Earthstone Energy

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RTaber1
Posts: 78
Joined: Thu May 26, 2016 11:25 pm

Earthstone Energy

Post by RTaber1 »

When do you imagine they will declare their first dividend and stock buyback which they guided about last spring before the April 14 Big Horn deal?
What is your fair market value target now?

Thank you.
dan_s
Posts: 34646
Joined: Fri Apr 23, 2010 8:22 am

Re: Earthstone Energy

Post by dan_s »

See my note under the Sweet 16 tab.

My guess is that Earthstone won't pay dividends until late this year. They need to focus on closing the Titus Acquisition in September first.

My current valuation is $37.00
Dan Steffens
Energy Prospectus Group
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