DENVER, Jan. 13, 2012 (GLOBE NEWSWIRE) -- EARTHSTONE ENERGY, INC. (NYSE Amex:ESTE) announced today that its President and CEO, Ray Singleton, along with members of the Company's management team and Board of Directors, will preside over the New York Stock Exchange Closing Bell ceremony, Tuesday, January 17, 2012. This event celebrates the Company's recent listing move to NYSE Amex from NASDAQ.
Ray Singleton, President, CEO and Chairman of Earthstone, commented:
"We were extremely gratified to receive an invitation to list on NYSE Amex. Acceptance by NYSE Amex reflects the stability of Earthstone's growth over the last several years. ESTE has experienced double digit increases in annual earnings per share each of the last four years. Consistent growth, profitability, and return on equity have earned ESTE this listing distinction. ESTE shareholders will clearly benefit from this listing. In fact, the wide reach of NYSE Amex's platform has already resulted in reduced spreads for Earthstone's stock price and an expansion of our investor base since commencement of the listing on December 20th."
Photo/Video:
Photos of the event will be available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285), Getty Images (646.613.4141), and Bloomberg Photo (212.617.3420). The Closing Bell (starting at 3:55 p.m.) feed is available via Ascent loop #4009. Media seeking footage via The Switch should contact NYSE Broadcast (212.656.5483). A live webcast of The Closing Bell will be available beginning at 3:59 p.m. EST on the homepage of nyse.com.
ABOUT EARTHSTONE ENERGY:
Earthstone Energy, Inc. is a growth-oriented independent oil and gas exploration and production company with primary operations now focused in the Williston Basin and southern Texas. Earthstone is now traded on the New York Stock Exchange Amex under the symbol ESTE. Information on Earthstone can be found at its web site: www.earthstoneenergy.com.