drawdown profile look like?

ESTE Financial Health

Current Ratio

0.47

Debt/Equity

0.95

Debt/Cashflow

0.63

ESTE Investor Care

Shares Dilution (1Y)

0.87%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.9B1.8B1.8B0
2022540.2M923.1M1.3B1.7B
2021175.0M243.0M312.3M419.6M
2020195.7M172.8M174.6M144.5M
2019165.2M172.6M165.7M191.3M
2018133.6M145.0M159.8M165.4M
201750.8M66.8M87.6M108.1M
201643.0M36.0M33.4M42.3M
201547.2M51.8M52.9M47.5M
201424.4M33.0M40.4M47.6M
201311.4M12.6M14.5M16.1M
201211.7M11.5M11.8M10.8M
20118.2M9.0M9.5M11.4M
20100000

Tracking the Latest Insider Buys and Sells of Earthstone Energy Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 01, 2023
oviedo tony
acquired
-
-
478,180
evp and pao
Nov 01, 2023
oviedo tony
back to issuer
-
-
-688,935
evp and pao
Nov 01, 2023
collins steven c.
acquired
-
-
487,000
evp and coo
Nov 01, 2023
collins steven c.
back to issuer
-
-
-993,533
evp and coo
Nov 01, 2023
collins steven c.
acquired
-
-
61,260
evp and coo
Nov 01, 2023
joliat jay frederick
back to issuer
-
-
-106,450
-
Nov 01, 2023
anderson robert john
acquired
-
-
878,280
president and ceo
Nov 01, 2023
lumpkin mark jr
back to issuer
-
-
-836,920
evp and cfo
Nov 01, 2023
kramer phil d
back to issuer
-
-
-123,950
-
Nov 01, 2023
joliat jay frederick
back to issuer
-
-
-42,688
-

1–10 of 50

Which funds bought or sold ESTE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 03, 2024
HUNTINGTON NATIONAL BANK
unchanged
-
-
21.00
-%
May 01, 2024
Blue Trust, Inc.
sold off
-100
-5,000
-
-%
Feb 14, 2024
Coppell Advisory Solutions LLC
sold off
-100
-626
-
-%
Jan 29, 2024
Smith, Graham & Co., Investment Advisors, LP
sold off
-100
-10,361,500
-
-%
Nov 14, 2023
Icon Wealth Partners, LLC
new
-
2,024,000
2,024,000
0.23%
Nov 14, 2023
Quantamental Technologies LLC
added
40.06
184,931
372,902
0.35%
Oct 23, 2023
Steward Financial Group LLC
new
-
-
-
-%
Apr 18, 2023
ETF MANAGERS GROUP, LLC
new
-
443,043
443,043
0.01%
Feb 14, 2023
ROTHSCHILD & CO ASSET MANAGEMENT US INC.
reduced
-0.4
618,970
4,731,970
0.07%
Feb 06, 2023
Brinker Capital Investments, LLC
reduced
-30.42
-62,986
259,014
-%

1–10 of 18

Are Funds Buying or Selling ESTE?

Are funds buying ESTE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ESTE
No. of Funds

Unveiling Earthstone Energy Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
onyxpoint global management lp
0%
0
SC 13G/A
Nov 03, 2023
bold energy holdings, llc
-
0
SC 13D/A
Aug 23, 2023
bold energy holdings, llc
24.20%
33,956,524
SC 13D/A
Aug 23, 2023
cypress investments, llc
10.4%
11,017,213
SC 13D/A
Aug 09, 2023
warburg pincus private equity (e&p) xi-a, l.p.
0.0%
0
SC 13G/A
Feb 14, 2023
warburg pincus private equity (e&p) xi-a, l.p.
0.99%
1,039,611
SC 13G/A
Feb 08, 2023
state street corp
5.38%
5,674,136
SC 13G
Feb 01, 2023
bighorn permian resources, llc
0.2%
255,319
SC 13G/A
Jan 10, 2023
onyxpoint global management lp
5.22%
5,504,043
SC 13G
Oct 12, 2022
cypress investments, llc
10.5%
11,017,213
SC 13D/A

