Earthstone Energy (ESTE) Valuation Update - May 6
Posted: Sat May 06, 2023 4:00 pm
I have updated my forecast model for ESTE. My valuation stays at $32/share based on just 4X annualized operating cash flow per share.
Earthstone has agreed to host a Houston luncheon for us on June 14.
I think it deserves a higher valuation multiple.
None of the analysts covering ESTE have updated their price targets as of this date.
Earthstone has agreed to host a Houston luncheon for us on June 14.
I think it deserves a higher valuation multiple.
None of the analysts covering ESTE have updated their price targets as of this date.