Equities research analysts expect that Extraction Oil & Gas Inc (NYSE:XOG) will report $174.26 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Extraction Oil & Gas’ earnings, with the highest sales estimate coming in at $174.52 million and the lowest estimate coming in at $174.00 million. Extraction Oil & Gas posted sales of $72.90 million in the same quarter last year, which suggests a positive year-over-year growth rate of 139%. The business is expected to issue its next quarterly earnings results on Monday, November 6th.

On average, analysts expect that Extraction Oil & Gas will report full-year sales of $174.26 million for the current fiscal year, with estimates ranging from $570.00 million to $578.52 million. For the next year, analysts anticipate that the firm will post sales of $1.06 billion per share, with estimates ranging from $1.04 billion to $1.09 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that that provide coverage for Extraction Oil & Gas.

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

A number of equities analysts recently issued reports on the company. ValuEngine lowered Extraction Oil & Gas from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Credit Suisse Group reissued an “outperform” rating and set a $23.00 price target on shares of Extraction Oil & Gas in a report on Friday, June 2nd. Zacks Investment Research raised Extraction Oil & Gas from a “sell” rating to a “hold” rating in a report on Saturday. KeyCorp reissued a “buy” rating and set a $17.00 price target on shares of Extraction Oil & Gas in a report on Tuesday, September 19th. Finally, Royal Bank Of Canada set a $25.00 price target on Extraction Oil & Gas and gave the stock a “buy” rating in a report on Saturday, June 24th. One equities research analyst has 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. The stock has a consensus rating of “Buy” and a consensus target price of $21.18.

Shares of Extraction Oil & Gas (NYSE XOG) opened at 15.045 on Tuesday. Extraction Oil & Gas has a 52 week low of $12.98 and a 52 week high of $25.08. The stock has a 50 day moving average price of $13.60 and a 200-day moving average price of $13.60.

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A number of institutional investors and hedge funds have recently made changes to their positions in XOG. Teachers Advisors LLC purchased a new stake in Extraction Oil & Gas in the 4th quarter valued at approximately $760,000. Russell Investments Group Ltd. boosted its holdings in Extraction Oil & Gas by 62.3% in the 1st quarter. Russell Investments Group Ltd. now owns 100,994 shares of the energy company’s stock valued at $1,873,000 after purchasing an additional 38,765 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Extraction Oil & Gas by 59.9% in the 1st quarter. Bank of New York Mellon Corp now owns 130,874 shares of the energy company’s stock valued at $2,428,000 after purchasing an additional 49,019 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Extraction Oil & Gas by 2.4% in the 1st quarter. Ameriprise Financial Inc. now owns 17,735 shares of the energy company’s stock valued at $329,000 after purchasing an additional 420 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its holdings in Extraction Oil & Gas by 23.9% in the 1st quarter. Parametric Portfolio Associates LLC now owns 60,131 shares of the energy company’s stock valued at $1,115,000 after purchasing an additional 11,585 shares in the last quarter.

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

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