Earthstone Energy to Participate in Upcoming Conferences - GlobeNewswire
About 67% of Earthstone Energy's investor base is looking to short. The analysis of current outlook of investing in Earthstone Energy suggests that many traders are alarmed regarding Earthstone Energy's prospects. The current market sentiment, together with Earthstone Energy's historical and current headlines, can help investors time the market. In addition, many technical investors use Earthstone Energy stock news signals to limit their universe of possible portfolio assets.
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Earthstone Energy to Participate in Upcoming Conferences GlobeNewswire
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Earthstone Energy Fundamental Analysis
We analyze Earthstone Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Earthstone Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Earthstone Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Earthstone Energy is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Earthstone Energy Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Earthstone Energy stock to make a market-neutral strategy. Peer analysis of Earthstone Energy could also be used in its relative valuation, which is a method of valuing Earthstone Energy by comparing valuation metrics with similar companies.
Peers
Earthstone Energy Related Equities
CIVI | Civitas Resources | 4.34 | ||||
OBE | Obsidian Energy | 3.77 | ||||
MUR | Murphy Oil | 2.58 | ||||
CRK | Comstock Resources | 2.19 | ||||
MGY | Magnolia Oil | 2.08 | ||||
MTDR | Matador Resources | 1.75 | ||||
AR | Antero Resources | 1.72 | ||||
VTLE | Vital Energy | 1.64 | ||||
PED | PEDEVCO Corp | 1.56 | ||||
FANG | Diamondback Energy | 1.20 | ||||
PR | Permian Resources | 0.86 | ||||
GTE | Gran Tierra | 0.63 | ||||
SD | SandRidge Energy | 0.82 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Earthstone Stock
If you are still planning to invest in Earthstone Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Earthstone Energy's history and understand the potential risks before investing.
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