XOG - Extraction Oil & Gas, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
0.3701
-0.0259 (-6.54%)
As of 2:39PM EDT. Market open.
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Previous Close0.3960
Open0.3771
Bid3.7200 x 27000
Ask3.7300 x 27000
Day's Range0.3500 - 0.4260
52 Week Range0.2100 - 5.6700
Volume933,258
Avg. Volume4,904,061
Market Cap50.995M
Beta (5Y Monthly)2.54
PE Ratio (TTM)12.53
EPS (TTM)-9.2870
Earnings DateApr 29, 2020 - May 03, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.65
  • Denver oil company slashes local oilfield spending by hundreds of millions, executives cut pay
    American City Business Journals

    Denver oil company slashes local oilfield spending by hundreds of millions, executives cut pay

    Extraction Oil and Gas is slashing its drilling and oilfield development spending by 42% and its executive cutting their pay to trim administrative costs in response to the oil market collapse. Denver-based Extraction Oil and Gas Inc. (Nasdaq: XOG) will reduce its 2020 capital investment to between $250 million and $300 million, and it is cutting its general and administrative budget 18% to between $40 million and $50 million this year, the company announced Thursday afternoon. “As we continue to focus on strengthening our balance sheet and maximizing liquidity, we are reducing our activity in light of current challenging economic conditions,” said CEO Matt Owens, in a written statement.

  • GlobeNewswire

    Extraction Provides Update to 2020 Capital and G&A Budgets

    In response to recent commodity price weakness, The Company has reduced its 2020 upstream capital budget by 42% to $250-300 million. The Company also reduced its 2020 cash G&A budget 18% to $40-$50 million, including a reduction in the cash compensation of the Company’s senior management team. Extraction expects to update its detailed financial and operational guidance in the coming months.

  • GlobeNewswire

    Extraction Oil & Gas Launches Inaugural Environmental Social Governance Report

    Extraction Oil & Gas, Inc. (Extraction) (XOG) announces the publication of its inaugural Environmental Social Governance Report. “Embarking on our first sustainability report is a particular point of pride for Extraction,” said Matt Owens, President and CEO. “From day one, we have committed to redefining ‘industry standard’ and setting a new high bar for safe and efficient operations throughout Colorado. ‘Above & Beyond’ shows how we turn that commitment into a reality and how we are uniquely positioned within the industry to deliver sustainable returns to both investors and the communities where we operate.”

  • Market collapse cuts $63B from Colorado oil producers' stock value
    American City Business Journals

    Market collapse cuts $63B from Colorado oil producers' stock value

    The stock market dive has been especially rough on oil and gas producers in Colorado, which collectively lost more than $63 billion in market value since the start of 2020. The companies' share prices have been hit by double shocks. Experts projected a drop in global oil demand due to the novel coronavirus epidemic slowing major economies.

  • Extraction Oil & Gas changes leadership, posts $1.4B loss on write-down
    American City Business Journals

    Extraction Oil & Gas changes leadership, posts $1.4B loss on write-down

    The Denver-based company appointed Matt Owens, president and COO and co-founder of Extraction Oil & Gas Inc. (Nasdaq: XOG), as CEO, president and board member immediately. Owens had been acting CEO since April when Mark Erickson, then Extraction’s CEO and board chairman, took leave to battle cancer.

  • EXTRACTION O&G (XOG) Reports Q4 Loss, Tops Revenue Estimates
    Zacks

    EXTRACTION O&G (XOG) Reports Q4 Loss, Tops Revenue Estimates

    EXTRACTION O&G (XOG) delivered earnings and revenue surprises of -333.33% and 6.76%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Extraction Announces Management Transition and Appoints Tom Tyree as Executive Chairman

    In conjunction with Mr. Erickson’s departure from Extraction’s Board of Directors, the Company has appointed Thomas B. Tyree, Jr. as Executive Chairman. In addition, Matt Owens has been named permanent CEO and will also maintain his roles as President and member of the Board.

  • GlobeNewswire

    Extraction Oil & Gas, Inc. Announces Fourth-Quarter and Full-Year 2019 Results

    DENVER, March 05, 2020 -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today reported financial and operational results for the fourth-quarter.

  • ACCESSWIRE

    Extraction Oil & Gas, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / March 5, 2020 / Extraction Oil & Gas, Inc. (XOG) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 5, 2020 at 4:30 PM ...

  • EXTRACTION O&G (XOG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
    Zacks

    EXTRACTION O&G (XOG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

    EXTRACTION O&G (XOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Colorado oil and gas stocks pummeled by coronavirus fear, broader trends
    American City Business Journals

    Colorado oil and gas stocks pummeled by coronavirus fear, broader trends

    Oil and gas stock prices have been hit the hardest by bad news in the market this year, with Colorado shale oil companies among the worst performing nationwide. Whiting Petroleum Corp (NYSE: WLL) and Extraction Oil & Gas Inc. (Nasdaq: XOG), both based in Denver, are among the five worst-performing stocks nationally out of 3,000 U.S. public companies included in a Denver Business Journal analysis. Several other Denver-based companies, including Centennial Resource Development Inc. (Nasdaq: CDEV), QEP Resources (NYSE: QEP), Highpoint Resources Corp. (NYSE: HPR) and Ovinitiv Inc. (NYSE: OVV) are among the 100 public companies that have lost the most since Jan. 2, all of them losing more than 45% of their stock value so far this year.