Peers (Alternatives to Earthstone Energy Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
430.3B
341.1B
-7.97% 3.06%
13.12
1.26
-16.75% -46.83%
281.1B
198.9B
-6.43% -3.61%
13.85
1.41
-18.05% -43.28%
53.1B
27.7B
-5.55% 2.46%
12.28
1.92
-22.75% -55.41%
15.4B
6.6B
3.25% 17.22%
10.74
2.34
-17.48% -47.38%
11.2B
6.4B
-6.73% 4.39%
10.56
1.73
-54.63% -85.10%
MID-CAP
8.6B
2.2B
-4.13% 27.12%
17.75
3.89
-62.59% -77.29%
3.8B
2.5B
0.78% 42.43%
3.7
1.48
-6.59% -31.79%
3.2B
2.7B
-15.01% -7.18%
9.15
1.18
2.93% 8.77%
2.5B
1.7B
-13.46% -16.77%
11.07
1.42
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
231.3M
304.0M
-4.89% -14.49%
7.56
0.76
-28.78% -93.34%
137.6M
257.2M
-25.30% -54.88%
-3.11
0.54
7.59% 61.82%
75.7M
205.5M
-18.73% -26.87%
-1.33
0.37
-40.02% -142.55%
65.7M
2.8B
-8.57% -26.86%
38.36
0.02
-15.01% 137.22%
25.2M
24.4M
-7.38% -7.04%
-7.75
1.03
-16.16% -245.04%

Earthstone Energy Inc News

Latest updates
Yahoo News UK06 Jun 202408:11 am

Earthstone Energy Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue28.6%47637041349553147319614411090.0076.0037.0041.0022.0045.0067.0039.0045.0041.0041.0046.00
Costs and Expenses13.5%29225725125922616693.0070.0056.0053.0051.0041.0046.0037.0010648.0030.0032.0030.0049.0027.00
  S&GA Expenses32.6%27.0020.0018.0034.0014.0014.0012.0017.008.009.008.009.006.007.007.008.006.007.007.009.005.00
EBITDA Margin-17.0%0.57*0.68*0.70*0.65*0.64*0.49*0.28*0.43*0.25*0.20*0.13*0.49*0.53*0.68*0.85*0.41*0.92*0.72*0.61*0.89*0.36*
Interest Expenses-----8.005.005.003.003.002.002.001.001.001.002.002.001.002.001.001.000.00
Income Taxes4.9%19.0018.0019.0043.0061.0023.00-1.532.000.00-0.49-0.31-0.220.00-1.111.001.001.001.00-0.502.000.00
Earnings Before Taxes5.6%106101105228360241-53.4171.0019.00-16.32-10.86-18.60-11.73-37.0238.00-4.7027.0020.00-38.9083.001.00
EBT Margin-29.8%0.31*0.44*0.49*0.46*0.46*0.30*0.04*0.15*-0.08*-0.24*-0.45*-0.20*-0.09*0.13*0.41*0.02*0.55*0.38*0.28*0.59*0.08*
Net Income-25.6%61.0082.0086.00102211218-51.8840.0010.00-15.83-10.56-8.47-5.44-16.3417.00-2.6212.009.00-17.2032.000.00
Net Income Margin-28.9%0.19*0.27*0.32*0.28*0.31*0.23*-0.03*0.06*-0.08*-0.17*-0.23*-0.09*-0.04*0.06*0.18*0.00*0.21*0.14*0.10*0.28*0.10*
Free Cashflow30.5%28521825831636525583.0084.0054.0055.0038.0027.0048.009.0049.0041.0030.0048.007.006.0043.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets24.9%5,1474,1203,9833,9373,8923,2912,3211,5561,4251,2781,2291,0051,0321,0691,1431,1261,0991,0171,0061,004898
  Current Assets26.7%26821220024625126911761.0050.0043.0044.0035.0056.0056.0010160.0055.0043.0050.0064.0036.00
    Cash Equivalents-66.5%17.0050.00----0.004.000.000.001.001.005.002.005.0014.0010.006.000.000.0013.00
  Net PPE-----5.003.002.002.002.001.001.001.001.001.001.001.001.001.001.001.001.00
  Goodwill----------------18.0018.0018.0018.0018.0018.00
  Current Liabilities50.5%57638338537639043238615115513191.0055.0050.0039.0095.0010011579.0079.0082.0095.00
  Long Term Debt68.6%1,7221,0229921,0541,175-62432027824122311513016915217012511012179.0035.00
    LT Debt, Non Current68.6%1,7221,0229921,0541,175-62432027824122311513016915217012511012179.0035.00
Shareholder's Equity-26.9%1,8212,4922,4081,6392,1741,8191,2421,046950868882816832841875836840812790826744
  Retained Earnings14.9%473411353293163-48.37-193-159-199-209-201-195-186-181-165-181-179-190-199-182-218
  Additional Paid-In Capital0.2%1,3491,3461,3441,3461,3821,326967718691627625540538535533527523521519517513
Accumulated Depreciation----5.005.005.005.005.004.004.004.004.000.003.003.003.003.003.003.002.002.00
Shares Outstanding-24.5%10614114114010571.0063.0047.0045.0044.0043.0030.0030.0030.0029.0029.0029.0029.0029.0028.0028.00
Minority Interest3.5%761735710685629541468488459451458471481488507490495481471492450
Float------586---264---65.00---134---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations30.5%28521825831636525583.0084.0054.0055.0038.0027.0048.009.0049.0041.0030.0048.007.006.0043.00
  Share Based Compensation85.4%15.008.005.0020.003.006.006.0010.003.004.003.002.002.003.003.002.002.002.002.002.002.00
Cashflow From Investing-414.2%-1,012-196-180-149-601-836-380-120-89.20-72.43-143-15.23-5.38-28.21-38.98-79.55-41.10-31.47-48.49-62.35-46.05
Cashflow From Financing2381.5%69528.00-77.58-16623658129441.0035.0016.00105-15.38-38.7516.00-18.2943.0015.00-11.4041.0043.0012.00
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ESTE Income Statement

