Extraction Oil & Gas Inc (NASDAQ:XOG) – Equities researchers at SunTrust Banks reduced their Q4 2019 earnings per share estimates for shares of Extraction Oil & Gas in a research note issued on Thursday, November 7th. SunTrust Banks analyst W. Fitzpatrick now expects that the energy company will earn $0.01 per share for the quarter, down from their prior forecast of $0.03.

Several other brokerages have also commented on XOG. Williams Capital reiterated a “buy” rating and set a $5.50 price target on shares of Extraction Oil & Gas in a research note on Friday. Royal Bank of Canada set a $8.00 price target on shares of Extraction Oil & Gas and gave the stock a “buy” rating in a research note on Friday, August 2nd. Barclays began coverage on shares of Extraction Oil & Gas in a research note on Friday, August 30th. They set an “underweight” rating and a $4.00 price target on the stock. Wells Fargo & Co reiterated a “hold” rating on shares of Extraction Oil & Gas in a research note on Monday, October 14th. Finally, ValuEngine upgraded shares of Extraction Oil & Gas from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. Extraction Oil & Gas presently has an average rating of “Hold” and an average target price of $5.22.

Shares of NASDAQ:XOG opened at $1.87 on Monday. The company’s fifty day moving average price is $2.45 and its 200 day moving average price is $3.56. Extraction Oil & Gas has a 12 month low of $1.66 and a 12 month high of $8.55. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.35 and a quick ratio of 0.32. The firm has a market capitalization of $311.30 million, a P/E ratio of -18.70 and a beta of 1.87.

A number of institutional investors have recently modified their holdings of XOG. First Trust Advisors LP grew its position in Extraction Oil & Gas by 73.1% during the 1st quarter. First Trust Advisors LP now owns 808,686 shares of the energy company’s stock worth $3,421,000 after purchasing an additional 341,607 shares during the last quarter. LGT Capital Partners LTD. grew its position in Extraction Oil & Gas by 22.1% during the 2nd quarter. LGT Capital Partners LTD. now owns 470,000 shares of the energy company’s stock worth $2,035,000 after purchasing an additional 85,000 shares during the last quarter. JJJ Advisors Inc. grew its position in Extraction Oil & Gas by 6.8% during the 2nd quarter. JJJ Advisors Inc. now owns 143,019 shares of the energy company’s stock worth $619,000 after purchasing an additional 9,103 shares during the last quarter. Aperio Group LLC grew its position in Extraction Oil & Gas by 184.4% during the 2nd quarter. Aperio Group LLC now owns 136,569 shares of the energy company’s stock worth $591,000 after purchasing an additional 88,546 shares during the last quarter. Finally, Swiss National Bank grew its position in Extraction Oil & Gas by 7.7% during the 2nd quarter. Swiss National Bank now owns 207,500 shares of the energy company’s stock worth $898,000 after purchasing an additional 14,800 shares during the last quarter.

Extraction Oil & Gas Company Profile

Extraction Oil & Gas, Inc, an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. The company also engages in the construction and support of midstream assets to gather, process, and produce crude oil and gas.

Featured Story: How to trade on quiet period expirations

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

Receive News & Ratings for Extraction Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extraction Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.