$0.21 EPS Expected for Extraction Oil & Gas, Inc. (XOG)

October 13, 2018 - By Winifred Garcia

Analysts expect Extraction Oil & Gas, Inc. (NASDAQ:XOG) to report $0.21 EPS on November, 6.They anticipate $0.29 EPS change or 362.50 % from last quarter’s $-0.08 EPS. XOG’s profit would be $36.85M giving it 12.73 P/E if the $0.21 EPS is correct. After having $0.03 EPS previously, Extraction Oil & Gas, Inc.’s analysts see 600.00 % EPS growth. The stock increased 2.79% or $0.29 during the last trading session, reaching $10.69. About 2.05 million shares traded or 1.55% up from the average. Extraction Oil & Gas, Inc. (NASDAQ:XOG) has declined 21.84% since October 14, 2017 and is downtrending. It has underperformed by 37.46% the S&P500.

Extraction Oil & Gas, Inc., an independent gas and oil company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountains regions, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. The company has market cap of $1.88 billion. As of December 31, 2016, it had approximately 109,400 net acres of contiguous acreage blocks in the productive areas of DJ Basin; held approximately 113,700 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 238.1 MMBoe; and had 1,014 gross producing wells. It currently has negative earnings.

More news for Extraction Oil & Gas, Inc. (NASDAQ:XOG) were recently published by: Nasdaq.com, which released: “Extraction Oil & Gas, Inc. Schedules Third-Quarter 2018 Earnings Release and Conference Call” on October 05, 2018. Bizjournals.com‘s article titled: “These businesses are giving heavily to Republican efforts to keep the Colorado Senate” and published on October 09, 2018 is yet another important article.

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