Earthstone Energy Inc. Class A (NYSE:ESTE) traded at a new 52-week high today of $10.94. So far today approximately 109,000 shares have been exchanged, as compared to an average 30-day volume of 236,000 shares.
Earthstone Energy Inc is an independent oil and natural gas development and production company. The company focuses on the acquisition, development, exploration, and production of onshore, crude oil and natural gas reserves. It is also active in corporate mergers and the acquisition of oil and natural gas properties. The company's reserve portfolio consists of assets in the Midland Basin of West Texas, and the Eagle Ford Trend of South Texas. Its operations are all in the upstream segment of the oil and natural gas industry and are conducted onshore in the United States.
Over the past year, Earthstone Energy Inc. Class A has traded in a range of $2.41 to $10.94 and is now at $10.31, 328% above that low.
Earthstone Energy Inc. Class A (NYSE:ESTE) is currently priced 61.6% above its average consensus analyst price target of $3.96.
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