Earthstone Energy is a holding company. Through its subsidiaries, Co. is an independent oil and gas company engaged in the acquisition and development of oil and gas reserves through activities that include the acquisition, drilling and development of undeveloped leases, asset and corporate acquisitions and mergers. Co.'s operations are all in the upstream segment of the oil and natural gas industry and all Co.'s properties are onshore in the U.S. Co.'s primary assets are located in the Midland Basin of west Texas and the Eagle Ford Trend of south Texas. The ESTE stock yearly return is shown above.
The yearly return on the ESTE stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ESTE annual return calculation with any dividends reinvested as applicable (on ex-dates).
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