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NYSE:ESTE

Earthstone Energy (ESTE) Stock Price, News & Analysis

Earthstone Energy logo

About Earthstone Energy Stock (NYSE:ESTE)

Key Stats

Today's Range
$21.17
$21.17
50-Day Range
$18.35
$22.44
52-Week Range
$11.32
$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

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.

Earthstone Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
35th Percentile Overall Score

ESTE MarketRank™: 

Earthstone Energy scored higher than 35% 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.

  • 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 128.03.

  • 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 12.50.

  • 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

    There is no current short interest data available for ESTE.
  • 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.

  • Read more about Earthstone Energy's dividend.
  • Short Interest

    There is no current short interest data available for ESTE.
  • 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.
  • 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.

  • Read more about Earthstone Energy's insider trading history.
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ESTE Stock News Headlines

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ESTE Stock Analysis - Frequently Asked Questions

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

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

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Previous Symbol
NASDAQ:ESTE
Employees
219
Year Founded
N/A

Profitability

Net Income
$452.48 million
Pretax Margin
43.82%

Debt

Sales & Book Value

Annual Sales
$1.81 billion
Cash Flow
$6.40 per share
Book Value
$16.62 per share

Miscellaneous

Free Float
135,950,000
Market Cap
$2.98 billion
Optionable
Optionable
Beta
2.07
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This page (NYSE:ESTE) was last updated on 11/2/2024 by MarketBeat.com Staff
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