Extraction Oil & Gas Inc (NYSE:XOG) has been assigned a $20.00 price target by equities research analysts at Barclays PLC in a note issued to investors on Wednesday. The firm presently has a “buy” rating on the energy company’s stock. Barclays PLC’s target price suggests a potential upside of 28.21% from the company’s current price.

A number of other equities research analysts have also recently commented on XOG. Royal Bank Of Canada set a $25.00 price target on shares of Extraction Oil & Gas and gave the company a “buy” rating in a report on Saturday, June 24th. Citigroup Inc. cut their price target on shares of Extraction Oil & Gas from $24.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday, July 13th. SunTrust Banks, Inc. set a $20.00 price target on shares of Extraction Oil & Gas and gave the company a “buy” rating in a report on Saturday, July 22nd. BMO Capital Markets upgraded shares of Extraction Oil & Gas from a “market perform” rating to an “outperform” rating and set a $17.00 price target on the stock in a report on Monday, August 7th. They noted that the move was a valuation call. Finally, Zacks Investment Research cut shares of Extraction Oil & Gas from a “hold” rating to a “sell” rating in a report on Wednesday, August 23rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $20.46.

Extraction Oil & Gas (XOG) traded up 1.30% during trading on Wednesday, hitting $15.60. 542,349 shares of the company’s stock traded hands. Extraction Oil & Gas has a 12 month low of $11.31 and a 12 month high of $25.08. The company’s 50 day moving average is $14.60 and its 200-day moving average is $14.60.

Extraction Oil & Gas (NYSE:XOG) last posted its quarterly earnings results on Wednesday, August 9th. The energy company reported $0.02 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.03. Extraction Oil & Gas had a net margin of 6.05% and a return on equity of 0.78%. The firm had revenue of $119.80 million for the quarter, compared to analysts’ expectations of $121.15 million. The business’s revenue was up 83.2% on a year-over-year basis. Equities analysts anticipate that Extraction Oil & Gas will post $0.01 earnings per share for the current fiscal year.

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A number of institutional investors have recently modified their holdings of XOG. Russell Investments Group Ltd. lifted its position in Extraction Oil & Gas by 62.3% during the first 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 during the period. Bank of New York Mellon Corp lifted its position in Extraction Oil & Gas by 59.9% during the first 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 during the period. Ameriprise Financial Inc. lifted its position in Extraction Oil & Gas by 2.4% during the first 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 during the period. Parametric Portfolio Associates LLC lifted its position in Extraction Oil & Gas by 23.9% during the first 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 during the period. Finally, JPMorgan Chase & Co. lifted its position in Extraction Oil & Gas by 45.2% during the first quarter. JPMorgan Chase & Co. now owns 82,762 shares of the energy company’s stock valued at $1,535,000 after purchasing an additional 25,782 shares during the period.

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.

Analyst Recommendations for Extraction Oil & Gas (NYSE:XOG)

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