Earthstone Energy Past Earnings Performance
Past criteria checks 1/6
Earthstone Energy has been growing earnings at an average annual rate of 69.4%, while the Oil and Gas industry saw earnings growing at 32.8% annually. Revenues have been growing at an average rate of 58.3% per year. Earthstone Energy's return on equity is 17.1%, and it has net margins of 17.7%.
Key information
69.4%
Earnings growth rate
46.0%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 58.3% |
| Return on equity | 17.1% |
| Net Margin | 17.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance 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 01Revenue & Expenses Breakdown
How Earthstone Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 1,754 | 310 | 105 | 0 |
| 30 Jun 23 | 1,810 | 460 | 94 | 0 |
| 31 Mar 23 | 1,912 | 547 | 82 | 0 |
| 31 Dec 22 | 1,695 | 452 | 77 | 0 |
| 30 Sep 22 | 1,344 | 363 | 60 | 0 |
| 30 Jun 22 | 923 | 162 | 51 | 0 |
| 31 Mar 22 | 540 | 8 | 46 | 0 |
| 31 Dec 21 | 420 | 35 | 42 | 0 |
| 30 Sep 21 | 312 | -13 | 34 | 0 |
| 30 Jun 21 | 243 | -29 | 32 | 0 |
| 31 Mar 21 | 175 | -36 | 29 | 0 |
| 31 Dec 20 | 145 | -14 | 29 | 0 |
| 30 Sep 20 | 175 | -8 | 28 | 0 |
| 30 Jun 20 | 173 | 10 | 28 | 0 |
| 31 Mar 20 | 196 | 35 | 28 | 0 |
| 31 Dec 19 | 191 | 1 | 28 | 0 |
| 30 Sep 19 | 172 | 39 | 29 | 0 |
| 30 Jun 19 | 176 | 28 | 28 | 0 |
| 31 Mar 19 | 167 | 20 | 28 | 0 |
| 31 Dec 18 | 165 | 42 | 28 | 0 |
| 30 Sep 18 | 151 | 9 | 26 | 0 |
| 30 Jun 18 | 137 | 10 | 29 | 0 |
| 31 Mar 18 | 126 | -8 | 29 | 0 |
| 31 Dec 17 | 102 | -13 | 27 | 0 |
| 30 Sep 17 | 83 | -48 | 23 | 0 |
| 30 Jun 17 | 63 | -53 | 20 | 0 |
| 31 Mar 17 | 48 | -47 | 15 | 0 |
| 31 Dec 16 | 40 | -55 | 13 | 0 |
| 30 Sep 16 | 33 | -138 | 11 | 0 |
| 30 Jun 16 | 36 | -132 | 10 | 1 |
| 31 Mar 16 | 41 | -122 | 10 | 1 |
| 31 Dec 15 | 45 | -117 | 10 | 0 |
| 30 Sep 15 | 49 | -37 | 11 | 1 |
| 30 Jun 15 | 48 | -35 | 10 | 1 |
| 31 Mar 15 | 45 | -33 | 9 | 1 |
| 31 Dec 14 | 46 | -29 | 7 | 1 |
| 30 Sep 14 | 43 | -4 | 9 | 1 |
| 30 Jun 14 | 42 | -7 | 9 | 1 |
| 31 Mar 14 | 37 | -13 | 9 | 1 |
| 31 Dec 13 | 29 | -20 | 9 | 0 |
| 31 Dec 12 | 17 | -53 | 3 | 1 |
Quality Earnings: ESTE has a high level of non-cash earnings.
Growing Profit Margin: ESTE's current net profit margins (17.7%) are lower than last year (27%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ESTE's earnings have grown significantly by 69.4% per year over the past 5 years.
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 (-14.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-7.1%).
Return on Equity
High ROE: ESTE's Return on Equity (17.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/02 21:59 |
| End of Day Share Price | 2023/10/31 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Earthstone Energy, Inc. is covered by 25 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Campbell | Alliance Global Partners |
| Joseph Allman | Baird |
| Subhasish Chandra | Benchmark Company |