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How to buy Earthstone Energy stock | $3.91

Own Earthstone Energy stock in just a few minutes.

Fact checked

Earthstone Energy, Inc is an oil & gas e&p business based in the US. Earthstone Energy shares (ESTE) are listed on the NYSE and all prices are listed in US Dollars. Earthstone Energy employs 69 staff and has a trailing 12-month revenue of around USD$174.6 million.

How to buy shares in Earthstone Energy

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Earthstone Energy. Find the stock by name or ticker symbol: ESTE. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Earthstone Energy reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$3.91, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Earthstone Energy, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Earthstone Energy. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Earthstone Energy share price

Use our graph to track the performance of ESTE stocks over time.

Earthstone Energy shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$3.91
52-week rangeUSD$1.44 - USD$7.23
50-day moving average USD$3.8324
200-day moving average USD$3.0841
Wall St. target priceUSD$6.96
PE ratio 8.4688
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.31

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Earthstone Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Earthstone Energy price performance over time

Historical closes compared with the close of $3.91 from 2020-12-09

1 week (2021-01-07) -35.05%
1 month (2020-12-17) -6.46%
3 months (2020-10-16) 43.22%
6 months (2020-07-16) 28.20%
1 year (2020-01-16) -29.68%
2 years (2019-01-16) -42.25%
3 years (2018-01-16) 11.6
5 years (2016-01-15) 11.77

Is Earthstone Energy under- or over-valued?

Valuing Earthstone Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Earthstone Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Earthstone Energy's P/E ratio

Earthstone Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Earthstone Energy shares trade at around 8x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Earthstone Energy's EBITDA

Earthstone Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$154.3 million.

The EBITDA is a measure of a Earthstone Energy's overall financial performance and is widely used to measure a its profitability.

Earthstone Energy financials

Revenue TTM USD$174.6 million
Operating margin TTM 3.52%
Gross profit TTM USD$150.7 million
Return on assets TTM 0.36%
Return on equity TTM -2%
Profit margin -4.41%
Book value $11.627
Market capitalisation USD$342.4 million

TTM: trailing 12 months

Shorting Earthstone Energy shares

There are currently 1.7 million Earthstone Energy shares held short by investors – that's known as Earthstone Energy's "short interest". This figure is 6.6% down from 1.8 million last month.

There are a few different ways that this level of interest in shorting Earthstone Energy shares can be evaluated.

Earthstone Energy's "short interest ratio" (SIR)

Earthstone Energy's "short interest ratio" (SIR) is the quantity of Earthstone Energy shares currently shorted divided by the average quantity of Earthstone Energy shares traded daily (recently around 178198.95506792). Earthstone Energy's SIR currently stands at 9.57. In other words for every 100,000 Earthstone Energy shares traded daily on the market, roughly 9570 shares are currently held short.

However Earthstone Energy's short interest can also be evaluated against the total number of Earthstone Energy shares, or, against the total number of tradable Earthstone Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Earthstone Energy's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Earthstone Energy shares in existence, roughly 30 shares are currently held short) or 0.0729% of the tradable shares (for every 100,000 tradable Earthstone Energy shares, roughly 73 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Earthstone Energy.

Find out more about how you can short Earthstone Energy stock.

Earthstone Energy share dividends

We're not expecting Earthstone Energy to pay a dividend over the next 12 months.

Have Earthstone Energy's shares ever split?

Earthstone Energy's shares were split on a 1:10 basis on 3 January 2011. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Earthstone Energy shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Earthstone Energy shares which in turn could have impacted Earthstone Energy's share price.

Earthstone Energy share price volatility

Over the last 12 months, Earthstone Energy's shares have ranged in value from as little as $1.44 up to $7.23. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Earthstone Energy's is 2.8399. This would suggest that Earthstone Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Earthstone Energy overview

Earthstone Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. Its asset portfolio includes the Midland Basin of west Texas and the Eagle Ford trend of south Texas. As of December 31, 2019, the company operated 103 gross Eagle Ford wells; and 13 gross Austin Chalk wells, as well as had 94,336 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 31,521 MBOE of proved developed reserves and 62,815 MBOE of proved undeveloped reserves. Earthstone Energy, Inc. was founded in 1969 and is headquartered in The Woodlands, Texas.

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