Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
REVENUES
Total revenues	$ 472,551	$ 89,671	$ 668,701	$ 165,243
OPERATING COSTS AND EXPENSES
Lease operating expense	50,514	11,747	72,145	22,596
Production and ad valorem taxes	34,195	5,176	47,510	10,203
Depreciation, depletion and amortization	66,463	26,027	100,789	50,434
General and administrative expense	14,077	9,170	26,383	17,550
Transaction costs	(402)	507	10,340	2,613
Accretion of asset retirement obligations	708	303	1,105	593
Exploration expense	0	30	92	30
Total operating costs and expenses	165,555	52,960	258,364	104,019
Gain on sale of oil and gas properties	0	348	0	348
Income from operations	306,996	37,059	410,337	61,572
OTHER INCOME (EXPENSE)
Interest expense, net	(16,625)	(2,401)	(21,943)	(4,618)
Loss on derivative contracts, net	(49,907)	(51,175)	(201,387)	(84,438)
Other income, net	249	200	296	303
Total other expense	(66,283)	(53,376)	(223,034)	(88,753)
Income (loss) before income taxes	240,713	(16,317)	187,303	(27,181)
Income tax (expense) benefit	(22,688)	486	(21,155)	794
Net income (loss)	218,025	(15,831)	166,148	(26,387)
Less: Net income (loss) attributable to noncontrolling interest	73,140	(6,960)	54,741	(11,683)
Net income (loss) attributable to Earthstone Energy, Inc.	$ 144,885	$ (8,871)	$ 111,407	$ (14,704)
Net income (loss) per common share attributable to Earthstone Energy, Inc.:
Basic (in dollars per share)	$ 1.85	$ (0.20)	$ 1.57	$ (0.34)
Diluted (in dollars per share)	$ 1.46	$ (0.20)	$ 1.37	$ (0.34)
Weighted average common shares outstanding:
Basic (in shares)	78,291,037	44,127,718	70,909,353	43,457,043
Diluted (in shares)	102,410,036	44,127,718	84,266,422	43,457,043
Oil
REVENUES
Total revenues	$ 286,632	$ 70,918	$ 424,384	$ 131,737
Natural gas
REVENUES
Total revenues	96,125	6,690	119,083	12,542
Natural gas liquids
REVENUES
Total revenues	$ 89,794	$ 12,063	$ 125,234	$ 20,964