Earthstone Energy, Inc., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. The company's asset portfolio includes the Midland Basin of West Texas, Delaware Basin in New Mexico, and the Eagle Ford trend of south Texas. As of December 31, 2021, it operated 120 gross Eagle Ford wells, as well as had 147,587 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 93,575 MBOE of proved developed reserves and 54,012 MBOE of proved undeveloped reserves. Earthstone Energy, Inc. was incorporated in 1969 and is headquartered in The Woodlands, Texas.
Revenue of Earthstone Energy, Inc. (ESTE)
Revenue in 2022 (TTM): $1.7 B
According to Earthstone Energy, Inc.'s latest financial reports the company's current revenue (TTM) is $1.7 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Earthstone Energy, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2022 | $1.7 B | $1.04 B | $1.14 B | $775.03 M | $650.62 M |
| 2021 | $419.64 M | $237.55 M | $184.89 M | $63.37 M | $61.51 M |
| 2020 | $144.52 M | $9.57 M | $61.64 M | $-29,546,000 | $-29,434,000 |
| 2019 | $191.26 M | $81.47 M | $78.46 M | $3.25 M | $1.58 M |
| 2018 | $165.36 M | $89.21 M | $142.35 M | $97.68 M | $42.33 M |
| 2017 | $108.08 M | $45.45 M | $-26,890,000 | $-61,106,000 | $-12,514,000 |
| 2016 | $42.27 M | $-933,000 | $-29,358,000 | $-54,013,000 | $-54,541,000 |
| 2015 | $47.77 M | $-2,318,000 | $-112,591,000 | $-143,097,000 | $-116,655,000 |
| 2014 | $47.99 M | $16.75 M | $11.09 M | $-6,729,000 | $-28,834,000 |
| 2013 | $17.51 M | $7.99 M | $9.12 M | $5.06 M | $3.94 M |
| 2012 | $11.71 M | $7.23 M | $5.05 M | $3.93 M | $3.28 M |
| 2011 | $8.21 M | $4.67 M | $3 M | $1.81 M | $1.6 M |
| 2010 | $7.27 M | $4.29 M | $2.43 M | $1.18 M | $1.03 M |
| 2009 | $9.09 M | $5.87 M | $1.12 M | $366 K | $578 K |
| 2008 | $7.45 M | $5.36 M | $4 M | $3.29 M | $1.76 M |
| 2007 | $7.17 M | $5.19 M | $4.08 M | $3.41 M | $2.5 M |
| 2006 | $6.62 M | $4.49 M | $3.5 M | $2.83 M | $2.82 M |
| 2005 | $4.86 M | $3.3 M | $2.41 M | $1.85 M | $1.85 M |
| 2004 | $2.99 M | $1.69 M | $1.01 M | $694 K | $1.26 M |
| 2003 | $2.59 M | $1.13 M | $690 K | $434 K | $434 K |
| 2002 | $2.37 M | $627 K | $434 M | $137 K | $137 K |
| 2001 | $3 M | $1.49 M | $1.07 M | $864 K | $864 K |
| 2000 | $2.22 M | $882 K | $598 K | $ | $353 K |
| 1999 | $1.4 M | $500 K | $300 K | $ | $-100,000 |
| 1998 | $2.45 M | $2.45 M | $-518,000 | $ | $-1,111,000 |
| 1997 | $3.05 M | $3.05 M | $713 K | $ | $109 K |
| 1996 | $2.83 M | $2.83 M | $648 K | $ | $6 K |
| 1995 | $1.4 M | $500 K | $600 K | $100 K | $ |
| 1994 | $1.2 M | $400 K | $100 K | $-200,000 | $-200,000 |
| 1993 | $1.7 M | $800 K | $500 K | $100 K | $ |
| 1992 | $1.6 M | $600 K | $100 K | $-200,000 | $-100,000 |
| 1991 | $2 M | $1000 K | $600 K | $200 K | $100 K |
| 1990 | $1.7 M | $800 K | $300 K | $100 K | $200 K |
| 1989 | $1.5 M | $700 K | $200 K | $-200,000 | $-200,000 |
| 1988 | $1.9 M | $1000 K | $600 K | $-300,000 | $-300,000 |
| 1987 | $1.9 M | $900 K | $-1,900,000 | $-1,500,000 | $-2,200,000 |