Extraction Oil & Gas Inc (NYSE:XOG) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a report issued on Monday.

Several other equities analysts also recently issued reports on XOG. Zacks Investment Research upgraded shares of Extraction Oil & Gas from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Friday, September 29th. Williams Capital restated a “buy” rating and set a $21.00 price objective on shares of Extraction Oil & Gas in a report on Monday, October 2nd. BMO Capital Markets upgraded shares of Extraction Oil & Gas from a “market perform” rating to an “outperform” rating and set a $17.00 price objective on the stock in a report on Monday, August 7th. They noted that the move was a valuation call. KeyCorp restated a “buy” rating and set a $17.00 price objective on shares of Extraction Oil & Gas in a report on Tuesday, September 19th. Finally, Royal Bank Of Canada set a $16.00 price objective on shares of Extraction Oil & Gas and gave the company a “buy” rating in a report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the stock. Extraction Oil & Gas presently has a consensus rating of “Buy” and a consensus target price of $20.46.

Shares of Extraction Oil & Gas (NYSE XOG) traded down 5.17% during mid-day trading on Monday, hitting $14.86. 1,827,597 shares of the stock were exchanged. The stock has a 50-day moving average price of $14.89 and a 200 day moving average price of $14.89. The firm’s market cap is $2.55 billion. Extraction Oil & Gas has a 52-week low of $11.31 and a 52-week high of $25.08.

Extraction Oil & Gas (NYSE:XOG) last posted its quarterly earnings data on Wednesday, August 9th. The energy company reported $0.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 the consensus estimate of $121.15 million. The business’s revenue for the quarter was up 83.2% on a year-over-year basis. On average, equities research analysts expect that Extraction Oil & Gas will post $0.01 earnings per share for the current year.

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Large investors have recently modified their holdings of the stock. Citigroup Inc. increased its holdings in Extraction Oil & Gas by 147.4% in the 2nd quarter. Citigroup Inc. now owns 8,904 shares of the energy company’s stock worth $120,000 after buying an additional 5,305 shares during the period. BlueCrest Capital Management Ltd acquired a new position in Extraction Oil & Gas in the 2nd quarter worth approximately $144,000. Great West Life Assurance Co. Can acquired a new position in Extraction Oil & Gas in the 2nd quarter worth approximately $148,000. Legal & General Group Plc increased its holdings in Extraction Oil & Gas by 14.4% in the 2nd quarter. Legal & General Group Plc now owns 11,537 shares of the energy company’s stock worth $155,000 after buying an additional 1,453 shares during the period. Finally, GSA Capital Partners LLP acquired a new position in Extraction Oil & Gas in the 2nd quarter worth approximately $190,000.

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.

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

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