Earthstone Energy, Inc. (ESTE) financial statements (2021 and earlier)

Company profile

Business Address 1400 WOODLOCH FOREST DRIVE
THE WOODLANDS, TX 77380
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments152514106
Cash and cash equivalents152514106
Receivables24242122362322
Derivative instruments and hedges, assets82532729209
Other undisclosed current assets2222227
Total current assets:355656101605543
Noncurrent Assets
Finance lease, right-of-use asset0      
Operating lease, right-of-use asset2333331
Property, plant and equipment1111111
Oil and gas property, successful effort method9659679961,0151,0411,010946
Intangible assets, net (including goodwill)(37)(37)(37)(37)181818
Goodwill(37)(37)(37)(37)181818
Derivative instruments and hedges051221197
Other noncurrent assets1111222
Other undisclosed noncurrent assets37373737   
Total noncurrent assets:9719761,0131,0421,0651,043974
TOTAL ASSETS:1,0051,0321,0691,1431,1261,0991,017
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities23201850457343
Accounts payable67924253721
Accrued liabilities17131025203621
Debt0001111
Derivative instruments and hedges, liabilities110 700
Asset retirement obligation0000000
Other liabilities10 00  
Other undisclosed current liabilities31292044474135
Total current liabilities:5550399510011579
Noncurrent Liabilities
Long-term debt and lease obligation117132171154173128111
Long-term debt, excluding current maturities115130169152170125110
Finance lease, liability0000000
Operating lease, liability2222330
Liabilities, other than long-term debt17181818171617
Asset retirement obligations3222222
Deferred income tax liabilities14151516151414
Other liabilities0000   
Derivative instruments and hedges, liabilities010  01
Total noncurrent liabilities:134150188173190144127
Total liabilities:190200228268290259206
Stockholders' equity
Stockholders' equity attributable to parent, including:345351354368346344331
Additional paid in capital540538535533527523521
Accumulated deficit(195)(187)(181)(165)(182)(179)(191)
Other undisclosed stockholders' equity attributable to parent0000000
Stockholders' equity attributable to noncontrolling interest471481488507490495481
Total stockholders' equity:816832841875836840812
TOTAL LIABILITIES AND EQUITY:1,0051,0321,0691,1431,1261,0991,017

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues37412245673945
Cost of revenue(30)(38)(30)(37)(43)(23)(25)
Gross profit:73(9)8241620
Operating expenses(12)(7)(6)(68)(5)(6)(7)
Other undisclosed operating income (loss)0 (0)04(0)(0)
Operating income (loss):(5)(4)(15)(60)231012
Nonoperating income (expense)(14)(7)(22)98(27)178
Investment income, nonoperating(13)(6)(21)100(24)199
Interest and debt expense(0)(0)(0)(0)(0)(0)(0)
Income (loss) from continuing operations before equity method investments, income taxes:(19)(12)(37)38(5)2720
Other undisclosed income from continuing operations before income taxes0000000
Income (loss) from continuing operations before income taxes:(19)(12)(37)38(5)2720
Income tax expense (benefit)0(0)1(1)(1)(1)(1)
Net income (loss):(18)(12)(36)37(6)2620
Net income (loss) attributable to noncontrolling interest10620(20)3(14)(11)
Net income (loss) available to common stockholders, diluted:(8)(5)(16)17(3)129

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(18)(12)(36)37(6)2620
Comprehensive income (loss):(18)(12)(36)37(6)2620
Comprehensive income (loss), net of tax, attributable to noncontrolling interest10620(20)3(14)(11)
Comprehensive income (loss), net of tax, attributable to parent:(8)(5)(16)17(3)129

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: