Extraction Oil & Gas Inc (NYSE:XOG) issued its quarterly earnings results on Tuesday. The energy company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02, reports. The firm had revenue of $180.86 million during the quarter, compared to analyst estimates of $171.96 million. Extraction Oil & Gas had a return on equity of 0.78% and a net margin of 6.05%. The firm’s revenue was up 148.1% on a year-over-year basis.

Extraction Oil & Gas (NYSE:XOG) traded down $0.37 on Tuesday, hitting $16.20. The stock had a trading volume of 1,836,670 shares, compared to its average volume of 1,250,000. Extraction Oil & Gas has a one year low of $11.31 and a one year high of $25.08.

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XOG has been the subject of a number of research reports. Zacks Investment Research lowered Extraction Oil & Gas from a “buy” rating to a “hold” rating in a research note on Saturday, September 30th. Royal Bank Of Canada set a $16.00 price target on Extraction Oil & Gas and gave the company a “buy” rating in a research note on Thursday, August 24th. Barclays PLC set a $20.00 price target on Extraction Oil & Gas and gave the company a “buy” rating in a research note on Wednesday, October 11th. BidaskClub raised Extraction Oil & Gas from a “hold” rating to a “buy” rating in a research note on Wednesday, November 1st. Finally, Jefferies Group LLC assumed coverage on Extraction Oil & Gas in a research note on Monday, October 9th. They set a “hold” rating and a $14.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $20.54.

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.

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