Investor One-on-One Meeting Requests Now Open for institutional investors, portfolio managers, financial analysts, CIOs, and other investment industry professionals. Investors, Analysts, and Energy Industry Professionals Can Still Register to Attend EnerCom Denver - The Energy Investment Conference at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver [...]
Investors, Analysts, and Energy Industry Professionals Can Still Register to Attend EnerCom Denver - The Energy Investment Conference at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver EnerCom, Inc. announced today that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for [...]
Earthstone Energy Inc. , today announced that its subsidiary, Earthstone Energy Holdings, LLC , has priced the previously announced private offering of $500 million aggregate principal amount of 9.875% senior unsecured notes due 2031 . The Notes will be issued at a price of 97.968% of their principal amount. The Notes will rank equally in right of payment with all of the EEH's other senior indebtedness, including the [...]
Earthstone Energy Inc. , today announced that its subsidiary, Earthstone Energy Holdings, LLC , has commenced, subject to market conditions, a private offering of $500 million aggregate principal amount of senior unsecured notes due 2031 to eligible purchasers . The Notes will rank equally in right of payment with all of the EEH's other senior indebtedness, including the Company's senior notes due 2027 and the obligations [...]
Earthstone Energy Inc. today announced that it has entered into an agreement to acquire Novo Oil & Gas Holdings, LLC , a privately-held Delaware Basin focused E&P company backed by EnCap Investments L.P. , for $1.5 billion. Concurrently, Northern Oil and Gas Inc. will acquire working interests equal to a pro-rata 33? % of the oil and gas assets of Novo for $0.5 billion from Earthstone, resulting in a $1.0 billion purchase [...]
Earthstone Energy Inc. announced today its participation in upcoming conferences. TPH&Co. Hotter 'N Hell Energy Conference, May 16 - May 17, 2023 Goldman Sachs Eighth Annual Leveraged Finance & Credit Conference, May 22 - May 24, 2023 Wells Fargo Energy Conference, May 23 - May 24, 2023 Louisiana Energy Conference, May 30 - June 1, 2023 RBC Energy Conference, June 6 - June 7, 2023 BoA Securities Energy Credit Conference [...]
Earthstone Energy Inc. , 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, up 194% from Q1 2022 Net income of $86.2 million, and Adjusted Net Income of $109.1 million Adjusted EBITDAX of $266.9 million, up 117% from Q1 2022 Net cash provided by operating activities of $258.3 million Free Cash Flow of $41.8 [...]
Earthstone Energy Inc. , announced today that its management team will host a conference call on Thursday, May 4, 2023, at 1:00 p.m. Eastern 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 [...]
Earthstone Energy Inc. today announced that President and CEO, Robert J. Anderson, will participate in a fireside chat with Jeff Robertson of Water Tower Research at 12:00 p.m. Eastern Time on Wednesday, April 12, 2023. Investors who are interested in listening may register through Water Tower Research using the following link: https://us06web.zoom.us/webinar/register/WN_4W4IYHkCSsahFLoEeCl3Fw. About Earthstone Energy [...]
Earthstone Energy Inc. announced today that it has entered into an amendment to the Company's senior secured revolving credit facility , increasing the elected commitments from $1.2 billion to $1.4 billion. Additionally, the $250 million term loan tranche under the Credit Facility converted into an elected revolving commitment. Further, the borrowing base was redetermined at $1.65 billion as a part of the regularly [...]
Earthstone Energy Inc. , 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 million Net income of $185.2 million and Adjusted net income of $147.2 million Adjusted EBITDAX of $338.0 million, up 296% compared to Q4 2021 Net cash provided by operating activities of $315.7 million Free [...]
Earthstone Energy Inc. , announced today that its management team will host a conference call on Thursday, March 9, 2023 at 11:00 a.m. Eastern 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 [...]