Financial Statements

Earthstone Energy, Inc. (ESTE)

$19.1

+1.18 (+6.58%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -195-182-182-225-
Net Income 62-14142-13
Stock Dividends --0--212
Dividend Paid -----
Retained Earnings -134-195-182-182-225

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 9691,045900769-
Annual Depreciation -99112350315890
Capital Expenditure 24-88-205-183-121
Net PPE 29691,045900769

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -181818-
New Purchases -----
Intangible and Goodwill 181818--

Earthstone Energy, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Earthstone Energy, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.