Permian Resources to Acquire Earthstone Energy in All-Stock Transaction, Creating a 14 Billion Premier Delaware Basin Independent EP

ESTEDelisted Stock  USD 15.32  0.32  2.13%   
About 55% of Earthstone Energy's shareholders are presently thinking to get in. The analysis of current outlook of investing in Earthstone Energy suggests that some traders are interested 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.
  
Permian Resources Corporation and Earthstone Energy, Inc. NYS

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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.

Gross Profit

Gross Profit Comparative Analysis

Earthstone Energy is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

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

VTLEVital Energy   1.80   
0%
100.0%
GTEGran Tierra   1.62   
0%
90.0%
CRKComstock Resources   0.97   
0%
53.0%
SDSandRidge Energy   0.95   
0%
52.0%
OBEObsidian Energy   0.88   
0%
48.0%
CIVICivitas Resources   0.80   
0%
44.0%
FANGDiamondback Energy   0.79   
0%
43.0%
MTDRMatador Resources   0.76   
0%
42.0%
ARAntero Resources   0.65   
0%
36.0%
PRPermian Resources   0.45   
0%
25.0%
MGYMagnolia Oil   0.22   
0%
12.0%
MURMurphy Oil   0.18   
10.0%
0%
PEDPEDEVCO Corp   1.18   
65.0%
0%
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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