Earthstone Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. More Details
Undervalued with adequate balance sheet.
Share Price & News
How has Earthstone Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ESTE's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: ESTE exceeded the US Oil and Gas industry which returned -45.9% over the past year.
Return vs Market: ESTE underperformed the US Market which returned 18.3% over the past year.
Price Volatility Vs. Market
How volatile is Earthstone Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StRead This Before Buying Earthstone Energy, Inc. (NYSE:ESTE) Shares
3 weeks ago | Simply Wall StEarthstone Energy's(NYSE:ESTE) Share Price Is Down 83% Over The Past Five Years.
1 month ago | Simply Wall StAre Earthstone Energy's (NYSE:ESTE) Statutory Earnings A Good Guide To Its Underlying Profitability?
Is Earthstone Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ESTE ($2.72) is trading below our estimate of fair value ($4.99)
Significantly Below Fair Value: ESTE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ESTE is poor value based on its PE Ratio (8.4x) compared to the US Oil and Gas industry average (7.7x).
PE vs Market: ESTE is good value based on its PE Ratio (8.4x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: ESTE is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: ESTE is good value based on its PB Ratio (0.2x) compared to the US Oil and Gas industry average (0.8x).
How is Earthstone Energy forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ESTE's forecast earnings growth (21.2% per year) is above the savings rate (2.2%).
Earnings vs Market: ESTE's earnings (21.2% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ESTE's revenue (4.5% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: ESTE's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ESTE's Return on Equity is forecast to be high in 3 years time
How has Earthstone Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESTE has a large one-off loss of $15.4M impacting its June 30 2020 financial results.
Growing Profit Margin: ESTE's current net profit margins (5.5%) are lower than last year (15.9%).
Past Earnings Growth Analysis
Earnings Trend: ESTE has become profitable over the past 5 years, growing earnings by 61.6% per year.
Accelerating Growth: ESTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ESTE had negative earnings growth (-66.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-36.5%).
Return on Equity
High ROE: ESTE's Return on Equity (2.5%) is considered low.
How is Earthstone Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ESTE's short term assets ($56.2M) exceed its short term liabilities ($39.1M).
Long Term Liabilities: ESTE's short term assets ($56.2M) do not cover its long term liabilities ($188.4M).
Debt to Equity History and Analysis
Debt Level: ESTE's debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: ESTE's debt to equity ratio has increased from 3.6% to 20.1% over the past 5 years.
Debt Coverage: ESTE's debt is well covered by operating cash flow (75.7%).
Interest Coverage: ESTE's interest payments on its debt are well covered by EBIT (5.6x coverage).
What is Earthstone Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ESTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ESTE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ESTE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ESTE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ESTE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Anderson (58 yo)
Mr. Robert J. Anderson has been the President of Earthstone Energy, Inc. since April 2, 2018 and serves as Chief Executive Officer since April 01, 2020. Mr. Anderson has served as Executive Vice President ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD2.71M) is above average for companies of similar size in the US market ($USD1.24M).
Compensation vs Earnings: Robert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive Chairman||5.83yrs||US$3.79m||0.42% |
|CEO & President||0.50yr||US$2.71m||0.82% |
|Executive Vice President of Completions & Operations||5.83yrs||US$1.68m||0.49% |
|Executive VP & CFO||3.17yrs||US$545.48k||0.33% |
|Executive Vice President of Accounting & Administration||3.67yrs||US$842.15k||0.20% |
|Executive Vice President of Geology & Geophysics||5.83yrs||US$1.32m||0% |
|Vice President of Exploration & Development||2.58yrs||no data||no data|
|VP of Financial Reporting & Tax and Corporate Secretary||no data||no data||no data|
|Vice President of Finance||3.5yrs||no data||no data|
Experienced Management: ESTE's management team is considered experienced (3.3 years average tenure).
|Executive Chairman||5.83yrs||US$3.79m||0.42% |
|Independent Director||4yrs||US$228.08k||0.16% |
|Independent Director||5.83yrs||US$233.08k||0.53% |
|Director||5.83yrs||no data||no data|
|Independent Director||5.83yrs||US$213.08k||0.035% |
|Director||3.42yrs||no data||no data|
|Independent Director||5.83yrs||no data||no data|
Experienced Board: ESTE's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Earthstone Energy, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Earthstone Energy, Inc.
- Ticker: ESTE
- Exchange: NYSE
- Founded: 1969
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$177.030m
- Market Cap: US$81.793m
- Shares outstanding: 65.08m
- Website: https://www.earthstoneenergy.com
Number of Employees
- Earthstone Energy, Inc.
- 1400 Woodloch Forest Drive
- Suite 300
- The Woodlands
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ESTE||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Dec 1972|
|BSC2||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Dec 1972|
Earthstone Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. Its asset portfolio incl ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/25 00:24|
|End of Day Share Price||2020/10/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.