Media coverage about Earthstone Energy (NYSE:ESTE) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Earthstone Energy earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 47.6427418580466 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news stories that may have effected Accern’s analysis:

ESTE has been the topic of a number of recent research reports. KLR Group initiated coverage on Earthstone Energy in a research note on Thursday. They set a “buy” rating and a $17.00 price objective on the stock. Robert W. Baird restated an “outperform” rating and set a $13.00 price objective (down previously from $14.00) on shares of Earthstone Energy in a research note on Monday, December 18th. SunTrust Banks restated a “buy” rating and set a $14.00 price objective on shares of Earthstone Energy in a research note on Tuesday, February 6th. Zacks Investment Research cut Earthstone Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Finally, ValuEngine cut Earthstone Energy from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $14.45.

Shares of Earthstone Energy (NYSE ESTE) traded down $0.46 during midday trading on Friday, hitting $9.26. The stock had a trading volume of 250,311 shares, compared to its average volume of 160,515. Earthstone Energy has a twelve month low of $7.85 and a twelve month high of $15.50. The stock has a market capitalization of $588.55, a price-to-earnings ratio of -4.35 and a beta of 1.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.59 and a current ratio of 0.59.

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Earthstone Energy Company Profile

Earthstone Energy, Inc is an independent oil and natural gas development and production company. The Company is also engaged in corporate mergers and the acquisition of oil and natural gas properties that have production and future development opportunities. Its operations are all in the upstream segment of the oil and natural gas industry and all its properties are onshore in the United States.

Insider Buying and Selling by Quarter for Earthstone Energy (NYSE:ESTE)

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