Earthstone Story

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ESTE -- USA Stock  

USD 6.61  0.39  5.57%

Earthstone Energy Average Assets are projected to increase significantly based on the last few years of reporting. The past year's Average Assets were at 1.06 Billion. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 94.9 M, whereas Earnings before Tax are forecasted to decline to (14.7 M). If you have been following Earthstone you may be considering purchasing. Let's check if sound basic indicators will continue to push the price to surge for Earthstone Energy's shareholders. The firm current probability of bankruptcy is under 33 percent. Will shareholders continue to be optimistic, or should we expect a sell-off?
Published over two weeks ago
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Does Earthstone Energy (NYSE:ESTE) have sound basic indicators based on the latest surge?
On a scale of 0 to 100, Earthstone Energy holds a performance score of 9. The firm shows a Beta (market volatility) of 1.3681, which means a somewhat significant risk relative to the market. Let's try to break down what Earthstone's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Earthstone Energy will likely underperform. Although it is vital to follow Earthstone Energy historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Earthstone Energy, which you can use to evaluate the performance of the firm. Please utilizes Earthstone Energy downside variance, and the relationship between the treynor ratio and kurtosis to make a quick decision on whether Earthstone Energy price patterns will revert.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Earthstone Energy income statement, its balance sheet, and the statement of cash flows. Potential Earthstone Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Earthstone Energy investors may use each financial statement separately, they are all related. The changes in Earthstone Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Earthstone Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Earthstone Energy fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Earthstone Energy performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Earthstone Energy shares is the value that is considered the true value of the share. If the intrinsic value of Earthstone is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Earthstone Energy.
Please read more on our fundamental analysis page.

What is Earthstone Asset Breakdown?

Earthstone Energy reports assets on its Balance Sheet. It represents the amount of Earthstone resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Earthstone volatility, please check the breakdown of all its fundamentals

Are Earthstone Energy Earnings Expected to grow?

The future earnings power of Earthstone Energy involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Earthstone Energy factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Earthstone Energy stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Earthstone expected earnings.

Earthstone Energy Gross Profit

Earthstone Energy Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Earthstone Energy previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Earthstone Energy Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Detailed Perspective On Earthstone Energy

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Earthstone Energy is not uncomon. There are few distinct groups of Earthstone Energy stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Earthstone is distributed among investors.

Ownership Allocation

Earthstone Energy holds a total of fourty-three million six hundred fifty thousand outstanding shares. Over half of Earthstone Energy outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Earthstone Energy. Please watch out for any change in the institutional holdings of Earthstone Energy as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Retail Investors
Retail Investors20.55

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Earthstone Energy has an asset utilization ratio of 54.55 percent. This indicates that the company is making $0.55 for each dollar of assets. An increasing asset utilization means that Earthstone Energy is more efficient with each dollar of assets it utilizes for everyday operations.

Assets Non Current
Current Assets42.97 Million3.88
Assets Non Current1.05 Billion94.66
Goodwill16.14 Million1.46

Our take on today Earthstone Energy surge

Sortino ratio is down to 0.12. It may indicate a possible volatility dip. Earthstone Energy shows above-average downside volatility for the selected time horizon. We advise investors to inspect Earthstone Energy further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Earthstone Energy future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Earthstone Energy's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Earthstone Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Take On Earthstone Energy

Although some companies within the oil & gas e&p industry are still a little expensive, even after the recent corrections, Earthstone Energy may offer a potential longer-term growth to shareholders. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither trade nor sell any shares of Earthstone Energy at this time. The Earthstone Energy risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Earthstone Energy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Earthstone Energy. Please refer to our Terms of Use for any information regarding our disclosure principles.

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