Roth Capital Reiterates Their Buy Rating on Earthstone Energy

By Carrie Williams

In a report released today, John M. White from Roth Capital reiterated a Buy rating on Earthstone Energy (NYSE: ESTE), with a price target of $19. The company’s shares opened today at $14.

According to TipRanks.com, White is a 1-star analyst with an average return of 0.0% and a 47.3% success rate. White covers the Basic Materials sector, focusing on stocks such as Evolution Petroleum Corp, Clayton Williams Energy, and Goodrich Petroleum Corp.

Earthstone Energy has an analyst consensus of Moderate Buy, with a price target consensus of $18.50.

The company has a one year high of $15.93 and a one year low of $7.67. Currently, Earthstone Energy has an average volume of 72K.

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Earthstone Energy, Inc. engages in the acquisition, exploration, development and production of crude oil and natural gas properties. Earthstone Energy was founded on July 7, 1969 and is headquartered in the Woodlands, TX.