Earthstone Energy (ESTE) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $21.17 to $21.17
• 50-Day Range: $18.35 to $22.44
• 52-Week Range: $11.32 to $22.45
• Volume: N/A
• Average Volume: 1.51 million shs
• Market Capitalization: $2.98 billion
• P/E Ratio: 4.99
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Earthstone Energy Stock Analysis - MarketRank™

Earthstone Energy scored higher than 36% of companies evaluated by MarketBeat, and ranked 215th out of 263 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Earthstone Energy.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 47.02%

Earnings Growth

Earnings for Earthstone Energy are expected to grow by 47.02% in the coming year, from $3.36 to $4.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Earthstone Energy is 4.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of Earthstone Energy is 4.99, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.60.

Price to Book Value per Share Ratio

Earthstone Energy has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ESTE.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Earthstone Energy does not currently pay a dividend.

Dividend Growth

Earthstone Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Earthstone Energy is 4.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Earthstone Energy will have a dividend payout ratio of 2.83% next year. This indicates that Earthstone Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.1 / 5
• Environmental Score: -8.30

Short Interest

There is no current short interest data available for ESTE.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Earthstone Energy this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for ESTE on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Earthstone Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.30% of the stock of Earthstone Energy is held by insiders.

Percentage Held by Institutions

69.94% of the stock of Earthstone Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ESTE Stock Analysis - Frequently Asked Questions

How were Earthstone Energy's earnings last quarter?

Earthstone Energy, Inc. (NYSE:ESTE) announced its quarterly earnings data on Tuesday, October, 31st. The oil and gas producer reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.80 by $0.05. Earthstone Energy's revenue was down 10.5% on a year-over-year basis.

What other stocks do shareholders of Earthstone Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Earthstone Energy investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET), CrowdStrike (CRWD) and Adobe (ADBE).

Company Calendar

• Last Earnings: 10/31/2023
• Today: 11/02/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:ESTE
• Previous Symbol: NASDAQ:ESTE
• CUSIP: N/A
• CIK: 10254
• Web: www.earthstoneenergy.com
• Phone: (281) 298-4246
• Fax: 832-823-0498
• Employees: 219
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.87
• Trailing P/E Ratio: 4.99
• Forward P/E Ratio: 6.30
• P/E Growth: N/A
• Net Income: $452.48 million
• Net Margins: 25.40%
• Pretax Margin: 43.82%
• Return on Equity: 22.08%
• Return on Assets: 13.03%

Debt

• Debt-to-Equity Ratio: 0.41
• Current Ratio: 0.55
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: $1.81 billion
• Price / Sales: 1.64
• Cash Flow: $6.40 per share
• Price / Cash Flow: 3.31
• Book Value: $16.62 per share
• Price / Book: 1.27

Miscellaneous

• Outstanding Shares: 140,589,000
• Free Float: 135,950,000
• Market Cap: $2.98 billion
• Optionable: Optionable
• Beta: 2.07