Earthstone Energy, Inc. ESTE
21.17 0.00 (+0.00%)
At closeOct 31, 2023, 4:00 PM EDT
20.82 Day range 21.45
52-week range unavailable
- Market cap
- 2.98B
- Revenue (ttm)
- 419.64M
- Profit margin
- 8.46%
- Shares out
- 106.33M
- Forward P/E
- 5.18
- Dividend
- 0.58 (2.71%)
- Ex-dividend date
- Oct 29, 2023
- Volume
- 8.50M
- Open
- 21.04
- Previous close
- 21.17
- Day's range
- 20.82 – 21.45
- Analysts
- Buy
- Price target
- 25.67 (+21.3%)
- Earnings date
- Oct 31, 2023
1Y +5.15 (+32.15%)
Key statistics
- Enterprise value
- 1.94B
- PEG ratio
- 0.20
- Price / sales
- 7.10
- Price / book
- 2.03
- Dividend yield
- 2.71%
- Payout ratio
- 0.00%
- Revenue growth
- 292.70%
- Free cash flow
- -206.14M
- Total cash
- 4.01M
- Total debt
- 321.96M
- Return on equity
- 0.00%
- Short % of float
- 5.89%
- 50-day average
- 20.45
- 200-day average
- 15.59
Analyst view
Consensus: buy
Buy
Price target (mean) 25.67 +21.3% upside
Now 21.17
- Target (low)
- 20.00
- Target (mean)
- 25.67
- Target (high)
- 31.00
Ratings (0m) 10 9 buy · 1 hold · 0 sell
- Strong buy2
- Buy7
- Hold1
- Sell0
- Strong sell0
Next earnings
Oct 31, 2023
Expected Oct 31, 2023. Consensus EPS estimate 0.99.
Financials — quick view
ESTE Revenue — quarterly 475.82M
ESTE Net income — quarterly 61.36M
ESTE EPS — quarterly 0.58
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 31, 2023 | Sep 1, 2023 | 0.94 | — | — | — |
| Aug 2, 2023 | Jun 1, 2023 | 0.54 | — | — | — |
| May 3, 2023 | Mar 1, 2023 | 0.76 | — | — | — |
| Mar 8, 2023 | Dec 1, 2022 | 0.95 | — | — | — |
| Nov 2, 2022 | Sep 1, 2022 | 1.50 | — | — | — |
| Aug 4, 2022 | Jun 1, 2022 | 1.23 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 17, 2023 | Mizuho | main | Neutral | Neutral |
| Sep 11, 2023 | Capital One | down | Overweight | Equal-Weight |
| Aug 21, 2023 | Mizuho | reit | Neutral | Neutral |
| Aug 15, 2023 | Mizuho | main | Neutral | Neutral |
| Jul 18, 2023 | Capital One | init | — | Overweight |
| Jul 18, 2023 | Stephens & Co. | reit | Overweight | Overweight |
About Earthstone Energy, Inc.
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.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Country
- United States
- Website
- earthstoneenergy.com
News
Permian Resources Completes Acquisition of Earthstone Energy 
Earthstone Energy, Inc. Reports 2023 Third Quarter and Year-to-Date Financial Results 
Earnings Preview: Earthstone Energy (ESTE) Q3 Earnings Expected to Decline 
Should Value Investors Buy Earthstone Energy (ESTE) Stock? 
Earthstone Declares Cash Dividend 
Blank Spaces: 3 Stocks That Have Room to Grow in the Future 
Earthstone Announces Expiration of Hart-Scott-Rodino Act Waiting Period in Connection with Proposed Transaction 
EARTHSTONE ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Earthstone Energy, Inc. - ESTE 
Are Investors Undervaluing Earthstone Energy (ESTE) Right Now? 
Benzinga's Top Ratings Upgrades, Downgrades For September 12, 2023
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ANDERSON ROBERT JOHN | Chief Executive Officer | Purchase | Mar 16, 2023 | 816,009 |
| COLLINS STEVEN C. | Chief Operating Officer | Conversion of Exercise of derivative security | Feb 1, 2023 | 456,890 |
| JOLIAT JAY FREDERICK | Director | Stock Award(Grant) | Jan 5, 2023 | 239,138 |
| KRAMER PHILLIP D | Director | Stock Award(Grant) | Jan 5, 2023 | 123,950 |
| LODZINSKI FRANK ALAN | Officer and Director | Sale | Sep 26, 2023 | 0 |
| LUMPKIN MARK JR. | Chief Financial Officer | Stock Gift | Oct 11, 2023 | 288,660 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| EnCap Energy Capital Fund IX, L.P. | 18.64% | 19,819,820 | 283.23M | Jun 29, 2023 |
| Warburg Pincus LLC | 12.10% | 12,868,234 | 183.89M | Jun 29, 2023 |
| Post Oak Energy Holdings, LLC | 10.50% | 11,167,213 | 159.58M | Jun 29, 2023 |
| OnyxPoint Global Management LP | 5.46% | 5,805,004 | 82.95M | Jun 29, 2023 |
| Blackrock Inc. | 3.50% | 3,719,537 | 53.15M | Jun 29, 2023 |
| Ranger Investment Management, L.p. | 3.33% | 3,544,981 | 50.66M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Delaware Group Equity Fds V-Small Cap Core Fund | 2.25% | 2,391,893 | 28.73M | May 30, 2023 |
| SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF | 1.86% | 1,972,679 | 40.20M | Aug 30, 2023 |
| Vanguard Total Stock Market Index Fund | 1.83% | 1,944,086 | 27.78M | Jun 29, 2023 |
| American Century Small Cap Value Fund | 1.51% | 1,605,497 | 22.94M | Jun 29, 2023 |
| iShares Russell 2000 ETF | 1.22% | 1,300,252 | 26.50M | Aug 30, 2023 |
| Blair (William) Mutual Funds,Inc-Small Cap Value Fund | 0.87% | 923,271 | 18.82M | Aug 30, 2023 |