Earthstone Energy, Inc. ESG Profile (ESTE): Is It Sustainable?

Earthstone Energy, Inc., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. The company’s asset portfolio includes the Midland Basin of west Texas and the Eagle Ford trend of south Texas. As of December 31, 2020, it operated 103 gross Eagle Ford wells; and 12 gross Austin Chalk wells, as well as had 78,875 thousand barrels of oil equivalent (MBOE) of total proved reserves comprised 38,298 MBOE of proved developed reserves and 40,577 MBOE of proved undeveloped reserves. The company was incorporated in 1969 and is headquartered in The Woodlands, Texas.