Extraction Oil & Gas Inc (NYSE:XOG) – Stock analysts at KeyCorp issued their Q3 2017 earnings per share estimates for shares of Extraction Oil & Gas in a research note issued to investors on Wednesday. KeyCorp analyst D. Deckelbaum forecasts that the energy company will post earnings per share of $0.01 for the quarter. KeyCorp has a “Buy” rating and a $17.00 price objective on the stock. KeyCorp also issued estimates for Extraction Oil & Gas’ Q4 2017 earnings at $0.03 EPS, Q1 2018 earnings at $0.03 EPS, Q2 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.07 EPS, Q4 2018 earnings at $0.14 EPS and FY2018 earnings at $0.30 EPS.

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

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XOG has been the subject of several other reports. Zacks Investment Research lowered Extraction Oil & Gas from a “hold” rating to a “sell” rating in a report on Wednesday, August 23rd. SunTrust Banks, Inc. set a $20.00 price target on Extraction Oil & Gas and gave the company a “buy” rating in a report on Saturday, July 22nd. Citigroup Inc. reduced their price target on Extraction Oil & Gas from $23.00 to $21.00 and set a “buy” rating for the company in a report on Friday, July 21st. Royal Bank Of Canada set a $16.00 price target on Extraction Oil & Gas and gave the company a “buy” rating in a report on Thursday, August 24th. Finally, Jefferies Group LLC started coverage on Extraction Oil & Gas in a research note on Monday, October 9th. They issued a “hold” rating and a $14.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company. Extraction Oil & Gas has an average rating of “Buy” and a consensus target price of $20.46.

Shares of Extraction Oil & Gas (XOG) opened at 15.67 on Monday. Extraction Oil & Gas has a 1-year low of $11.31 and a 1-year high of $25.08. The firm’s market cap is $2.69 billion. The stock has a 50 day moving average of $14.89 and a 200-day moving average of $14.89.

Hedge funds and other institutional investors have recently modified their holdings of the business. Citigroup Inc. increased its position 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 bought a new position in Extraction Oil & Gas in the 2nd quarter worth approximately $144,000. Great West Life Assurance Co. Can bought a new position in Extraction Oil & Gas in the 2nd quarter worth approximately $148,000. Legal & General Group Plc increased its position 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 bought a new position in Extraction Oil & Gas in the 2nd quarter worth approximately $190,000.

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.

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

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