Earthstone Energy Management
Management criteria checks 3/4
Earthstone Energy's CEO is Robert Anderson, appointed in Apr 2018, has a tenure of 5.58 years. total yearly compensation is $4.26M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth $19.74M. The average tenure of the management team and the board of directors is 5.7 years and 8.9 years respectively.
Key information
Robert Anderson
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 11.6% |
| CEO tenure | 5.6yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.7yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
Permian Resources: The Best Permian Pure Play On The Market
Oct 08Earthstone Energy: Valued Fairly In Its $4.5 Billion Acquisition By Permian Resources
Aug 22Here's Why Earthstone Energy (NYSE:ESTE) Can Manage Its Debt Responsibly
Aug 16
Earthstone Energy: Still Shopping For Bargains
Jul 26Earthstone Buys Novo Oil & Gas For A Modest Price; Significant Upside For Heavily Discounted Vital Energy
Jun 18Why We Like The Returns At Earthstone Energy (NYSE:ESTE)
Jun 08Here's Why We Think Earthstone Energy (NYSE:ESTE) Is Well Worth Watching
May 23Earthstone Energy (NYSE:ESTE) Takes On Some Risk With Its Use Of Debt
May 05A Look At The Fair Value Of Earthstone Energy, Inc. (NYSE:ESTE)
Mar 07Earthstone Energy Provides 2023 Guidance After A Strong Finish To 2022
Feb 17Earthstone Energy: It Is Showtime
Dec 19Earthstone Energy: A Look At Its Potential 2023 Outlook
Dec 08Earthstone Energy Doing Well - Can It Continue?
Nov 11Earthstone Energy announces repurchase of 3M shares for $44M
Oct 12These 4 Measures Indicate That Earthstone Energy (NYSE:ESTE) Is Using Debt Extensively
Sep 19Earthstone Energy: Market Perceived Risk Climbing
Aug 28Calculating The Intrinsic Value Of Earthstone Energy, Inc. (NYSE:ESTE)
Aug 24Earthstone Energy Non-GAAP EPS of $1.29 beats by $0.01, revenue of $472.55M beats by $92.52M
Aug 04Earthstone Energy: Growth Ahead
Jul 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | US$310m |
| Jun 30 2023 | n/a | n/a | US$460m |
| Mar 31 2023 | n/a | n/a | US$547m |
| Dec 31 2022 | US$4m | US$496k | US$452m |
| Sep 30 2022 | n/a | n/a | US$363m |
| Jun 30 2022 | n/a | n/a | US$162m |
| Mar 31 2022 | n/a | n/a | US$8m |
| Dec 31 2021 | US$3m | US$448k | US$35m |
| Sep 30 2021 | n/a | n/a | -US$13m |
| Jun 30 2021 | n/a | n/a | -US$29m |
| Mar 31 2021 | n/a | n/a | -US$36m |
| Dec 31 2020 | US$4m | US$420k | -US$14m |
| Sep 30 2020 | n/a | n/a | -US$8m |
| Jun 30 2020 | n/a | n/a | US$10m |
| Mar 31 2020 | n/a | n/a | US$35m |
| Dec 31 2019 | US$3m | US$414k | US$719k |
| Sep 30 2019 | n/a | n/a | US$39m |
| Jun 30 2019 | n/a | n/a | US$28m |
| Mar 31 2019 | n/a | n/a | US$20m |
| Dec 31 2018 | US$2m | US$380k | US$42m |
| Sep 30 2018 | n/a | n/a | US$9m |
| Jun 30 2018 | n/a | n/a | US$10m |
| Mar 31 2018 | n/a | n/a | -US$8m |
| Dec 31 2017 | US$1m | US$278k | -US$13m |
| Sep 30 2017 | n/a | n/a | -US$48m |
| Jun 30 2017 | n/a | n/a | -US$53m |
| Mar 31 2017 | n/a | n/a | -US$47m |
| Dec 31 2016 | US$1m | US$235k | -US$55m |
Compensation vs Market: Robert's total compensation ($USD4.26M) is below average for companies of similar size in the US market ($USD6.59M).
Compensation vs Earnings: Robert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Robert Anderson (61 yo)
5.6yrs
Tenure
US$4,257,836
Compensation
Mr. Robert J. Anderson has been the President of Earthstone Energy, Inc. since April 2, 2018 and serves as its Chief Executive Officer since April 01, 2020 and serves as its Director since July 20, 2021. H...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.9yrs | no data | 0.16% $ 4.8m | |
| President | 5.6yrs | US$4.26m | 0.66% $ 19.7m | |
| Executive VP & CFO | 6.3yrs | US$2.66m | 0.23% $ 6.8m | |
| Executive VP & COO | 8.9yrs | US$2.66m | 0.38% $ 11.2m | |
| Executive Vice President of Accounting & Administration | 6.8yrs | US$2.66m | 0.11% $ 3.2m | |
| Executive Vice President of Geology & Geophysics | 8.9yrs | US$2.66m | 0.44% $ 13.0m | |
| Director of Investor Relations | no data | no data | no data | |
| Executive VP | 1.6yrs | no data | no data | |
| Vice President of Exploration & Development | 5.7yrs | no data | no data | |
| VP of Finance & Treasurer | less than a year | no data | no data |
5.7yrs
Average Tenure
61yo
Average Age
Experienced Management: ESTE's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.9yrs | no data | 0.16% $ 4.8m | |
| President | 2.3yrs | US$4.26m | 0.66% $ 19.7m | |
| Independent Director | 7.1yrs | US$289.90k | 0.11% $ 3.3m | |
| Director | 34.3yrs | US$234.90k | 0.59% $ 17.4m | |
| Independent Director | 8.9yrs | US$304.90k | 0.22% $ 6.5m | |
| Independent Director | 1.6yrs | no data | no data | |
| Director | 8.9yrs | no data | no data | |
| Director | 1.4yrs | no data | no data | |
| Independent Director | 8.9yrs | US$289.90k | 0.076% $ 2.3m | |
| Director | 8.9yrs | no data | no data | |
| Independent Director | 2.8yrs | US$106.25k | 0.011% $ 333.3k |
8.9yrs
Average Tenure
61yo
Average Age
Experienced Board: ESTE's board of directors are considered experienced (8.9 years average tenure).