Press Releases

Press Releases

  • January 16, 2019
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “our” or “we”), today provided an operations update and 2019 guidance. The Company has estimated its oil and gas sales volumes for the fourth quarter of 2018 at approximately 959,000 Boe or an average of approximately 10,430 Boepd (69% oil, 86% liquids). The Company had approximately 1,100 Boepd shut-in across 11 gross operated and three gross non-more...
  • December 21, 2018
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”), today announced that due to the recent significant decline in commodity prices and the related adverse effect on the debt and equity markets, the Company and Sabalo Holdings, LLC (“Sabalo Holdings”) have entered into an agreement to terminate the pending acquisition by the Company of Sabalo Energy, LLC under a Contribution Agreement dated as of Octobermore...
  • November 7, 2018
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “we” or “us”), today announced financial and operating results for the three and nine months ended September 30, 2018. Third Quarter 2018 Highlights Revenues of $46.1 million Average daily production of 10,766 Boepd(1) Adjusted EBITDAX(2) of $26.4 million(3) Net incomemore...
  • November 6, 2018
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone,” the “Company,” “we” or “us”), today announced that a special meeting of stockholders will be held on January 3, 2019 at 9:00 a.m. CST at the offices of the Company, located at 1400 Woodloch Forest Drive, Suite 300, The Woodlands, Texas 77380. The purpose of the meeting will be to consider and act upon the previously announced Contribution Agreement dated October 17,more...
  • November 1, 2018
    THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”), announced today that its management will host a conference call on Thursday, November 8, 2018 at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company’s financial results for the third quarter 2018 and its outlook for the remainder of 2018. Prepared remarks by Frank A. Lodzinski, Chief Executive Officer, Robert J. Anderson, President, andmore...