2023-09-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES    
Total revenues$ 475,816$ 531,495$ 1,258,960$ 1,200,196
OPERATING COSTS AND EXPENSES    
Lease operating expense101,15675,829276,736147,974
Production and ad valorem taxes38,41940,219103,37787,729
Depreciation, depletion and amortization123,05990,880343,799191,669
Impairment expense008540
General and administrative expense26,50814,18864,07940,571
Transaction costs1,5031,7781,90412,118
Accretion of asset retirement obligation6837581,9581,863
Exploration expense4882,2487,0362,340
Total operating costs and expenses291,816225,900799,743484,264
Gain on sale of oil and gas properties1,29014,80347,40414,803
Income from operations185,290320,398506,621730,735
OTHER INCOME (EXPENSE)    
Interest expense, net(34,232)(20,988)(79,180)(42,931)
Write-off of deferred financing costs00(5,109)0
(Loss) gain on derivative contracts, net(45,047)60,286(111,820)(141,101)
Other income, net70134882430
Total other income (expense)(79,209)39,432(195,227)(183,602)
Income before income taxes106,081359,830311,394547,133
Income tax expense(18,930)(60,518)(55,584)(81,673)
Net income87,151299,312255,810465,460
Less: Net income attributable to noncontrolling interest25,79387,85675,862142,597
Net income attributable to Earthstone Energy, Inc.$ 61,358$ 211,456$ 179,948$ 322,863
Net income per common share attributable to Earthstone Energy, Inc.:    
Basic (in dollars per share)$ 0.58$ 2.01$ 1.69$ 3.91
Diluted (in dollars per share)$ 0.57$ 1.94$ 1.67$ 3.61
Weighted average common shares outstanding:    
Basic (in shares)106,332,278105,254,778106,172,87382,483,635
Diluted (in shares)108,285,229109,278,661107,741,70492,844,854
Oil    
REVENUES    
Total revenues$ 366,574$ 332,036$ 978,949$ 756,420
Natural gas    
REVENUES    
Total revenues39,275113,93789,942233,020
Natural gas liquids    
REVENUES    
Total revenues$ 69,967$ 85,522$ 190,069$ 210,756