  • Denver oil company lays off 20% of statewide workforce
    American City Business Journals

    Denver oil company lays off 20% of statewide workforce

    Another Colorado oil and gas company cut its staff this week amid lingering low crude oil prices and a slowdown in new well drilling in the state. “Unfortunately, this resulted in difficult but necessary organizational changes ... This was a difficult decision and one we did not take lightly.” The company had been growing, approaching 300 employees in early 2019. Its growth and debt, and its drilling territory close to northern metro-area suburbs have made it one of the most closely watched Colorado oil companies by investors.

  • GlobeNewswire

    HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Urges Investors in Extraction Oil & Gas (XOG) Who Have Suffered Losses to Contact its Attorneys: Firm Investigating Improper Accounting and Possible Securities Fraud

    SAN FRANCISCO, Jan. 09, 2020 -- Hagens Berman urges Extraction Oil & Gas, Inc. (NASDAQ: XOG) investors who have suffered losses to submit their losses now to learn if they.

  • Colorado anti-fracking activists try to get oil-well setback on fall ballot
    American City Business Journals

    Colorado anti-fracking activists try to get oil-well setback on fall ballot

    Colorado voters could be asked again to limit where oil and gas wells can be drilled when they go to the polls this fall. Anti-fracking groups behind an unsuccessful 2018 ballot initiative are trying again, citing unhappiness with the pace of state regulators' ongoing oil and gas industry reforms. "We have little faith in these government agencies to reject corporate influence and make scientifically-backed regulations," said Anne Lee Foster, spokeswoman for Colorado Rising, in a written statement.

  • Broomfield asks the state to limit Extraction's oil well fracking, and the company pushes back
    American City Business Journals

    Broomfield asks the state to limit Extraction's oil well fracking, and the company pushes back

    Extraction Oil & Gas Inc. is restarting fracking at a controversial Broomfield well site amid the city’s attempt to limit work there, alleging the operation has violated noise limits. Broomfield noise monitors had picked up sound in excess of limits 1,000 feet from the Denver-based company’s Livingston site multiple times between Nov. 30 and Dec. 14, the city said. Extraction (Nasdaq: XOG) has its own noise monitors near the Livingston well site at Broomfield’s northern edge and says it finds no violations of the 55-decibel daytime or 50-decibel nighttime standards established in the operator agreement it reached with Broomfield in 2018.

  • Is Extraction Oil & Gas, Inc. (XOG) Going To Burn These Hedge Funds ?
    Insider Monkey

    Is Extraction Oil & Gas, Inc. (XOG) Going To Burn These Hedge Funds ?

    Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, […]

  • Crestone Peak Resources strikes deal to nearly triple its Denver-Julesburg Basin lease
    American City Business Journals

    Crestone Peak Resources strikes deal to nearly triple its Denver-Julesburg Basin lease

    Denver-based Crestone Peak Resources has struck a deal to buy 97,000 acres of oil and gas lease territory in Adams and Arapahoe counties and the city of Aurora, nearly tripling the company’s size. The purchase, expected to close early next year, is Crestone Peak’s first significant expansion since the company formed in 2016 after buying the northern Front Range holdings of Encana Corp. Crestone Peaks’ new purchase will expand its leased holdings for oil and gas development to 148,000 acres in the southern Denver-Julesburg Basin. The deal underscores Crestone Peaks’ belief in the value of Colorado oil and gas, even amid sweeping changes to industry regulation in the state, said Jason Oates, Crestone Peak’s director of external affairs.

  • Special Report: These are Denver's Most Admired CEOs for 2019
    American City Business Journals

    Special Report: These are Denver's Most Admired CEOs for 2019

    Twenty top executives were honored Nov. 14 at the Ritz Carlton, with a rock-star theme. Here's who they are, what they do and what they have to say.

  • Most Admired CEO Matt Owens strikes community relationships for energy expansion
    American City Business Journals

    Most Admired CEO Matt Owens strikes community relationships for energy expansion

    Extraction Oil and Gas (Nasdaq: XOG) President Matt Owens co-founded his business in 2012 at the age of 26; this year his partner and CEO, Mark Erickson, was diagnosed with cancer and Matt stepped into the acting CEO role. You were unexpectedly needed in the CEO role at Extraction due to your partner’s cancer diagnosis during a tumultuous time for the Colorado oil and gas industry.

  • GlobeNewswire

    Extraction Oil & Gas, Inc. Announces Third-Quarter 2019 Results; Provides Revised 2019 Guidance and Preliminary 2020 Guidance

    DENVER, Nov. 07, 2019 -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today reported financial and operational results for the third quarter of.

  • Analysts Estimate EXTRACTION O&G (XOG) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate EXTRACTION O&G (XOG) to Report a Decline in Earnings: What to Look Out for

    EXTRACTION O&G (XOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Extraction Oil & Gas, Inc. (XOG) Is Burning These Hedge Funds
    Insider Monkey

    Extraction Oil & Gas, Inc. (XOG) Is Burning These Hedge Funds

    "Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]

  • Moody's

    Extraction Oil and Gas, Inc. -- Moody's announces completion of a periodic review of ratings of Extraction Oil and Gas, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Extraction Oil and Gas, Inc. New York, October 25, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Extraction Oil and Gas, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Cowen downgrades energy companies on OPEC+ collapse
    Yahoo Finance Video

    Cowen downgrades energy companies on OPEC+ collapse

    Cowen Senior Analyst Gabriel Daoud joins On The Move to discuss the firm’s decision to downgrade multiple oil and gas companies following OPEC's failure to strike a deal on production cuts.