The price/operating cash flow metric for Earthstone Energy Inc is higher than just 10.09% of stocks in our set with a positive cash flow.
Of note is the ratio of Earthstone Energy Inc's sales and general administrative expense to its total operating expenses; merely 7.75% of US stocks have a lower such ratio.
Earthstone Energy Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -27.85%, greater than the shareholder yield of just 13.65% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Earthstone Energy Inc are RGLD, SOI, PSB, BCEI, and REI.
Earthstone Energy focuses on the acquisition, exploration, development, and production of onshore crude oil and natural gas reserves in the United States. The company was founded in 1969 and is based in The Woodlands, Texas.
Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), announced today that its management will host a conference call on Thursday, August 6, 2020 at 12:00 p.m. Eastern (11:00 a.m. Central) to discuss the Company’s financial results for the second quarter 2020 and its outlook for the remainder of 2020. Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, 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 June 30, 2020, prior to the conference call.
Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.The following stocks are considered to be notable value stocks in the energy sector: 1. Noble Midstream Partners (NASDAQ: NBLX) - P/E: 3.15 2. Sprague Resources (NYSE: SRLP) - P/E: 9.16 3. Black Stone Minerals (NYSE: BSM) - P/E: 4.93 4. Earthstone Energy (NYSE: ESTE) - P/E: 2.76 5. Enterprise Prods Partners (NYSE: EPD) - P/E: 8.75Noble Midstream Partners saw an incre...
THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “our” or “we”), today provided an update to its operations and 2020 production guidance. Following the previously announced production curtailments for May 2020 due to historically low oil prices, beginning in June, the Company commenced returning all of its shut-in and curtailed operated wells to full production, which are currently producing at nearly 100% of capacity. Earthstone estimate
Earthstone Energy (ESTE) appears to have a reasonable amount of upside again now that its share price has fallen to around $2.50. Earthstone's hedges mean that it should be able to pay down its credit facility debt by a fair amount in 2020. While it has fewer hedges in 2021,...
Elephant Analytics on Seeking Alpha | July 15, 2020
EnerCom, Inc. is pleased to announce that registration is open for the 25th annual edition of its popular The Oil & Gas Conference® August 17th to the 19th, 2020. This year's event will allow the global energy investment community to attend digitally. EnerCom is excited to expand upon it's quarter-century of experience providing high-quality events to offer an experience that allows investors to attend from anywhere in the world.