Earthstone Energy, Inc. (NYSE: ESTE)
Company Overview
The Woodlands, Texas-based E&P company is focused on development and production of oil and natural gas with current operations in the Midland Basin (~26,700 core net acres) and the Eagle Ford (~16,000 core net acres). The company has 195 gross producing wells and reported almost 10,000 BOEPD production in Q1.
Summary
- Q1-2018 Revenue: $41 million
- Q1-2018 Production: 9.66 MBOE/day
- Total Common Stock Outstanding: 28 million
- Enterprise Value: $707 million
- Total Debt: $30 million
- 1P Reserves: 80 MMboe
- Operating Margin: +44.80%
Management Team
Frank A. Lodzinski – CEO
Robert J. Anderson – President
Mark Lumpkin, Jr. – Executive Vice President, CFO
Steven C. Collins – Executive Vice President, Completions and Operations
Timothy D. Merrifield – Executive Vice President, Geology and Geophysics
The Oil and Gas Conference®
Earthstone Energy is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.
