| In millions, except per share items | Jun-30-23 | Dec-31-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 |
| | 8-K | 8-K | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
| REVENUES | | | | | | | | |
| Total revenues | 370.0 | 495.0 | 472.6 | 196.2 | 144.0 | 110.4 | 89.7 | 75.6 |
| Total revenues growth | -21.7% | 243.7% | 427.0% | 159.6% | 292.7% | 168.9% | 313.9% | 67.4% |
| OPERATING COSTS AND EXPENSES | | | | | | | | |
| Lease operating expense | 0.0 | 0.0 | 50.5 | 21.6 | 13.7 | 13.0 | 11.7 | 10.8 |
| Production and ad valorem taxes | | | 34.2 | 13.3 | 9.0 | 7.2 | 5.2 | 5.0 |
| Impairment expense | | | | | | | | |
| Depreciation, depletion and amortization | | | 66.5 | 34.3 | 28.9 | 27.1 | 26.0 | 24.4 |
| General and administrative expense | 12.2 | 13.3 | 14.1 | 12.3 | 16.7 | 7.7 | 9.2 | 8.4 |
| Transaction costs | | | -0.4 | 10.7 | 2.0 | 0.3 | 0.5 | 2.1 |
| Accretion of asset retirement obligation | | | 0.7 | 0.4 | 0.1 | 0.3 | 0.3 | 0.3 |
| Exploration expense | | | | 0.1 | 0.0 | 0.3 | 0.0 | |
| Total operating costs and expenses | 12.2 | 13.3 | 165.6 | 92.8 | 70.5 | 55.8 | 53.0 | 51.1 |
| Income (loss) from operations | 357.9 | 481.6 | 307.0 | 103.3 | 73.6 | 54.9 | 37.1 | 24.5 |
| Operating margin | 96.7% | 97.3% | 65.0% | 52.7% | 51.1% | 49.8% | 41.3% | 32.4% |
| |
| OTHER INCOME (EXPENSE) | | | | | | | | |
| Interest expense, net | | | -16.6 | -5.3 | -3.1 | -3.1 | -2.4 | -2.2 |
| (Loss) gain on derivative contracts, net | | | -49.9 | -151.5 | 0.8 | -33.1 | -51.2 | -33.3 |
| Other income, net | | | 0.2 | 0.0 | 0.0 | 0.5 | 0.2 | 0.1 |
| Total other (expense) income | | | -66.3 | -156.8 | -2.3 | -35.7 | -53.4 | -35.4 |
| Income (loss) before income taxes | | | 240.7 | -53.4 | 71.3 | 19.3 | -16.3 | -10.9 |
| Income tax (expense) benefit | | | -22.7 | 1.5 | -2.2 | -0.5 | 0.5 | 0.3 |
| Net income (loss) | | | 218.0 | -51.9 | 69.1 | 18.8 | -15.8 | -10.6 |
| Less: Net income (loss) attributable to noncontrolling interest | | | 73.1 | -18.4 | 29.3 | 8.4 | -7.0 | -4.7 |
| Net income (loss) attributable to Earthstone Energy, Inc. | | | 144.9 | -33.5 | 39.8 | 10.4 | -8.9 | -5.8 |
| |
| Net income (loss) per common share attributable to Earthstone Energy, Inc.: | | | | | | | | |
| Basic (in dollars per share) | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Diluted (in dollars per share) | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| |
| Weighted average common shares outstanding: | | | | | | | | |
| Basic (in shares) | | | 78.3 | 63.4 | 47.2 | 49.2 | 44.1 | 42.8 |
| Diluted (in shares) | | | 102.4 | 63.4 | 50.0 | 52.7 | 44.1 | 42.8 |