Extraction Oil & Gas (NASDAQ:XOG) Getting Somewhat Favorable Press Coverage, Report Finds

Media headlines about Extraction Oil & Gas (NASDAQ:XOG) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Extraction Oil & Gas earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the energy company an impact score of 47.2482709357772 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several research analysts have issued reports on XOG shares. BidaskClub upgraded Extraction Oil & Gas from a “strong sell” rating to a “sell” rating in a research note on Thursday, April 12th. Jefferies Group restated a “hold” rating and issued a $13.00 target price on shares of Extraction Oil & Gas in a research note on Monday, March 19th. Macquarie initiated coverage on Extraction Oil & Gas in a report on Thursday, January 25th. They issued an “outperform” rating and a $19.00 price target on the stock. TheStreet cut Extraction Oil & Gas from a “c-” rating to a “d+” rating in a report on Friday, April 6th. Finally, ValuEngine lowered Extraction Oil & Gas from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $18.50.

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XOG opened at $13.94 on Tuesday. The firm has a market capitalization of $2,406.88, a P/E ratio of 464.67 and a beta of 1.15. The company has a quick ratio of 0.38, a current ratio of 0.41 and a debt-to-equity ratio of 0.63. Extraction Oil & Gas has a 1 year low of $10.28 and a 1 year high of $17.34.

Extraction Oil & Gas (NASDAQ:XOG) last released its earnings results on Tuesday, February 27th. The energy company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. Extraction Oil & Gas had a positive return on equity of 1.34% and a negative net margin of 7.35%. The firm had revenue of $214.03 million during the quarter, compared to the consensus estimate of $198.51 million. research analysts expect that Extraction Oil & Gas will post 0.41 EPS for the current fiscal year.

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About Extraction Oil & Gas

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. As of December 31, 2017, it had approximately 171,400 net acres of contiguous acreage blocks in the productive areas of the DJ Basin; held approximately 183,300 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 292.7 MMBoe; and had 1,300 gross producing wells.

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