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Earthstone Energy Inc.
67 articles mentioning Earthstone Energy Inc. · Page 1 of 4
Earthstone Energy, Inc., First Quarter 2023 Results
Earthstone Energy, Inc., announced first quarter 2023 results. Highlights Average daily production of 104,450 Boepd(1), up 194% from Q1 2022 Net income(2) of $86.2 million, and Adjusted Net Income(3) of $109.1 million Adjusted EBITDAX(3) of $266.9...
Earthstone Energy Talks 2022 Results; Plans Five-Rig Program for 2023
Earthstone Energy, Inc. announced financial and operating results for the quarter and year ended December 31, 2022. 2023 Guidance The Company reaffirms its guidance released on February 16, 2023 as presented below. The Company's 2023 capital...
Earthstone Energy Third Quarter 2022 Results
Earthstone Energy, Inc. reported its third quarter 2022 results. Third Quarter 2022 and Other Recent Highlights: Repurchase of 3 million shares of Class A Common Stock for $43.7 million Closed the Titus Acquisition on August 10,...
Earthstone Energy's Credit Line Increased 21% to $1.7B
In conjunction with the closing of its recent Permian acquisition, Earthstone Energy has announced the closing of an amendment to the Company's senior secured credit facility. The lenders have increased the borrowing base from $1.4 billion...
Earthstone Energy Wraps Up $575MM Permian Acquisition
Earthstone Energy, Inc. has closed the acquisition of the New Mexico assets of Titus Oil & Gas Production, LLC and Titus Oil & Gas Production II, LLC and their affiliates located in the northern Delaware Basin....
Earthstone Energy Second Quarter 2022 Results
Earthstone Energy, Inc. announced financial and operating results for the three and six months ended June 30, 2022. Second Quarter 2022 Highlights: Executed the Titus Acquisition PSAs on June 27, 2022, which are expected to close...
Earthstone's Credit Line Increased 6% to $1.4 Billion
Earthstone Energy Inc. has entered into an amendment to the Company's senior secured revolving credit facility, extending the maturity of the Credit Facility to June 2027, increasing the Borrowing Base from $1.325 billion to $1.4 billion...
Earthstone Energy First Quarter 2022 Results
Earthstone Energy, Inc. announced financial and operating results for the three months ended March 31, 2022. First Quarter 2022 Highlights: Executed the Bighorn Acquisition PSA(1) on January 30, 2022, which closed subsequent to quarter-end on April...
Earthstone Energy FInalizes Bighorn Permian Acquisition
Earthstone Energy, Inc. has closed the acquisition of assets of privately held Bighorn Permian Resources LLC in the Midland Basin. The Company also announced the closing of a $550 million private offering of senior unsecured notes,...
Earthstone Energy Fourth Quarter, Full Year 2021 Results
Earthstone Energy, Inc. announced financial and operating results for the quarter and year ended December 31, 2021. Fourth Quarter 2021 Highlights: Executed the Chisholm Acquisition PSA on December 15, 2021 which closed subsequent to year-end on...
Earthstone Energy Talks 2022 Capex, Well Plans; Focus on the Permian
Earthstone Energy has detailed its 2022 capital plan. 2022 Plan - Capex: $410-440 million - up 215% vs. 2021 Operated D&C: $365-390 million Non-OP D&C Capex: $20-25 million Leasehold, Land: $25 million - D&C Capex by...
Earthstone Energy Preliminary Fourth Quarter Results, Reserves
Earthstone Energy, Inc. provided an operations update, released 2022 guidance and announced its year-end 2021 estimated proved reserves. The Company has estimated its oil and gas sales volumes for the fourth quarter of 2021 to be...
Earthstone Energy Details 2022 Capital Plan (Pro Forma Acquisitions)
Earthstone Energy has outlined its 2022 capital plan - pro forma its acquisitions of Chisholm and Bighorn Permian. 2022 Plan: Capex: $410-440 million Production: 76-80 mboepd Earthstone spent $135 million in 2021.
Earthstone Energy Third Quarter 2021 Results
Earthstone Energy, Inc. reported its Q3 2021 results. Third Quarter 2021 Highlights: Executed the Foreland Acquisition PSAs(1) on September 30, 2021, which closed subsequent to quarter end on November 2, 2021 Closed the Tracker Acquisition(2) on...
Earthstone Energy Wraps Up Deal for Midland Basin Assets
Earthstone Energy Inc. has completed the previously announced acquisition of privately held operated assets located in the Midland Basin from Foreland Investments LP. The aggregate purchase price of the Foreland Acquisition was approximately $73.2 million at...
Earthstone Energy Sees $100MM Increase to Borrowing Base
Earthstone Energy Inc. announced that it has entered into an amendment to its senior secured revolving credit facility under which the borrowing base has been increased from $550 million to $650 million in connection with its...
Earthstone Energy Second Quarter 2021 Results
Earthstone Energy, Inc. reported its Q2 2021 results. Second Quarter 2021 Highlights: Announced the Tracker Acquisition(1) which closed subsequent to quarter end on July 20, 2021 Closed Eagle Ford working interest acquisitions in May and June...
Earthstone Energy First Quarter 2021 Results
Earthstone Energy, Inc. reported its Q1 2021 results. Year-to-Date 2021 Highlights: Closed the IRM Acquisition(1) on January 7, 2021 Signed the Tracker/Sequel Purchase Agreements(2) on March 31, 2021 with an anticipated closing early in the third...
Earthstone Ups Spending 42% for 2021
Earthstone Energy, Inc. reported its Q4/full year 2020 results as well as its 2021 guidance. 2021 Plan - Capex: $90-100 million - up 42% vs. 2020 levels of $66.8MM D&C: $80-90 million Land & Infrastructure: $10...
Earthstone Talks 2020 Capital Plan; Spending Up 73% from 2020
Earthstone Energy Inc. provided an operations update, released 2021 guidance and announced its year-end 2020 estimated proved reserves. 2021 Guidance 2021 Capex: $90-100 million - up 73% from 2020 Production: 19,500-21,000 boepd (53% oil) - up...