The Trials Of The Pros At Earthstone Energy [Seeking Alpha]
Earthstone Energy, Inc. Class A (ESTE)
NASDAQ:AMEX Investor Relations:
investor.earthstoneenergy.com
Company Research
Source: Seeking Alpha
The Trials Of The Pros At Earthstone Energy Summary This management has built and sold several companies before with impressive returns. Despite the frustrations with the current effort, management can continue until the original investors earn adequate returns. Such a long-term strategy by management should earn current investors of the common stock impressive returns because of the far lower current price. The low debt balance sheet enables management to take advantage of any bargains found immediately. Operating costs are among the best in the industry. Earthstone Energy's ( ESTE Source: Earthstone Energy June 2019, Investor Update As shown above The main company backers still appear to be hanging on to their holdings though. Source: Seeking Alpha Website June 30, 2019 The chart makes clear that the initial investors Earthstone initially participated in a reverse merger However, Mr. Market had some other ideas this time around. Bargains became better bargains even during oil price
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