Inactive Instrument

Earthstone Energy, Inc.

Equities

ESTE

US27032D3044

Oil & Gas Exploration and Production

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SMMF, BHRB, ESTE, CELL

August 29, 2023 at 08:40 am EDT

NEW YORK, Aug. 29, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

(PRNewsfoto/Halper Sadeh LLP)

Summit Financial Group, Inc. (NASDAQ: SMMF)'s sale to Burke & Herbert Financial Services Corp. for 0.5043 shares of Burke & Herbert common stock for each share of Summit common stock. If you are a Summit shareholder, click here to learn more about your rights and options.

Burke & Herbert Financial Services Corp. (NASDAQ: BHRB)'s merger with Summit Financial Group, Inc. Under the terms of the merger agreement, holders of Summit common stock will have the right to receive 0.5043 shares of Burke & Herbert common stock. Existing Burke & Herbert shareholders will own approximately 50% of the outstanding shares of the combined company. If you are a Burke & Herbert shareholder, click here to learn more about your rights and options.

Earthstone Energy, Inc. (NYSE: ESTE)'s sale to Permian Resources Corporation for 1.446 shares of Permian Resources common stock for each share of Earthstone common stock. If you are an Earthstone shareholder, click here to learn more about your rights and options.

PhenomeX Inc. (NASDAQ: CELL)'s sale to Bruker Corporation for $1.00 per share. If you are a PhenomeX shareholder, click here to learn more about your rights and options.

Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

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SOURCE Halper Sadeh LLP

Latest news about Earthstone Energy, Inc.

Earthstone Energy, Inc. Announces Cessation of Mark Lumpkin, Jr. as Chief Financial Officer	Nov. 03	CI
Earthstone Energy, Inc. Announces Cessation of Robert J. Anderson as Chief Executive Officer	Nov. 03	CI
Earthstone Energy, Inc. Announces Management Resignations and Cessations	Nov. 03	CI
Earthstone Energy's Q3 Adjusted Earnings, Revenue Fall	Nov. 01	MT
Earthstone Energy, Inc.(NYSE:ESTE) dropped from S&P Global BMI Index	Nov. 01	CI
Earthstone Energy, Inc.(NYSE:ESTE) dropped from S&P TMI Index	Nov. 01	CI
Permian Resources Corporation (NYSE:PR) completed the acquisition of Earthstone Energy, Inc. from EnCap Capital Energy Fund XI, L.P, managed by EnCap Investments L.P. and others.	Oct. 31	CI
Earthstone Energy, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-31	CI
US energy M&A slows in Q3, but October's mega deals to spark activity - Enverus	23-10-24	RE
Sector Update: Energy Stocks Declining Monday Afternoon	23-10-23	MT
Earthstone Energy Declares Special Cash Dividend	23-10-23	MT
Earthstone Energy, Inc. Declares A Cash Dividend on Class A and Class B Common Stock, Payable on November 6, 2023	23-10-23	CI
Earthstone Energy Insider Sold Shares Worth $444,731, According to a Recent SEC Filing	23-10-16	MT
Earthstone Energy Insider Sold Shares Worth $223,836, According to a Recent SEC Filing	23-10-13	MT
Earthstone Energy Insider Sold Shares Worth $1,047,675, According to a Recent SEC Filing	23-09-27	MT
Mizuho Adjusts Price Target on Earthstone Energy to $23 From $22, Maintains Neutral Rating	23-09-18	MT
Capital One Downgrades Earthstone Energy to Equal-Weight Rating From Overweight, Price Target is $20	23-09-12	MT
Correction: Permian Resources Prices $500 Million Senior Notes Offering	23-09-07	MT
Permian Resources Prices $500 Million Senior Notes Offering	23-09-07	MT
Riverstone Energy says Permian Resources to buy Earthstone	23-08-23	AN
News Highlights : Top Energy News of the Day	23-08-23	DJ
Energy Shares Slide as Oil Prices Fall -- Energy Roundup	23-08-21	DJ
Sector Update: Energy Stocks Lower Late Afternoon	23-08-21	MT
Earthstone Energy Shares Rise After it Agrees to Be Acquired by Permian Resources for About $4.5 Billion	23-08-21	MT
Sector Update: Energy Stocks Declining Monday Afternoon	23-08-21	MT

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Company Profile

Earthstone Energy, Inc. is an independent oil and gas company. The Company is engaged in the acquisition and development of oil and gas reserves through activities that include drilling and development of undeveloped leases, as well as asset and corporate acquisitions and mergers. It operates through the oil and natural gas exploration and production segment. Its operations are all in the upstream segment of the oil and natural gas industry and all its properties are onshore in the United States. Its primary assets are in the Midland Basin in West Texas and the Delaware Basin in New Mexico. It has approximately 167,000 net acres in the Midland Basin that are highly contiguous on a project-by-project basis which allows the Company to drill multi-well pads. It has approximately 45,000 net acres in the Delaware Basin in New Mexico that are highly contiguous on a project-by-project basis which allows the Company to drill multi-well pads. It also owns assets in the northern Delaware Basin.

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Oil & Gas Exploration and Production

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