ESTE Stock Analysis
ES
Uncovered
Earthstone Energy Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Earthstone Energy, Inc. is a growth-oriented independent oil and gas company. The company is headquartered in The Woodlands, Texas and currently employs 219 full-time employees. The firm is engaged in the acquisition and development of oil and gas reserves through activities that include drilling and development of undeveloped leases, as well as asset and corporate acquisitions and mergers. The firm operates through the oil and natural gas exploration and production segment. Its operations are all in the upstream segment of the oil and natural gas industry and all its properties are onshore in the United States. Its primary assets are located in the Midland Basin in West Texas and the Delaware Basin in New Mexico. The company has approximately 167,000 net acres in the Midland Basin that are highly contiguous on a project-by-project basis which allows the Company to drill multi-well pads. The firm has approximately 45,000 net acres in the Delaware Basin in New Mexico that are highly contiguous on a project-by-project basis which allows the Company to drill multi-well pads.