Earthstone's 2H 2023 hedges have around negative $30 million in estimated value since it has Waha basis hedges on close to 60% of its 2H 2023 natural gas production at negative $1.67 to NYMEX.

Earthstone's net debt at the end of 2022 would be approximately 0.65x EBITDAX, allowing it to easily meet its target of 1.0x leverage. Potential 2023 Results The current strip for 2023 involves ...

Competitors' big budgets for marketing, product development and retail slotting fees don't worry Scott Corriveau, who took the helm of Santa Fe-based Earthstone two years ago. He's pretty sure ...

Earthstone Energy is taking another look at the company oil-and-gas properties in South Texas. Earthstone Energy Inc. — primarily an operator in North Dakota’s Williston Basin — has begun ...

Earthstone Energy (ESTE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is ...

Permian Resources said on Monday it would buy Earthstone Energy in an all-stock transaction valued at about $4.5 billion, including debt, boosting the shale producer's presence in the Delaware Basin.

Permian Resources said it completed its previously announced acquisition of Earthstone Energy in a news release last Wednesday, a deal first publicized in August and approved by shareholders Oct. 30.

Shares of Earthstone were up 13 percent in midday trading Monday to around $18.33. Permian Resources shares were down less than a point at around $12.85. Aug 21, 2023 | Updated Aug 21, 2023 3:54 p.m.