Net Income (Loss) Per Common Share (Tables)

3 Months Ended

Mar. 31, 2023

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

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


	Three Months Ended March 31,
(In thousands, except per share amounts)		2023		2022
Net income (loss) attributable to Earthstone Energy, Inc.		$	60,548	$	(33,478)





Net income (loss) per common share attributable to Earthstone Energy, Inc.:
Basic		$	0.57	$	(0.53)
Diluted		$	0.56	$	(0.53)

Weighted average common shares outstanding
Basic		105,972,734		63,445,649
Add potentially dilutive securities:
Unvested restricted stock units (1)		335,455		—
Unvested performance units (1)		1,216,828		—

Diluted weighted average common shares outstanding		107,525,017		63,445,649

(1)For the three months ended March 31, 2022, there were no dilutive effects related to unvested restricted stock units or performance units due to the loss for the period.