News articles about Extraction Oil & Gas (NYSE:XOG) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Extraction Oil & Gas earned a news sentiment score of 0.01 on Accern’s scale. Accern also assigned news headlines about the energy company an impact score of 47.2337384046299 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Extraction Oil & Gas (NYSE:XOG) traded up 1.29% during midday trading on Wednesday, hitting $11.80. The company had a trading volume of 1,571,054 shares. Extraction Oil & Gas has a 12 month low of $11.31 and a 12 month high of $25.08. The stock’s 50-day moving average price is $12.76 and its 200-day moving average price is $15.88.
Extraction Oil & Gas (NYSE:XOG) last issued its quarterly earnings data on Tuesday, May 9th. The energy company reported $0.03 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.21. The firm had revenue of $89.60 million during the quarter, compared to the consensus estimate of $75.66 million. Extraction Oil & Gas had a return on equity of 2.15% and a net margin of 9.72%. Extraction Oil & Gas’s revenue was up 98.7% on a year-over-year basis. On average, analysts anticipate that Extraction Oil & Gas will post ($0.09) earnings per share for the current fiscal year.
Several equities analysts have commented on the stock. BMO Capital Markets upgraded shares of Extraction Oil & Gas from a “market perform” rating to an “outperform” rating and set a $17.00 price target on the stock in a research note on Monday. They noted that the move was a valuation call. SunTrust Banks, Inc. set a $20.00 price target on shares of Extraction Oil & Gas and gave the company a “buy” rating in a research note on Saturday, July 22nd. Citigroup Inc. dropped their price target on shares of 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. Royal Bank Of Canada set a $25.00 price objective on Extraction Oil & Gas and gave the company a “buy” rating in a report on Saturday, June 24th. Finally, Zacks Investment Research downgraded Extraction Oil & Gas from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $22.82.
WARNING: This piece was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this piece can be accessed at https://stocknewstimes.com/2017/08/09/extraction-oil-gas-nysexog-receiving-somewhat-positive-news-coverage-report-shows-updated.html.
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.
Receive News & Ratings for Extraction Oil & Gas Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extraction Oil & Gas Inc and related companies with MarketBeat.com's FREE daily email newsletter.
