Net Loss Per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Reconciliation of Net Income (Loss) Per Common Share

A reconciliation of Net loss per common share is as follows:


	Three Months Ended March 31,
(In thousands, except per share amounts)		2022		2021
Net loss attributable to Earthstone Energy, Inc.		$	(33,478)	$	(5,833)

Net loss per common share attributable to Earthstone Energy, Inc.:
Basic and Diluted		$	(0.53)	$	(0.14)


Weighted average common shares outstanding
Basic		63,445,649		42,778,916
Add potentially dilutive securities:
Unvested restricted stock units (1)		—		—
Unvested performance units (1)		—		—
Diluted weighted average common shares outstanding		63,445,649		42,778,916

(1)For the three months ended March 31, 2022 and 2021, the 1,099,800 performance units granted on January 27, 2021 were excluded due to an assumed settlement in cash and the liability treatment described in Note 9. Stock-Based Compensation. For the three months ended March 31, 2022 and 2021, there were no dilutive effects related to unvested restricted stock units or performance units due to the losses for those periods.