Name | Value |
---|---|
Revenues | 475.8M |
Cost of Revenue | 41.2M |
Gross Profit | 434.6M |
Operating Expense | 250.6M |
Operating I/L | 185.3M |
Other Income/Expense | -79.2M |
Interest Income | 0.0M |
Pretax | 106.1M |
Income Tax Expense | -18.9M |
Net Income/Loss | 125.0M |
Earthstone Energy, Inc. is an independent oil and gas company focused on the acquisition, exploration, development, and production of oil and natural gas properties in the United States. The company's asset portfolio includes the Midland Basin of West Texas, Delaware Basin in New Mexico, and the Eagle Ford trend of south Texas. With 120 gross Eagle Ford wells and 147,587 thousand barrels of oil equivalent (MBOE) of total proved reserves, Earthstone generates revenue through the extraction and sale of oil and natural gas from its properties, contributing to its position as a key player in the energy sector.