Extraction Oil & Gas (XOG) Receiving Somewhat Positive News Coverage, Accern Reports

Media stories about Extraction Oil & Gas (NYSE:XOG) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Extraction Oil & Gas earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 46.0283731319983 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment’s rankings:

XOG has been the topic of a number of recent analyst reports. Royal Bank Of Canada set a $16.00 price objective on Extraction Oil & Gas and gave the stock a “buy” rating in a research note on Thursday, August 24th. Zacks Investment Research lowered Extraction Oil & Gas from a “buy” rating to a “hold” rating in a research note on Saturday, September 30th. Jefferies Group LLC initiated coverage on Extraction Oil & Gas in a research note on Monday. They issued a “hold” rating and a $14.00 price objective on the stock. Citigroup Inc. dropped their price objective on Extraction Oil & Gas from $23.00 to $21.00 and set a “buy” rating on the stock in a research note on Friday, July 21st. Finally, Williams Capital reiterated a “buy” rating and issued a $21.00 price objective on shares of Extraction Oil & Gas in a research note on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $20.77.

Extraction Oil & Gas (NYSE:XOG) traded up 0.13% during trading on Tuesday, hitting $15.40. The stock had a trading volume of 872,997 shares. Extraction Oil & Gas has a 12-month low of $12.98 and a 12-month high of $25.08. The stock has a 50 day moving average price of $14.60 and a 200 day moving average price of $14.60.

Extraction Oil & Gas (NYSE:XOG) last issued its earnings results on Wednesday, August 9th. The energy company reported $0.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.03. Extraction Oil & Gas had a net margin of 6.05% and a return on equity of 0.78%. The business had revenue of $119.80 million during the quarter, compared to the consensus estimate of $121.15 million. The firm’s revenue for the quarter was up 83.2% compared to the same quarter last year. Analysts expect that Extraction Oil & Gas will post $0.01 EPS for the current year.

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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.

Insider Buying and Selling by Quarter for Extraction Oil & Gas (NYSE:XOG)

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