Media coverage about Extraction Oil & Gas (NASDAQ:XOG) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Extraction Oil & Gas earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the energy company an impact score of 47.358929728789 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern’s rankings:
Extraction Oil & Gas (NASDAQ XOG) opened at $14.16 on Friday. The company has a market capitalization of $2,430.00 and a PE 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 current ratio of 0.97 and a quick ratio of 0.92.
A number of research analysts have weighed in on the company. BidaskClub downgraded 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 company 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 issued an “outperform” rating and a $19.00 target price on the stock. Zacks Investment Research downgraded Extraction Oil & Gas from a “hold” rating to a “sell” rating in a research note on Thursday, November 23rd. Finally, Imperial Capital began coverage on Extraction Oil & Gas in a research note on Wednesday, November 15th. They issued an “outperform” rating and a $20.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $19.50.
In related news, insider Matthew R. Owens sold 400,000 shares of Extraction Oil & Gas 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 sale, the insider now owns 1,081,051 shares of the company’s stock, valued at approximately $16,010,365.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.70% of the stock is currently owned by company insiders.
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About Extraction Oil & Gas
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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