ESTE Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 16,592$ 0
Accounts receivable:  
Oil, natural gas, and natural gas liquids revenues177,353161,531
Joint interest billings and other, net of allowance of $19 and $19 at September 30, 2023 and December 31, 2022, respectively32,57434,549
Derivative asset1,54231,331
Prepaid expenses and other current assets40,32318,854
Total current assets268,384246,265
Oil and gas properties, successful efforts method:  
Proved properties5,488,8443,987,901
Unproved properties305,706282,589
Land6,3385,482
Total oil and gas properties5,800,8884,275,972
Accumulated depreciation, depletion and amortization(955,434)(619,196)
Net oil and gas properties4,845,4543,656,776
Other noncurrent assets:  
Office and other equipment, net of accumulated depreciation of $6,601 and $5,273 at September 30, 2023 and December 31, 2022, respectively6,7245,394
Derivative asset5079,117
Operating lease right-of-use assets6,5734,569
Other noncurrent assets18,91315,280
TOTAL ASSETS5,146,5553,937,401
Current liabilities:  
Accounts payable61,99591,815
Revenues and royalties payable209,589163,368
Accrued expenses221,36680,942
Asset retirement obligation415948
Derivative liability50,36914,053
Advances6,3387,312
Operating lease liabilities923842
Finance lease liabilities1,359802
Other current liabilities23,68916,202
Total current liabilities576,043376,284
Noncurrent liabilities:  
Long-term debt, net1,722,0661,053,879
Deferred tax liability193,266138,336
Asset retirement obligation32,21029,611
Derivative liability7,6120
Operating lease liabilities3,2863,889
Finance lease liabilities1,538876
Other noncurrent liabilities28,63310,509
Total noncurrent liabilities1,988,6111,237,100
Commitments and Contingencies (Note 13)
Equity:  
Preferred stock, $0.001 par value, 20,000,000 shares authorized; none issued or outstanding00
Additional paid-in capital1,348,5801,346,463
Retained earnings472,659292,711
Total Earthstone Energy, Inc. equity1,821,3791,639,314
Noncontrolling interest760,522684,703
Total equity2,581,9012,324,017
TOTAL LIABILITIES AND EQUITY5,146,5553,937,401
Class A Common Stock  
Equity:  
Common stock106106
Class B Common Stock  
Equity:  
Common stock$ 34$ 34
ESTE
Earthstone Energy, Inc., operates as an independent oil and gas company in the United States. It engages in the acquisition and development of oil and gas reserves through drilling and development of undeveloped leases, as well as asset and corporate acquisitions and mergers. The company's asset portfolio includes the Midland Basin in West Texas, Delaware Basin in New Mexico, and the Eagle Ford trend located in southern Gonzales County, Texas. Earthstone Energy, Inc. was incorporated in 1969 and is headquartered in The Woodlands, Texas.
 CEO
 WEBSITEearthstoneenergy.com
 INDUSTRYOil - E&P
 EMPLOYEES219

Earthstone Energy Inc Frequently Asked Questions


What is the ticker symbol for Earthstone Energy Inc? What does ESTE stand for in stocks?

ESTE is the stock ticker symbol of Earthstone Energy Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Earthstone Energy Inc (ESTE)?

As of Fri Jun 14 2024, market cap of Earthstone Energy Inc is 3.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ESTE stock?

You can check ESTE's fair value in chart for subscribers.

What is the fair value of ESTE stock?

You can check ESTE's fair value in chart for subscribers. The fair value of Earthstone Energy Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Earthstone Energy Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ESTE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Earthstone Energy Inc a good stock to buy?

The fair value guage provides a quick view whether ESTE is over valued or under valued. Whether Earthstone Energy Inc is cheap or expensive depends on the assumptions which impact Earthstone Energy Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ESTE.

What is Earthstone Energy Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, ESTE's PE ratio (Price to Earnings) is 11 and Price to Sales (PS) ratio is 2.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ESTE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Earthstone Energy Inc's stock?

In the past 10 years, Earthstone Energy Inc has provided 0.006 (multiply by 100 for percentage) rate of return.