Extraction Oil & Gas Inc (NASDAQ:XOG) – Research analysts at Imperial Capital issued their Q1 2018 earnings per share (EPS) estimates for Extraction Oil & Gas in a report issued on Wednesday, Zacks Investment Research reports. Imperial Capital analyst I. Haas anticipates that the energy company will post earnings per share of ($0.01) for the quarter. Imperial Capital has a “Outperform” rating and a $20.00 price objective on the stock. Imperial Capital also issued estimates for Extraction Oil & Gas’ Q2 2018 earnings at $0.01 EPS, Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.06 EPS and FY2018 earnings at $0.10 EPS.
Several other analysts have also commented on the company. BidaskClub lowered Extraction Oil & Gas from a “hold” rating to a “sell” rating in a report on Thursday. Williams Capital set a $21.00 target price on Extraction Oil & Gas and gave the stock a “buy” rating in a report on Tuesday, December 19th. Credit Suisse Group began coverage on Extraction Oil & Gas in a report on Monday, December 11th. They set an “outperform” rating and a $19.00 target price on the stock. Zacks Investment Research lowered Extraction Oil & Gas from a “hold” rating to a “sell” rating in a report on Thursday, November 23rd. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Extraction Oil & Gas in a report on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $19.50.
Extraction Oil & Gas (XOG) traded down $0.13 during trading on Thursday, reaching $14.16. The company had a trading volume of 1,903,173 shares, compared to its average volume of 1,360,000. The firm has a market capitalization of $2,430.00 and a price-to-earnings ratio of -8.18. Extraction Oil & Gas has a 12-month low of $11.31 and a 12-month high of $20.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.92 and a current ratio of 0.97.
In other Extraction Oil & Gas news, insider Matthew R. Owens sold 400,000 shares of the stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $14.81, for a total transaction of $5,924,000.00. Following the transaction, the insider now owns 1,081,051 shares in the company, valued at $16,010,365.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 6.70% of the company’s stock.
Hedge funds have recently modified their holdings of the business. Simplex Trading LLC boosted its position in Extraction Oil & Gas by 322.5% during the fourth quarter. Simplex Trading LLC now owns 7,131 shares of the energy company’s stock worth $102,000 after purchasing an additional 5,443 shares in the last quarter. Citigroup Inc. boosted its position in Extraction Oil & Gas by 147.4% during the second quarter. Citigroup Inc. now owns 8,904 shares of the energy company’s stock worth $120,000 after purchasing an additional 5,305 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new position in Extraction Oil & Gas during the second quarter worth approximately $144,000. Great West Life Assurance Co. Can purchased a new position in Extraction Oil & Gas during the second quarter worth approximately $148,000. Finally, Legal & General Group Plc boosted its position in Extraction Oil & Gas by 14.4% during the second quarter. Legal & General Group Plc now owns 11,537 shares of the energy company’s stock worth $155,000 after purchasing an additional 1,453 shares in the last quarter. Institutional investors own 89.17% of the company’s stock.
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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.
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