Earthstone Energy (Earthstone Energy) Capex-to-Operating-Income : 5.47 (As of Sep. 2023)

Earthstone Energy Capex-to-Operating-Income Chart

Earthstone Energy Annual Data
	Trend	Mar13	Mar14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Capex-to-Operating-Income		Get a 7-Day Free Trial					2.99	3.87	-	2.20	2.10

Earthstone Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Capex-to-Operating-Income	Get a 7-Day Free Trial															2.04	0.74	1.12	2.21	5.47

Competitive Comparison of Earthstone Energy's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Earthstone Energy's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Earthstone Energy's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Earthstone Energy's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Earthstone Energy's Capex-to-Operating-Income falls into.

Earthstone Energy Capex-to-Operating-Income Calculation

Earthstone Energy's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2022 is calculated as

Earthstone Energy's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Earthstone Energy  (NYSE:ESTE) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.

Earthstone Energy Capex-to-Operating-Income Related Terms

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Earthstone Energy (Earthstone Energy) Business Description