Earthstone Energy Inc. , today announced financial and operating results for the quarter and six months ended June 30, 2018. Second Quarter 2018 Highlights Revenues of $37.2 million Average daily production of 8,845 Boepd Adjusted EBITDAX of $20.5 million Net income of $1.5 million Net income attributable to Earthstone Energy Inc. of $0.7 million [...]
Earthstone Energy Inc. , announced today that its management will host a conference call on Tuesday, August 7, 2018 at 11:00 a.m. Eastern to discuss the Company’s operational and financial results for the second quarter 2018 and its outlook for the remainder of 2018. Prepared remarks by Frank A. Lodzinski, Chief Executive Officer, Robert J [...]
Earthstone Energy Inc. , today announced that the Company’s management will participate in two upcoming investor conferences. Robert Anderson, President and Mark Lumpkin, Jr., Executive Vice President & Chief Financial Officer will be meeting with investors at the 2018 RBC Capital Markets Global Energy and Power Executive Conference to be [...]
Earthstone Energy Inc. , today announced that the borrowing base under its senior secured revolving credit facility has been increased from $185 million to $225 million in connection with its regularly scheduled redetermination. The Company has also entered into an amendment to its Credit Facility, which provides for a 50-basis point decrease in [...]
Earthstone Energy Inc. , today announced financial and operating results for the quarter ended March 31, 2018. First Quarter 2018 Highlights Revenues of $40.9 million - Increased by 167% from the first quarter of 2017 - Increased by 15% from the fourth quarter of 2017 Average daily production of 9,664 Boepd - Increased by 104% from the first [...]
Earthstone Energy Inc. , announced today that its management will host a conference call on Friday, May 4, 2018 at 11:00 a.m. Eastern to discuss the Company’s operational and financial results for the first quarter 2018 and its outlook for 2018. Prepared remarks by Frank A. Lodzinski, Chief Executive Officer, Robert J. Anderson, President [...]
Earthstone Energy Inc. , announced that the Company’s Annual Meeting of Stockholders will be held on Wednesday, June 6, 2018 at 10:00 a.m. local time, at the Company’s offices located at 1400 Woodloch Forest Drive, Suite 300, The Woodlands, Texas 77380. Stockholders of record at the close of business on April 23, 2018 are entitled to [...]
Earthstone Energy Inc. , today announced the promotion of Robert J. Anderson to President, effective immediately. Mr. Anderson has served as Executive Vice President, Corporate Development and Engineering of the Company since 2014. Frank A. Lodzinski will remain Chief Executive Officer and Chairman of the Board of Directors. In addition to Mr [...]
Earthstone Energy Inc. , today announced financial and operating results for the year and fourth quarter ended December 31, 2017. In addition, the Company announced its estimated proved reserves as of December 31, 2017. Full Year 2017 Highlights • Revenue of $108.1 million -- Increased by 156% from 2016 • Average daily production of 7,869 [...]
Earthstone Energy Inc. , announced today that its management will host a conference call on Thursday, March 15, 2018 at 11:00 a.m. Eastern to discuss the Company’s operational and financial results for the full year and fourth quarter 2017 and its outlook for 2018. Prepared remarks by Frank A. Lodzinski, President and Chief Executive Officer [...]
Earthstone Energy Inc. , today provided an operations update and 2018 guidance. The Company has estimated its oil and gas sales volumes for the fourth quarter of 2017 at approximately 824,000 Boe or an average of approximately 8,955 Boepd . For the year ended December 31, 2017, the Company estimates its annual sales volumes at 2.86 million Boe, or [...]
EnerCom's Texas-based oil and gas investment conference—EnerCom Dallas—will kick off on Feb. 21, 2018. EnerCom Dallas will feature presentations from C-level executives at publicly traded and private oil and natural gas companies, as well as energy experts and analysts who will discuss global energy trends and projected economics of the [...]
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