Extraction Oil & Gas (NASDAQ:XOG) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Other analysts also recently issued reports about the stock. KeyCorp reissued a “buy” rating and issued a $17.00 price target on shares of Extraction Oil & Gas in a report on Tuesday, September 19th. Zacks Investment Research raised shares of Extraction Oil & Gas from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Friday, September 29th. Williams Capital reissued a “buy” rating and issued a $21.00 price target on shares of Extraction Oil & Gas in a report on Monday, October 2nd. Barclays set a $20.00 price target on shares of Extraction Oil & Gas and gave the company a “buy” rating in a report on Wednesday, October 11th. Finally, SunTrust Banks set a $21.00 price target on shares of Extraction Oil & Gas and gave the company a “buy” rating in a report on Thursday, November 2nd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $19.50.

Shares of Extraction Oil & Gas (NASDAQ XOG) traded down $0.18 during trading on Friday, reaching $14.72. 901,812 shares of the company’s stock were exchanged, compared to its average volume of 1,058,525. The company has a current ratio of 0.97, a quick ratio of 0.92 and a debt-to-equity ratio of 0.57. Extraction Oil & Gas has a 12-month low of $11.31 and a 12-month high of $20.00. The company has a market cap of $2,530.00 and a P/E ratio of -8.51.

In other news, insider Matthew R. Owens sold 400,000 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $14.81, for a total transaction of $5,924,000.00. Following the completion of the transaction, the insider now directly owns 1,081,051 shares of the company’s stock, valued at approximately $16,010,365.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.70% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the company. Vista Private Wealth Partners. LLC bought a new position in Extraction Oil & Gas during the 3rd quarter valued at about $211,000. Point72 Asset Management L.P. lifted its holdings in Extraction Oil & Gas by 261.5% during 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. Janus Henderson Group PLC bought a new position in Extraction Oil & Gas during the 3rd quarter valued at about $1,189,000. Jane Street Group LLC bought a new position in Extraction Oil & Gas during the 3rd quarter valued at about $210,000. Finally, Alyeska Investment Group L.P. lifted its holdings in Extraction Oil & Gas by 1.1% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,300,000 shares of the energy company’s stock valued at $35,397,000 after purchasing an additional 25,000 shares during the last quarter. 89.17% of the stock is owned by institutional investors.

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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 (NASDAQ:XOG)

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