Media coverage about Extraction Oil & Gas (NASDAQ:XOG) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Extraction Oil & Gas earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 47.2482709357772 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s rankings:
XOG has been the topic of a number of analyst reports. BidaskClub raised shares of Extraction Oil & Gas from a “hold” rating to a “buy” rating in a research report on Wednesday, December 27th. Williams Capital set a $21.00 price objective on shares of Extraction Oil & Gas and gave the stock a “buy” rating in a research report on Tuesday, December 19th. BMO Capital Markets set a $19.00 price objective on shares of Extraction Oil & Gas and gave the stock a “buy” rating in a research report on Wednesday, April 11th. TheStreet downgraded shares of Extraction Oil & Gas from a “c-” rating to a “d+” rating in a research report on Friday, April 6th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $13.00 price objective on shares of Extraction Oil & Gas in a research report on Monday, March 19th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. Extraction Oil & Gas has a consensus rating of “Hold” and an average target price of $18.50.
XOG stock opened at $13.00 on Tuesday. The company has a market capitalization of $2,247.12, a P/E ratio of 433.33 and a beta of 1.15. The company has a quick ratio of 0.38, a current ratio of 0.41 and a debt-to-equity ratio of 0.63. Extraction Oil & Gas has a 52 week low of $10.28 and a 52 week high of $18.00.
Extraction Oil & Gas (NASDAQ:XOG) last released its earnings results on Tuesday, February 27th. The energy company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. The company had revenue of $214.03 million during the quarter, compared to analysts’ expectations of $198.51 million. Extraction Oil & Gas had a negative net margin of 7.35% and a positive return on equity of 1.34%. equities research analysts forecast that Extraction Oil & Gas will post 0.41 EPS for the current fiscal year.
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About Extraction Oil & Gas
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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