Earthstone Energy (ESTE) Misses Q1 EPS by 77c, Revenues Beat

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Earthstone Energy, Inc. Reports First Quarter 2019 Financial Results

May 6, 2019 6:00 AM EDT

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Earthstone Energy, Inc. (NYSE: ESTE) (Earthstone, the Company, we or us), today announced financial and operating results for the quarter ended March31, 2019.

First Quarter 2019 Highlights

Average daily production of 11,209 Boepd(1) Increased by 7% from the fourth quarter of 2018 Increased by 16% from the first quarter of 2018 Revenues of $40.7 million Flat as compared to the fourth quarter of 2018, resulting from increased production, offset by decreased oil prices Flat as compared to the first quarter of 2018,... More