Earthstone Energy, Inc. Price & Performance (ESTE)

Oil and gas producers have sharply increased drilling in Irion County, Texas, with 30 new wells already completed this year—matching all of last year’s total. Key players, Discovery Natural Resources and Triple Crown Resources, report initial production rates dominated by oil, signaling a shift for the previously gas-heavy region.1

Earthstone Energy has posted robust financial results, including a net profit of over $500 million and a market cap near $3 billion. The company’s stock has delivered strong multi-year returns and trades at a notable discount to peers, demonstrating investor confidence despite broader industry fluctuations.23

W&T Offshore has expanded its shareholder outreach, contacting its 25 largest investors to discuss compensation and governance improvements. The company reports positive feedback and full independent director attendance, reflecting a commitment to aligning executive pay with long-term performance and increasing transparency for stakeholders.4