Extraction Oil & Gas Inc (NASDAQ:XOG) – Equities research analysts at KeyCorp lifted their Q4 2017 EPS estimates for Extraction Oil & Gas in a report released on Tuesday. KeyCorp analyst D. Deckelbaum now anticipates that the energy company will earn $0.05 per share for the quarter, up from their prior estimate of $0.03. KeyCorp has a “Overweight” rating on the stock. KeyCorp also issued estimates for Extraction Oil & Gas’ Q1 2019 earnings at $0.23 EPS, Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.31 EPS and FY2019 earnings at $1.13 EPS.

Other research analysts have also issued reports about the company. Royal Bank of Canada set a $16.00 target price on Extraction Oil & Gas and gave the stock a “buy” rating in a research report on Thursday, August 24th. Zacks Investment Research raised Extraction Oil & Gas from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Friday, September 29th. Williams Capital reaffirmed a “buy” rating and issued a $21.00 target price on shares of Extraction Oil & Gas in a research report on Monday, October 2nd. Barclays set a $20.00 target price on Extraction Oil & Gas and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Finally, BidaskClub raised Extraction Oil & Gas from a “hold” rating to a “buy” rating in a research report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company. Extraction Oil & Gas has a consensus rating of “Buy” and an average target price of $19.50.

Extraction Oil & Gas (NASDAQ:XOG) opened at $14.85 on Thursday. The company has a quick ratio of 0.92, a current ratio of 0.97 and a debt-to-equity ratio of 0.57. Extraction Oil & Gas has a 52-week low of $11.31 and a 52-week high of $21.40.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlueCrest Capital Management Ltd bought a new stake in shares of Extraction Oil & Gas during the 2nd quarter worth about $144,000. Vanguard Group Inc. boosted its stake in shares of Extraction Oil & Gas by 87.8% during the 2nd quarter. Vanguard Group Inc. now owns 7,787,620 shares of the energy company’s stock worth $104,744,000 after acquiring an additional 3,641,505 shares in the last quarter. Morgan Stanley boosted its stake in shares of Extraction Oil & Gas by 182.6% during the 1st quarter. Morgan Stanley now owns 62,211 shares of the energy company’s stock worth $1,154,000 after acquiring an additional 40,196 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its stake in shares of Extraction Oil & Gas by 1,697.9% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 24,559 shares of the energy company’s stock worth $330,000 after acquiring an additional 23,193 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Extraction Oil & Gas by 52.9% during the 2nd quarter. American Century Companies Inc. now owns 834,954 shares of the energy company’s stock worth $11,230,000 after acquiring an additional 288,811 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

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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.

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

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