Will ExxonMobils 60B Pioneer Megadeal Spur Permian MA - Nasdaq

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.
  
Will ExxonMobils 60B Pioneer Megadeal Spur Permian MA Nasdaq

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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.

Z Score

Z Score Comparative Analysis

Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

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

PEDPEDEVCO Corp   3.17   
0%
99.0%
OBEObsidian Energy   0.63   
0%
19.0%
VTLEVital Energy   0.00   
0%
0%
MTDRMatador Resources   0.00   
0%
0%
FANGDiamondback Energy   0.47   
14.0%
0%
SDSandRidge Energy   0.50   
15.0%
0%
ARAntero Resources   0.96   
30.0%
0%
CRKComstock Resources   1.18   
36.0%
0%
MGYMagnolia Oil   1.21   
37.0%
0%
PRPermian Resources   1.58   
49.0%
0%
GTEGran Tierra   2.10   
65.0%
0%
MURMurphy Oil   2.55   
79.0%
0%
CIVICivitas Resources   3.19   
100.0%
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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