Williams Capital restated their buy rating on shares of Extraction Oil & Gas Inc (NYSE:XOG) in a research note released on Monday, MarketBeat Ratings reports. The firm currently has a $21.00 price objective on the energy company’s stock.

XOG has been the topic of a number of other reports. Zacks Investment Research lowered Extraction Oil & Gas from a hold rating to a sell rating in a research note on Wednesday, August 23rd. SunTrust Banks, Inc. set a $20.00 price target on Extraction Oil & Gas and gave the stock a buy rating in a research note on Saturday, July 22nd. Citigroup Inc. lowered their price target on Extraction Oil & Gas from $23.00 to $21.00 and set a buy rating on the stock in a research note on Friday, July 21st. Royal Bank Of Canada set a $16.00 price target on Extraction Oil & Gas and gave the stock a buy rating in a research note on Thursday, August 24th. Finally, KeyCorp reaffirmed a buy rating and issued a $17.00 price target on shares of Extraction Oil & Gas in a research note on Tuesday, September 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company’s stock. Extraction Oil & Gas has an average rating of Buy and a consensus price target of $21.33.

Extraction Oil & Gas (XOG) opened at 15.15 on Monday. Extraction Oil & Gas has a 1-year low of $12.98 and a 1-year high of $25.08. The firm has a 50-day moving average price of $14.44 and a 200 day moving average price of $14.44.

Extraction Oil & Gas (NYSE:XOG) last issued its quarterly earnings results on Wednesday, August 9th. The energy company reported $0.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.03. The firm had revenue of $119.80 million for the quarter, compared to analyst estimates of $121.15 million. Extraction Oil & Gas had a return on equity of 0.78% and a net margin of 6.05%. The firm’s quarterly revenue was up 83.2% compared to the same quarter last year. On average, analysts forecast that Extraction Oil & Gas will post $0.02 EPS for the current year.

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A number of large investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio raised its position in Extraction Oil & Gas by 198.6% in the second quarter. Public Employees Retirement System of Ohio now owns 53,422 shares of the energy company’s stock valued at $719,000 after purchasing an additional 35,531 shares during the period. California State Teachers Retirement System raised its position in Extraction Oil & Gas by 152.5% in the second quarter. California State Teachers Retirement System now owns 221,674 shares of the energy company’s stock valued at $2,982,000 after purchasing an additional 133,874 shares during the period. BlueCrest Capital Management Ltd purchased a new stake in Extraction Oil & Gas in the second quarter valued at $144,000. State Street Corp raised its position in Extraction Oil & Gas by 46.0% in the second quarter. State Street Corp now owns 2,631,506 shares of the energy company’s stock valued at $35,393,000 after purchasing an additional 829,547 shares during the period. Finally, Capital World Investors raised its position in Extraction Oil & Gas by 25.3% in the second quarter. Capital World Investors now owns 5,216,000 shares of the energy company’s stock valued at $70,155,000 after purchasing an additional 1,052,900 shares during the period.

Extraction Oil & Gas Company Profile

Extraction Oil & Gas, Inc, formerly Extraction Oil & Gas, LLC, is an energy company. It is focused on the acquisition, development and production of oil, natural gas and natural gas liquids (NGL) reserves in the Rocky Mountains, primarily in the Wattenberg Field of the Denver-Julesburg Basin (the DJ Basin) of Colorado.

Analyst Recommendations for Extraction Oil & Gas (NYSE:XOG)

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