ESTE / Earthstone Energy Announces Novo Acquisition; Cheaply Valued And Potential Upside

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Permian Resources Corp.'s planned $4.5 billion acquisition of Earthstone Energy Inc. will bring scale to the Midland, Texas-based oil and natural-gas more_horizontal

Citi (C) is considering a structure overall that would split its Institutional Clients Group into three separate business segments, according to a rep more_horizontal

Earthstone Energy Inc (NYSE: ESTE) popped up more than 15% up on Monday after Permian Resources Corp (NYSE: PR) revealed plans of buying the oil and g more_horizontal

Earthstone Energy (NYSE: ESTE ) stock is rallying on Monday after the oil and gas company reached a $4.5 billion deal with Permian Resources (NYSE: PR more_horizontal

Earthstone Energy (NYSE:ESTE) stock jumped after news of its premium-priced, US$4.5 billion takeover by US shale peer Permian Resources (NYSE:PR). The more_horizontal

Permian Resources plans on increasing its quarterly dividend by 20% to 6 cents a share beginning in the first quarter of 2024. more_horizontal

Permian Resources Corp. PR, +2.71% plans to acquire Earthstone Energy Inc. ESTE, +3.44% in an all-stock transaction valued at approximately $4.5 billi more_horizontal