Earthstone Energy Inc. , today announced financial and operating results for the three months ended September 30, 2020. Third Quarter 2020 Highlights Average daily production of 16,959 Boepd Adjusted EBITDAX of $36.4 million All-in cash costs of $9.18 per Boe Operating Margin of $20.07 per Boe Operating portion of net cash received in settlement of [...]
Earthstone Energy Inc. , announced today that its management will host a conference call on Thursday, November 5, 2020 at 12:30 p.m. Eastern to discuss the Company’s financial results for the third quarter 2020 and its outlook for the remainder of 2020. Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, and Mark Lumpkin [...]
Earthstone Energy Inc. today provided a financial update which highlighted debt reduction achieved in the third quarter of 2020, the successful early completion of the Company’s regularly scheduled borrowing base redetermination under its senior secured revolving credit facility , and a related amendment to its Credit Facility. As of September 30 [...]
Earthstone Energy Inc. , today announced financial and operating results for the three months ended June 30, 2020. Second Quarter 2020 Highlights Average daily production of 13,555 Boepd Adjusted EBITDAX of $39.8 million All-in cash costs of $10.11 per Boe Operating Margin of $11.83 per Boe Free Cash Flow of $35.3 million Capital expenditures of [...]
Earthstone Energy Inc. , announced today that its management will host a conference call on Thursday, August 6, 2020 at 12:00 p.m. Eastern to discuss the Company’s financial results for the second quarter 2020 and its outlook for the remainder of 2020. Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, and Mark Lumpkin [...]
Earthstone Energy Inc. , today provided an update to its operations and 2020 production guidance. Following the previously announced production curtailments for May 2020 due to historically low oil prices, beginning in June, the Company commenced returning all of its shut-in and curtailed operated wells to full production, which are currently [...]
EnerCom hosts its 25th annual The Oil & Gas Conference in an innovative digital format Virtual attendance open to registrants globally Attendance fees will be waived for qualifying buyside attendees EnerCom, Inc. is pleased to announce that registration is open for the 25th annual edition of its popular The Oil & Gas Conference® August 17th to the [...]
Earthstone Energy Inc. , today announced financial and operating results for the three months ended March 31, 2020. First Quarter 2020 Highlights Average daily production of 15,767 Boepd Adjusted EBITDAX of $38.2 million All-in cash costs of $12.92 per Boe Capital expenditures of $41.8 million Net income of $36.7 million, or $0.57 per Adjusted [...]
Earthstone Energy Inc. , announced today that its management will host a conference call on Thursday, May 7, 2020 at 12:00 p.m. Eastern to discuss the Company’s financial results for the first quarter 2020 and its outlook for the remainder of 2020. Prepared remarks by Robert J. Anderson, Chief Executive Officer and President, and Mark Lumpkin, Jr [...]
Earthstone Energy Inc. announced today that the regularly scheduled redetermination of the borrowing base under its senior secured revolving credit facility has been completed with the borrowing base now set at $275 million, representing a 15% decrease from the previous borrowing base of $325 million. The next regularly scheduled redetermination of [...]
The table titled "2020 Updated Guidance Overview" has been replaced. The corrected release reads: EARTHSTONE PROVIDES UPDATED 2020 CAPITAL PLAN AND GUIDANCE Capital Expenditures Reduced by 67% Earthstone Energy Inc. , today provided an update to its 2020 operating plan and guidance based on the recent dramatic drop in oil prices. 2020 Updated [...]
Earthstone Energy Inc. , today provided an update to its 2020 operating plan and guidance based on the recent dramatic drop in oil prices. 2020 Updated Guidance With the recent drop in oil prices, the Company plans to run one rig into the second quarter of 2020 and operated completion activity will be limited to three wells currently in progress [...]