Extraction Oil & Gas (NASDAQ:XOG) released its earnings results on Tuesday. The energy company reported $0.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.07, reports. Extraction Oil & Gas had a negative net margin of 53.50% and a negative return on equity of 14.60%.
Shares of Extraction Oil & Gas (NASDAQ XOG) traded down $0.24 during midday trading on Tuesday, hitting $12.58. 1,770,000 shares of the stock traded hands, compared to its average volume of 1,440,000. Extraction Oil & Gas has a one year low of $11.31 and a one year high of $19.03. The stock has a market cap of $2,160.00 and a PE ratio of -7.27. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.97 and a quick ratio of 0.92.
In related news, insider Matthew R. Owens sold 400,000 shares of Extraction Oil & Gas stock in a transaction 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 transaction, the insider now owns 1,081,051 shares in the company, valued at approximately $16,010,365.31. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.70% of the company’s stock.
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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.
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