Earthstone Energy Inc (ESTE) : Jvl Advisors L.l.c. added new position in Earthstone Energy Inc during the most recent quarter end. The investment management firm now holds 676,847 shares of Earthstone Energy Inc which is valued at $7,066,283 , the company said in a statement filed on Aug 10, 2016 with the SEC.Earthstone Energy Inc makes up approximately 1.54% of Jvl Advisors L.l.c.’s portfolio.
Other Hedge Funds, Including , Tower Research Capital (trc) reduced its stake in ESTE by selling 347 shares or 36.8% in the most recent quarter. The Hedge Fund company now holds 596 shares of ESTE which is valued at $6,222. Victory Capital Management Inc added ESTE to its portfolio by purchasing 58,827 company shares during the most recent quarter which is valued at $608,859. Feltz Wealth Plan added ESTE to its portfolio by purchasing 24 company shares during the most recent quarter which is valued at $248.Northpointe Capital boosted its stake in ESTE in the latest quarter, The investment management firm added 237,116 additional shares and now holds a total of 560,778 shares of Earthstone Energy Inc which is valued at $5,590,957. Earthstone Energy Inc makes up approx 0.64% of Northpointe Capital’s portfolio.Msi Financial Services Inc reduced its stake in ESTE by selling 680 shares or 22.06% in the most recent quarter. The Hedge Fund company now holds 2,402 shares of ESTE which is valued at $23,948.
Earthstone Energy Inc closed down -0.12 points or -1.12% at $10.63 with 98,861 shares getting traded on Friday. Post opening the session at $10.71, the shares hit an intraday low of $10.55 and an intraday high of $10.9033 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Many Wall Street Analysts have commented on Earthstone Energy Inc. Shares were Reiterated by Imperial Capital on Jul 8, 2016 to “Outperform” and Lowered the Price Target to $ 14 from a previous price target of $18 .Shares were Reiterated by FBR Capital on Jun 28, 2016 to “Outperform” and Lowered the Price Target to $ 17 from a previous price target of $20 .Company shares were Reiterated by FBR Capital on May 27, 2016 to “Outperform”, Firm has raised the Price Target to $ 20 from a previous price target of $15 .
Earthstone Energy Inc. is an independent oil and gas exploration and production company primarily engaged in the exploration development and production of oil and natural gas properties. Its operating activities are concentrated in the North Dakota and Montana portions of the Williston Basin and south Texas. As of March 31 2014 the Companys estimated net proved oil and natural gas reserves were approximately 2554000 barrels of oil and condensate and approximately 3413000 thousand cubic feet of natural gas. In addition to the Williston Basin the Company is pursuing a new exploration project in the Nebraska portion of the Denver-Julesburg (DJ) basin. The Williston basin continues to be the Company’s highest area of activity.