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
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1140231023
Cash and cash equivalents1140231023
Receivables243618231718
Derivative instruments and hedges, assets89440 4
Other undisclosed current assets221100
Total current assets:356064472746
Noncurrent Assets
Finance lease, right-of-use asset0 
Operating lease, right-of-use asset23
Property, plant and equipment111112
Oil and gas property, successful effort method9651,041900768269198
Intangible assets, net (including goodwill)(37)1818181818
Goodwill(37)1818181818
Derivative instruments and hedges0121   
Other noncurrent assets122111
Other undisclosed noncurrent assets37     
Total noncurrent assets:9711,065941787289219
TOTAL ASSETS:1,0051,1261,004834317265
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities234549421725
Accounts payable62526331212
Accrued liabilities1720229513
Debt01  2 
Derivative instruments and hedges, liabilities171125 
Asset retirement obligation001   
Other liabilities10    
Other undisclosed current liabilities314732151524
Total current liabilities:5510082693949
Noncurrent Liabilities
Long-term debt and lease obligation11717379251311
Long-term debt, excluding current maturities11517079251311
Finance lease, liability00
Operating lease, liability23
Liabilities, other than long-term debt1717415245
Asset retirement obligations322265
Deferred tax liabilities, net 1116 
Deferred income tax liabilities1415
Other liabilities0 0000
Derivative instruments and hedges, liabilities0 222 
Other undisclosed noncurrent liabilities  13   
Total noncurrent liabilities:13419096403616
Total liabilities:1902901781097565
Stockholders' equity
Stockholders' equity attributable to parent, including:345346335279241200
Common stock    00
Treasury stock, value    (0)(0)
Additional paid in capital540527517504454358
Accumulated deficit(195)(182)(182)(225)(212)(158)
Other undisclosed stockholders' equity attributable to parent0000  
Stockholders' equity attributable to noncontrolling interest471490492447  
Total stockholders' equity:816836826726241200
TOTAL LIABILITIES AND EQUITY:1,0051,1261,004834317265

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1451911651084249
Revenue, net1084247
Cost of revenue(136)(113)(83)(20)(76)(50)
Cost of goods and services sold   (20)(13)(15)
Gross profit:9788388(34)(0)
Operating expenses(94)(26)(41)(17)(12)(149)
Other undisclosed operating income (loss)032(122)0 
Operating income (loss):(85)5544(50)(46)(149)
Nonoperating income (expense)55(52)54(11)(8)6
Investment income, nonoperating60(44)61(8)(7)6
Interest and debt expense(0)(0)(0)(0)(0)(0)
Income (loss) from continuing operations before equity method investments, income taxes:(30)397(61)(54)(143)
Other undisclosed income from continuing operations before income taxes000000
Income (loss) from continuing operations before income taxes:(30)398(61)(54)(143)
Income tax expense (benefit)0(2)(2)16(1)26
Net income (loss):(29)295(45)(55)(117)
Net income (loss) attributable to noncontrolling interest16(1)(53)32  
Net income (loss) available to common stockholders, diluted:(14)142(13)(55)(117)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(29)295(45)(55)(117)
Comprehensive income (loss):(29)295(45)(55)(117)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest16(1)(53)32  
Comprehensive income (loss), net of tax, attributable to parent:(14)142(13)(55)(117)

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.

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