ESTE earnings

MIDLAND, Texas and THE WOODLANDS, Texas, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) and Earthstone Energy, Inc. ("Earthstone Energy" or "Earthstone") (NYSE:ESTE) today announced that they have entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone's net debt. Under the terms of the transaction, each share of Earthstone common stock will be exchanged for a fixed ratio of 1.446 shares of Permian Resources common stock. The transaction strengthens Permian Resources' position as a leading Delaware Basi

Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) and Earthstone Energy, Inc. ("Earthstone Energy" or "Earthstone") (NYSE:ESTE) today announced that they have entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone's net debt. Under the terms of the transaction, each share of Earthstone common stock will be exchanged for a fixed ratio of 1.446 shares of Permian Resources common stock. The transaction strengthens Permian Resources' position as a leading Delaware Basin independent E&P with over 400,000 Permian net acres, pro forma production

THE WOODLANDS, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three and six months ended June 30, 2023. Second Quarter 2023 Highlights Announced the Novo Acquisition for $1 billion on June 15, 2023, which is expected to close on August 15, 2023Achieved record average daily production of 105,493 Boepd(1) (42% oil), which exceeded the mid-point of full-year 2023 production guidance by 5.5%Net income(2) of $82.4 million, and Adjusted Net Income(3) of $75.6 millionAdjusted EBITDAX(3) of $238.8 millionNet cash provided by operating activities of $218.4 mill

THE WOODLANDS, Texas, July 25, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday, August 3, 2023, at 2:00 p.m. Eastern (1:00 p.m. Central) to discuss the Company's financial results for the second quarter 2023. Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer, and Steven C. Collins, Executive Vice President and Chief Operating Officer, will be followed by a question and answer session. The Company intends to file its earnings press release for the period ended June 3

THE WOODLANDS, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three months ended March 31, 2023. First Quarter 2023 Highlights Average daily production of 104,450 Boepd(1), up 194% from Q1 2022Net income(2) of $86.2 million, and Adjusted Net Income(3) of $109.1 millionAdjusted EBITDAX(3) of $266.9 million, up 117% from Q1 2022Net cash provided by operating activities of $258.3 millionFree Cash Flow(3) of $41.8 million, up 17% from Q1 2022Reduced Long-term debt by $62.0 millionCapital expenditures of $202.3 million(1) Represents reported sales volumes.(2

THE WOODLANDS, Texas, April 27, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday, May 4, 2023, at 1:00 p.m. Eastern (12:00 p.m. Central) to discuss the Company's financial results for the first quarter 2023. Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer, and Steven C. Collins, Executive Vice President and Chief Operating Officer, will be followed by a question and answer session. The Company intends to file its earnings press release for the period ended March 31

THE WOODLANDS, Texas, March 08, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we" or "us"), today announced financial and operating results for the quarter and year ended December 31, 2022. Fourth Quarter 2022 Highlights Repurchased 3 million shares of Class A Common Stock for $43.7 millionNet income(1) of $185.2 million and Adjusted net income(2) of $147.2 millionAdjusted EBITDAX(2) of $338.0 million, up 296% compared to Q4 2021Net cash provided by operating activities of $315.7 millionFree Cash Flow(2) of $134.5 million, up 372% compared to Q4 2021Reduced debt under our revolving credit facility by $121.6 millionAverage daily production of

THE WOODLANDS, Texas, March 02, 2023 (GLOBE NEWSWIRE) -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday, March 9, 2023 at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company's financial results for the fourth quarter 2022, full year 2022 and its outlook for 2023. Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer and Steven C. Collins, Executive Vice President and Chief Operating Officer, will be followed by a question and answer session. The Company intends to file its earnings

THE WOODLANDS, Texas, Nov. 2, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three and nine months ended September 30, 2022. Third Quarter 2022 and Other Recent Highlights Repurchase of 3 million shares of Class A Common Stock for $43.7 millionClosed the Titus Acquisition on August 10, 2022Net income attributable to Earthstone Energy, Inc. of $211.5 million, or $1.94 per Diluted ShareNet income of $299.3 million, or $2.09 per Adjusted Diluted Share(1)Adjusted net income(1) of $186.9 million, or $1.30 per Adjusted Diluted Share(1)Adjusted EBITDAX(1) of $345.8 million, up 15% c

THE WOODLANDS, Texas, Oct. 19, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday, November 3, 2022 at 1:00 p.m. Eastern (12:00 p.m. Central) to discuss the Company's financial results for the third quarter 2022 and its outlook for the fourth quarter of 2022.  Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer and Steven C. Collins, Executive Vice President and Chief Operating Officer, will be followed by a question and answer session.  The Company intends to file its earning

THE WOODLANDS, Texas, Aug. 4, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three and six months ended June 30, 2022. Second Quarter 2022 Highlights Executed the Titus Acquisition PSAs on June 27, 2022, which are expected to close in mid-August 2022On April 12, 2022, closed a $550 million offering of 8.0% senior unsecured notes due 2027Closed the Bighorn Acquisition on April 14, 2022Issued $280 million of Preferred Stock in a private placement on April 14, 2022, which was converted into 25,225,225 shares of our Class A common stock on July 6, 2022Net income attributable to E

THE WOODLANDS, Texas, July 19, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Friday, August 5, 2022 at 10:00 a.m. Eastern (9:00 a.m. Central) to discuss the Company's financial results for the second quarter 2022 and its outlook for the remainder of 2022.  Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer and Steven C. Collins, Executive Vice President and Chief Operating Officer, will be followed by a question and answer session.  The Company intends to file its earnings press

THE WOODLANDS, Texas, May 4, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three months ended March 31, 2022. First Quarter 2022 Highlights Executed the Bighorn Acquisition PSA(1) on January 30, 2022, which closed subsequent to quarter-end on April 14, 2022 In connection with the closing of the Bighorn Acquisition, we also closed a $550 million Notes Offering comprised of 8.0% senior unsecured notes on April 12, 2022 Executed a Securities Purchase Agreement(2) on January 30, 2022 for $280 million of Preferred Stock in a private placement, which closed subsequent to quarter-e

THE WOODLANDS, Texas, April 26, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday, May 5, 2022 at 12:00 p.m. Eastern (11:00 a.m. Central) to discuss the Company's financial results for the first quarter 2022 and its outlook for the remainder of 2022.  Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer and Steven C. Collins, Executive Vice President and Chief Operating Officer, will be followed by a question and answer session.  The Company intends to file its earnings press

THE WOODLANDS, Texas, March 9, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we" or "us"), today announced financial and operating results for the quarter and year ended December 31, 2021. Fourth Quarter 2021 Highlights Executed the Chisholm Acquisition PSA on December 15, 2021 which closed subsequent to year-end on February 15, 2022 Closed the Foreland Acquisition on November 2, 2021 Net income attributable to Earthstone Energy, Inc. of $39.8 million, or $0.72 per Diluted Share Net income of $69.1 million or $0.77 per Adjusted Diluted Share(1) Adjusted net income(1) of $41.0 million or $0.46 per Adjusted Diluted Share(1) Adjusted EBITDAX(3) of $85.

THE WOODLANDS, Texas, March 3, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday, March 10, 2022 at 11:00 a.m. Eastern (10:00 a.m. Central) to discuss the Company's financial results for the fourth quarter and full year 2021 and its outlook for 2022.  Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer and Steven C. Collins, Executive Vice President and Chief Operating Officer, will be followed by a question and answer session.  The Company intends to file its earnings press

THE WOODLANDS, Texas, Nov. 3, 2021 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three and nine months ended September 30, 2021. Third Quarter 2021 Highlights Executed the Foreland Acquisition PSAs(1) on September 30, 2021, which closed subsequent to quarter end on November 2, 2021 Closed the Tracker Acquisition(2) on July 20, 2021 Net income attributable to Earthstone Energy, Inc. of $10.4 million, or $0.20 per Diluted Share Net income of $18.8 million, or $0.20 per Adjusted Diluted Share(3) Adjusted net income(3) of $30.7 million, or $0.35 per Adjusted Diluted Share(3) Adjusted

THE WOODLANDS, Texas, Oct. 27, 2021 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday, November 4, 2021 at 12:00 p.m. Eastern (11:00 a.m. Central) to discuss the Company's financial results for the third quarter 2021 and its outlook for the remainder of 2021.  Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer and Steven C. Collins, Executive Vice President of Operations, will be followed by a question and answer session.  The Company intends to file its earnings press release fo

THE WOODLANDS, Texas, Aug. 4, 2021 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone", the "Company", "we", "our" or "us"), today announced financial and operating results for the three and six months ended June 30, 2021. Second Quarter 2021 Highlights Announced the Tracker Acquisition(1) which closed subsequent to quarter end on July 20, 2021 Closed Eagle Ford working interest acquisitions in May and June 2021 for $48.0 million Net loss of $15.8 million Adjusted net income(2) of $20.3 million Adjusted EBITDAX(2) of $53.7 million ($25.96 per Boe) Net cash provided by operating activities(4) of $55.1 million Free Cash Flow(2) of $28.4 million Average daily production of 22,716

THE WOODLANDS, Texas, July 28, 2021 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE:ESTE) ("Earthstone" or the "Company"), announced today that its management team will host a conference call on Thursday, August 5, 2021 at 12:00 p.m. Eastern (11:00 a.m. Central) to discuss the Company's financial results for the second quarter 2021 and its outlook for the remainder of 2021.  Prepared remarks by Robert J. Anderson, President and Chief Executive Officer, Mark Lumpkin, Jr., Executive Vice President and Chief Financial Officer and Steven C. Collins, Executive Vice President of Operations, will be followed by a question and answer session.  The Company intends to file its earnings press release for