Press coverage about Extraction Oil & Gas (NASDAQ:XOG) has trended somewhat positive this week, Accern reports. The research firm rates 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 -1 to 1, with scores nearest to one being the most favorable. Extraction Oil & Gas earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 48.2668893156069 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.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Extraction Oil & Gas Inc (XOG) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- Extraction Oil & Gas Inc (XOG) Sees Significant Decrease in Short Interest (americanbankingnews.com)
- Comparing Extraction Oil & Gas (XOG) & Its Competitors (americanbankingnews.com)
- Extraction Oil & Gas (XOG) Cut to Sell at BidaskClub (americanbankingnews.com)
- BRIEF-Extraction Oil & Gas Increases Borrowing Base Under Credit Facility (feeds.reuters.com)
Several analysts have recently issued reports on XOG shares. BidaskClub cut shares of Extraction Oil & Gas from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. SunTrust Banks set a $21.00 price target on shares of Extraction Oil & Gas and gave the stock a “buy” rating in a research report on Thursday, November 2nd. KeyCorp reaffirmed an “overweight” rating on shares of Extraction Oil & Gas in a research report on Wednesday, November 8th. Jefferies Group assumed coverage on shares of Extraction Oil & Gas in a research report on Monday, October 9th. They set a “hold” rating and a $14.00 price target for the company. Finally, Barclays set a $20.00 price objective on shares of Extraction Oil & Gas and gave the stock a “buy” rating in a report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $19.50.
Extraction Oil & Gas (XOG) traded down $0.13 during midday trading on Friday, reaching $14.16. 1,903,173 shares of the company’s stock traded hands, compared to its average volume of 1,360,000. The company has a current ratio of 0.97, a quick ratio of 0.92 and a debt-to-equity ratio of 0.57. The company has a market cap of $2,430.00 and a PE ratio of -8.18. Extraction Oil & Gas has a 1 year low of $11.31 and a 1 year high of $20.00.
In related news, insider Matthew R. Owens sold 400,000 shares of the stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $14.81, for a total transaction of $5,924,000.00. Following the completion of the sale, the insider now directly owns 1,081,051 shares of the company’s stock, valued at $16,010,365.31. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 6.70% of the company’s stock.
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.
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