Press Releases

Press Releases

  • October 18, 2017
    Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company") today announced that it has priced an underwritten public offering of 4,500,000 shares of its Class A common stock to the public at $9.25 per share for total net proceeds to the Company of approximately $39.2 million, after deducting underwriting discounts, commissions and estimated offering expenses. The Company has also granted the underwriters a 30-day option to purchase upmore...
  • October 18, 2017
    Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company"), today provided an operations update. The Company estimates that production for the third quarter of 2017 was approximately 9,671 Boepd (63% oil, 82% liquids), with approximately 6,492 Boepd (62% oil, 83% liquids) coming from the Midland Basin. Production during the third quarter was impacted by offset completion activity and storm-related downtime. Three wells in the Midlandmore...
  • September 21, 2017
    Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company") announced today that the Company's management team will present at the Johnson Rice Energy Conference at The Ritz-Carlton located at 921 Canal Street in New Orleans, Louisiana, on Tuesday, September 26, 2017. The presentation materials for the event will be posted to the Company's website at www.earthstoneenergy.com. About Earthstone Earthstonemore...
  • August 9, 2017
    Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "we" or "us"), today announced financial and operating results for the three and six month periods ended June 30, 2017. Second Quarter 2017 Highlights Closed Bold Transaction on May 9, 2017 Average daily production of 7,932 Boepd Total revenue of $25.8 million Adjusted EBITDAX(1) of $15.0 millionmore...
  • August 1, 2017
    Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company") announced today that its management will host a conference call on Thursday, August 10, 2017, at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company's operations and financial results for the second quarter 2017 and its outlook for the remainder of 2017. Prepared remarks by Frank A. Lodzinski, President and Chief Executive Officer, Robert J. Anderson, Executive Vicemore...