Extraction Oil & Gas Inc (NYSE:XOG) Given a $20.00 Price Target by SunTrust Banks, Inc. Analysts

SunTrust Banks, Inc. set a $20.00 target price on Extraction Oil & Gas Inc (NYSE:XOG) in a research report released on Saturday, July 22nd. The brokerage currently has a buy rating on the energy company’s stock.

XOG has been the subject of several other reports. Wells Fargo & Company cut shares of Extraction Oil & Gas from an outperform rating to a market perform rating in a research report on Wednesday, May 3rd. Zacks Investment Research cut shares of Extraction Oil & Gas from a buy rating to a hold rating in a research report on Friday, June 23rd. Barclays PLC reiterated an overweight rating and set a $22.00 price objective (down from $24.00) on shares of Extraction Oil & Gas in a research report on Saturday, April 22nd. Credit Suisse Group reiterated an outperform rating and set a $25.00 price objective on shares of Extraction Oil & Gas in a research report on Monday, May 8th. Finally, Citigroup Inc. lowered their price objective on shares of Extraction Oil & Gas from $23.00 to $21.00 and set a buy rating for the company in a research report on Friday, July 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company’s stock. Extraction Oil & Gas presently has an average rating of Buy and a consensus target price of $22.82.

Extraction Oil & Gas (XOG) traded up 1.64% during trading on Friday, reaching $11.75. The company had a trading volume of 834,474 shares. The company has a 50-day moving average of $12.34 and a 200-day moving average of $15.39. Extraction Oil & Gas has a 52-week low of $11.31 and a 52-week high of $25.08.

Extraction Oil & Gas (NYSE:XOG) last issued its earnings results on Wednesday, August 9th. The energy company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.03. The company had revenue of $119.80 million during the quarter, compared to analysts’ expectations of $121.15 million. Extraction Oil & Gas had a net margin of 9.72% and a return on equity of 2.15%. The firm’s revenue was up 83.2% compared to the same quarter last year. On average, equities research analysts forecast that Extraction Oil & Gas will post ($0.01) EPS for the current year.

TRADEMARK VIOLATION WARNING: “Extraction Oil & Gas Inc (NYSE:XOG) Given a $20.00 Price Target by SunTrust Banks, Inc. Analysts” was reported by BNB Daily and is the property of of BNB Daily. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.baseball-news-blog.com/2017/08/19/extraction-oil-gas-inc-nysexog-pt-set-at-20-00-by-suntrust-banks-inc-updated-updated-updated.html.

Hedge funds and other institutional investors have recently modified their holdings of the company. First Personal Financial Services raised its position in shares of Extraction Oil & Gas by 358.4% in the first quarter. First Personal Financial Services now owns 5,671 shares of the energy company’s stock valued at $105,000 after buying an additional 4,434 shares in the last quarter. Bank of New York Mellon Corp increased its position in Extraction Oil & Gas by 59.9% in the first quarter. Bank of New York Mellon Corp now owns 130,874 shares of the energy company’s stock valued at $2,428,000 after buying an additional 49,019 shares during the last quarter. Boston Partners increased its position in Extraction Oil & Gas by 29.0% in the first quarter. Boston Partners now owns 608,480 shares of the energy company’s stock valued at $11,288,000 after buying an additional 136,680 shares during the last quarter. American Century Companies Inc. increased its position in Extraction Oil & Gas by 3.9% in the first quarter. American Century Companies Inc. now owns 546,143 shares of the energy company’s stock valued at $10,131,000 after buying an additional 20,679 shares during the last quarter. Finally, Caymus Capital Partners L.P. acquired a new position in Extraction Oil & Gas during the first quarter valued at $23,225,000.

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.

Analyst Recommendations for Extraction Oil & Gas (NYSE:XOG)

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.

Latest News

Leave a Reply