Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
REVENUES
Total revenues	$ 370,008	$ 472,551	$ 783,144	$ 668,701
OPERATING COSTS AND EXPENSES
Lease operating expense	87,602	50,514	175,580	72,145
Production and ad valorem taxes	31,805	34,195	64,958	47,510
Depreciation, depletion and amortization	109,990	66,463	220,740	100,789
Impairment expense	854	0	854	0
General and administrative expense	19,992	14,077	37,571	26,383
Transaction costs	208	(402)	401	10,340
Accretion of asset retirement obligation	646	708	1,275	1,105
Exploration expense	6,082	0	6,548	92
Total operating costs and expenses	257,179	165,555	507,927	258,364
Gain on sale of oil and gas properties	49,254	0	46,114	0
Income from operations	162,083	306,996	321,331	410,337
OTHER INCOME (EXPENSE)
Interest expense, net	(22,092)	(16,625)	(44,948)	(21,943)
Write-off of deferred financing costs	0	0	(5,109)	0
Loss on derivative contracts, net	(40,309)	(49,907)	(66,773)	(201,387)
Other income, net	819	249	812	296
Total other income (expense)	(61,582)	(66,283)	(116,018)	(223,034)
Income before income taxes	100,501	240,713	205,313	187,303
Income tax expense	(18,053)	(22,688)	(36,654)	(21,155)
Net income	82,448	218,025	168,659	166,148
Less: Net income attributable to noncontrolling interest	24,406	73,140	50,069	54,741
Net income attributable to Earthstone Energy, Inc.	$ 58,042	$ 144,885	$ 118,590	$ 111,407
Net income per common share attributable to Earthstone Energy, Inc.:
Basic (in dollars per share)	$ 0.55	$ 1.85	$ 1.12	$ 1.57
Diluted (in dollars per share)	$ 0.54	$ 1.46	$ 1.10	$ 1.37
Weighted average common shares outstanding:
Basic (in shares)	106,209,657	78,291,037	106,091,850	70,909,353
Diluted (in shares)	107,336,695	102,410,036	107,438,062	84,266,422
Oil
REVENUES
Total revenues	$ 294,997	$ 286,632	$ 612,375	$ 424,384
Natural gas
REVENUES
Total revenues	20,649	96,125	50,667	119,083
Natural gas liquids
REVENUES
Total revenues	$ 54,362	$ 89,794	$ 120,102	$ 125,234