Press Releases

Press Releases

  • February 8, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported net income of $370,000, $0.22 per diluted share, on revenue of $2.8 million for the third quarter of fiscal 2013 compared to net income of $1,152,000, $0.68 per diluted share, on revenue of $3.9 million for the third quarter of fiscal 2012. For the nine months ending December 2012, the Company reported net income of $1,126,000, $0.65 per diluted share, on revenue of $8.0 million compared to netmore...
  • January 3, 2013
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported today that, on December 21, 2012, it established a new bank credit facility with The Bank of Oklahoma, located in Denver, Colorado. This facility replaces the Company's previous line-of-credit with American National Bank that expired on December 31, 2010. Under the terms of its new loan agreement the Company has a twenty five million dollar ($25,000,000) line of credit with an initial borrowingmore...
  • December 13, 2012
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported that, effective as of December 11, 2012, James M. Poage resigned as the Company's interim Chief Financial Officer. Mr. Poage cited other business opportunities for his resignation and had no disagreements with the Company. Mr. Poage is expected to continue his association with the Company; primarily in the area of SOX compliance. Following this development, on December 12, 2012, themore...
  • November 13, 2012
    EARTHSTONE ENERGY, INC. (NYSE MKT: ESTE) reported net income of $486,000, or $0.28 per diluted share, on revenue of $2,809,000 for the second quarter of fiscal 2013, ended September 30, 2012 (2012). This compares to net income of $728,000, or $0.43 per diluted share, on revenue of $2,545,000 for the quarter ended September 30, 2011 (2011). For the first half of fiscal year 2013, the Company reported net income of $756,000, or $0.44 per share, onmore...