Extraction Oil & Gas (XOG) Given a $21.00 Price Target by Williams Capital Analysts

Extraction Oil & Gas (NASDAQ:XOG) received a $21.00 target price from equities research analysts at Williams Capital in a research note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the energy company’s stock. Williams Capital’s target price indicates a potential upside of 38.80% from the stock’s current price.

A number of other analysts have also recently commented on XOG. Zacks Investment Research upgraded Extraction Oil & Gas from a “sell” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Thursday, October 12th. SunTrust Banks set a $21.00 price objective on Extraction Oil & Gas and gave the company a “buy” rating in a research report on Friday, October 27th. Imperial Capital began coverage on Extraction Oil & Gas in a research report on Wednesday, November 15th. They set an “outperform” rating and a $20.00 price target for the company. KeyCorp reiterated a “buy” rating and set a $17.00 price target on shares of Extraction Oil & Gas in a research report on Tuesday, September 19th. Finally, BidaskClub upgraded Extraction Oil & Gas from a “hold” rating to a “buy” rating in a research report on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $19.50.

Shares of Extraction Oil & Gas (NASDAQ:XOG) traded up $0.28 during trading hours on Tuesday, reaching $15.13. The company’s stock had a trading volume of 1,076,800 shares, compared to its average volume of 1,296,921. Extraction Oil & Gas has a one year low of $11.31 and a one year high of $21.40. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.97 and a quick ratio of 0.92.

A number of large investors have recently modified their holdings of XOG. BlackRock Inc. lifted its stake in shares of Extraction Oil & Gas by 16.4% in the 2nd quarter. BlackRock Inc. now owns 11,434,469 shares of the energy company’s stock valued at $153,792,000 after purchasing an additional 1,612,047 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Extraction Oil & Gas by 87.8% in the 2nd quarter. Vanguard Group Inc. now owns 7,787,620 shares of the energy company’s stock valued at $104,744,000 after purchasing an additional 3,641,505 shares during the last quarter. Capital World Investors lifted its stake in shares of Extraction Oil & Gas by 25.3% in the 2nd quarter. Capital World Investors now owns 5,216,000 shares of the energy company’s stock valued at $70,155,000 after purchasing an additional 1,052,900 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of Extraction Oil & Gas by 16,446.9% in the 3rd quarter. Citadel Advisors LLC now owns 3,071,274 shares of the energy company’s stock valued at $47,267,000 after purchasing an additional 3,052,713 shares during the last quarter. Finally, Point72 Asset Management L.P. lifted its stake in shares of Extraction Oil & Gas by 261.5% in the 3rd quarter. Point72 Asset Management L.P. now owns 3,025,488 shares of the energy company’s stock valued at $46,562,000 after purchasing an additional 2,188,488 shares during the last quarter. Institutional investors own 89.17% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This story was originally reported by American Market News and is owned by of American Market News. If you are accessing this story on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark legislation. The original version of this story can be read at https://www.americanbankingnews.com/2017/12/19/extraction-oil-gas-xog-given-a-21-00-price-target-by-williams-capital-analysts.html.

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.