Extraction Oil & Gas Inc (NASDAQ:XOG) – Analysts at Imperial Capital issued their Q1 2019 earnings per share estimates for shares of Extraction Oil & Gas in a research report issued on Thursday, August 9th. Imperial Capital analyst I. Haas expects that the energy company will earn $0.33 per share for the quarter. Imperial Capital has a “Outperform” rating and a $24.00 price objective on the stock. Imperial Capital also issued estimates for Extraction Oil & Gas’ Q2 2019 earnings at $0.38 EPS, Q3 2019 earnings at $0.41 EPS and Q4 2019 earnings at $0.48 EPS.

A number of other equities research analysts also recently commented on XOG. Macquarie downgraded Extraction Oil & Gas from an “outperform” rating to a “neutral” rating and set a $17.00 target price for the company. in a report on Tuesday, August 7th. JPMorgan Chase & Co. began coverage on Extraction Oil & Gas in a report on Friday, May 4th. They set an “overweight” rating and a $21.00 target price for the company. BidaskClub downgraded Extraction Oil & Gas from a “sell” rating to a “strong sell” rating in a report on Friday. Jefferies Financial Group set a $16.00 target price on Extraction Oil & Gas and gave the stock a “hold” rating in a report on Thursday, July 19th. Finally, TheStreet raised Extraction Oil & Gas from a “d+” rating to a “c-” rating in a report on Thursday, May 17th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company’s stock. Extraction Oil & Gas presently has a consensus rating of “Buy” and a consensus price target of $18.75.

Shares of XOG stock opened at $11.80 on Monday. Extraction Oil & Gas has a fifty-two week low of $10.28 and a fifty-two week high of $17.42. The stock has a market cap of $2.15 billion, a PE ratio of 393.33 and a beta of 1.20. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.46 and a current ratio of 0.41.

Extraction Oil & Gas (NASDAQ:XOG) last issued its quarterly earnings results on Tuesday, August 7th. The energy company reported $0.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.05). Extraction Oil & Gas had a positive return on equity of 0.82% and a negative net margin of 11.69%. The business had revenue of $260.20 million for the quarter, compared to analysts’ expectations of $234.15 million.

A number of large investors have recently made changes to their positions in XOG. Aperio Group LLC acquired a new position in Extraction Oil & Gas in the second quarter valued at approximately $158,000. Principal Financial Group Inc. acquired a new position in Extraction Oil & Gas in the first quarter valued at approximately $181,000. State of Alaska Department of Revenue lifted its holdings in Extraction Oil & Gas by 40.0% in the second quarter. State of Alaska Department of Revenue now owns 13,230 shares of the energy company’s stock valued at $194,000 after acquiring an additional 3,780 shares during the period. TLP Group LLC lifted its holdings in Extraction Oil & Gas by 63,224.1% in the first quarter. TLP Group LLC now owns 18,364 shares of the energy company’s stock valued at $210,000 after acquiring an additional 18,335 shares during the period. Finally, Quantitative Systematic Strategies LLC acquired a new position in Extraction Oil & Gas in the first quarter valued at approximately $219,000. 91.00% of the stock is owned by institutional investors.

Extraction Oil & Gas Company Profile

Extraction Oil & Gas, Inc, an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. As of December 31, 2017, it had approximately 171,400 net acres of contiguous acreage blocks in the productive areas of the DJ Basin; held approximately 183,300 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 292.7 MMBoe; and had 1,300 gross producing wells.

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Earnings History and Estimates for Extraction Oil & Gas (NASDAQ:XOG)

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