Earthstone Energy (ESTE) Tops Q4 EPS by 1c

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Earthstone Energy, Inc. ReportsĀ 2022 Fourth Quarter and Full Year Results

March 8, 2023 5:05 PM EST

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... More