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Earthstone Energy (Earthstone Energy) Scaled Net Operating Assets : 1.05 (As of Sep. 2023)


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What is Earthstone Energy Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Earthstone Energy's operating assets for the quarter that ended in Sep. 2023 was $5,130 Mil. Earthstone Energy's operating liabilities for the quarter that ended in Sep. 2023 was $812 Mil. Earthstone Energy's Total Assets for the quarter that ended in Jun. 2023 was $4,120 Mil. Therefore, Earthstone Energy's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 1.05.


Earthstone Energy Scaled Net Operating Assets Historical Data

The historical data trend for Earthstone Energy's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

Earthstone Energy Scaled Net Operating Assets Chart

Earthstone Energy Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.99 0.83 1.36 2.17

Earthstone Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 0.87 0.87 0.88 1.05

Competitive Comparison of Earthstone Energy's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Earthstone Energy's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Earthstone Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Earthstone Energy's Scaled Net Operating Assets falls into.



Earthstone Energy Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Earthstone Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(3937.401-553.096)/1556.367
=2.17

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3937.401 - 0
=3937.401

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1613.384 - 1058.644 - 1.644
=553.096

Earthstone Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(5129.963-811.563)/4120.441
=1.05

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5146.555 - 16.592
=5129.963

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2564.654 - 1726.89 - 26.201
=811.563

* 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 Scaled Net Operating Assets Related Terms

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Earthstone Energy (Earthstone Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1400 Woodloch Forest Drive, Suite 300, The Woodlands, TX, USA, 77380
Earthstone Energy Inc is an independent oil and natural gas development and production company. The company focuses on the acquisition, development, exploration, and production of onshore, crude oil and natural gas reserves. It is also active in corporate mergers and the acquisition of oil and natural gas properties. The company's reserve portfolio consists of assets in the Midland Basin of West Texas, and the Eagle Ford Trend of South Texas. Its operations are all in the upstream segment of the oil and natural gas industry and are conducted onshore in the United States.
Executives
Tony Oviedo officer: EVP, PAO 909 FANNIN, SUITE 1850, HOUSTON TX 77010
Mark Jr Lumpkin officer: EVP and CFO 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
Frank Alan Lodzinski director, officer: CEO 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
Wp Energy Chisholm Holdings, L.p. 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Private Equity (e&p) Xi-a, L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVE, NEW YORK NY 10017
Warburg Pincus (e&p) Xii, L.p. 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Partners Ii (us), L.p. 10 percent owner 450 LEXINGTON AVENUE, C/O WARBURG PINCUS LLC, NEW YORK NY 10017
Robert John Anderson officer: President 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
Cypress Investments, Llc director 34 S. WYNDEN DR., SUITE 300, HOUSTON TX 77056
Post Oak Energy Holdings, Llc director 34 S. WYNDEN DR, STE 300, HOUSTON TX 77056
Jay Frederick Joliat director 36801 WOODWARD AVE., SUITE 301, BIRMINGHAM MI 48009
Post Oak Energy Capital, Lp director 34 S. WYNDEN DR, STE 300, HOUSTON TX 77056
Swanson Douglas E Jr director 1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
Steven C. Collins officer: EVP and COO 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
Encap Energy Capital Fund Xi, L.p. director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024