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Extraction Oil & Gas Inc (XOG.OQ)

XOG.OQ on NASDAQ Stock Exchange Global Select Market

14.85USD
15 Dec 2017
Change (% chg)

$-0.31 (-2.04%)
Prev Close
$15.16
Open
$15.24
Day's High
$15.28
Day's Low
$14.66
Volume
985,481
Avg. Vol
412,465
52-wk High
$20.65
52-wk Low
$11.31

Latest Key Developments (Source: Significant Developments)

Extraction Oil & Gas reports Q3 loss per share $0.20
Tuesday, 7 Nov 2017 04:10pm EST 

Nov 7 (Reuters) - Extraction Oil & Gas Inc ::Extraction Oil & Gas Inc Announces third-quarter 2017 results; exceeds third quarter production guidance and increases full-year 2017 crude oil and equivalent volume guidance.Q3 loss per share $0.20.Q3 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.For Q3 average net sales volumes of 62,884 barrels of oil equivalent per day (BOE/D) ​.Expects fourth-quarter 2017 average net sales volumes to be 65-67 MBOE/D with 32-34 MBBL/D of crude oil​.Increases its full year 2017 crude oil production guidance to 25.5-26.5 MBBL/D​.  Full Article

Extraction Oil & Gas announces approval of Broomfield operator agreement
Wednesday, 25 Oct 2017 03:45am EDT 

Oct 25 (Reuters) - Extraction Oil & Gas Inc :‍Extraction Oil & Gas, Inc. announces approval of Broomfield Operator Agreement​.Plans to spud its initial Broomfield wells from Coyote Trails pad by end of 2017​.Approval of Broomfield operator agreement has cleared pathway to complete spacing and permitting process of Broomfield leasehold​.  Full Article

Extraction Oil & Gas entered certain increase agreement
Friday, 13 Oct 2017 04:37pm EDT 

Oct 13 (Reuters) - Extraction Oil & Gas Inc :Co entered certain increase agreement, joinder and amendment no. 1 to amended agreement to amended agreement dated Aug. 16, 2017​.Amendment increases borrowing base under credit agreement from $375 million to $525 million - SEC filing​.Amendment effects joinder of new lenders, amends some provisions of credit agreement, including commitments, allocations of lender​.  Full Article

Extraction Oil & Gas Inc files for potential resale of up to 17.5 mln shares of co's common stock by selling stockholders
Friday, 6 Oct 2017 01:01pm EDT 

Oct 6 (Reuters) - Extraction Oil & Gas Inc :Extraction Oil & Gas Inc files for potential resale of up to 17.5 million shares of co's common stock by selling stockholders - sec filing‍​.  Full Article

Extraction Oil & Gas Inc enters into amendment and restatement of that certain credit agreement dated as of Sept 4, 2014
Monday, 21 Aug 2017 04:21pm EDT 

Aug 21 (Reuters) - Extraction Oil & Gas Inc ::Extraction Oil & Gas Inc - ‍on Aug 16, entered into amendment and restatement of that certain credit agreement dated as of Sept 4, 2014 .Extraction Oil & Gas- ‍credit agreement provides for $1.5 billion credit facility subject to initial borrowing base of $375 million,$50 million letter of credit sublimit​.  Full Article

Extraction Oil & Gas reports Q2 earnings per share $0.02
Wednesday, 9 Aug 2017 04:05pm EDT 

Aug 10 (Reuters) - Extraction Oil & Gas Inc -:Extraction Oil & Gas Inc announces second-quarter 2017 results; exceeds second quarter production guidance and increases full-year 2017 crude oil guidance.Q2 earnings per share $0.02.Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Extraction Oil & Gas Inc - second-quarter average net sales volumes of 44,172 barrels of oil equivalent per day.Extraction oil & gas inc - extraction expects third-quarter 2017 average net sales volumes to be 59-62 mboe/d with 32-33 mbbl/d of crude oil.Extraction Oil & Gas Inc - increases full year crude oil production guidance to 24-27 mbbl/d.Extraction Oil & Gas Inc - reaffirms company's previous full-year 2017 equivalent production of 48-54 mboe/d, capital and operating expense guidance.  Full Article

Extraction Oil & Gas Inc announces proposed $350 million private offering of senior unsecured notes due 2024
Tuesday, 18 Jul 2017 08:44am EDT 

July 18 (Reuters) - Extraction Oil & Gas Inc :Extraction Oil & Gas Inc says to use net proceeds from this private placement to partially fund its 2017 capital expenditures.  Full Article

Extraction Oil & Gas provides preliminary second quarter 2017 financial and operational data
Tuesday, 18 Jul 2017 08:43am EDT 

July 18 (Reuters) - Extraction Oil & Gas Inc :Extraction Oil & Gas - preliminary estimates for Q2 average net sales volumes between 43.3 and 45.1 thousand barrels of oil equivalent per day (Mboe/d).Extraction Oil & Gas sees Q2 2017 preliminary net income between $4.0 to $4.2 million, down about 53 percent sequentially.Extraction Oil & Gas - preliminary Q2 estimated adjusted EBITDAX between $70.1 million and $79.2 million.Extraction Oil & Gas -‍ estimates during Q2, aggregate drilling, completion, leasehold, midstream capital expenditures totaled between $265 million-$275 million​.Extraction Oil & Gas - remain on track and on budget with full-year 2017 drilling, completion and capital expenditure schedule.Extraction Oil & Gas - preliminary estimate for Q2 adjusted EBITDAX, unhedged is between $70.0 million and $79.0 million, up about 45 percent sequentially.Extraction Oil & Gas - for H2 2017, have 4.5 million barrels of oil and 14.8 million BTU of natural gas hedged..Extraction Oil & Gas - for 2018, have 6.9 million barrels of oil and 37.2 million BTU of natural gas hedged.Extraction Oil & Gas sees for three months ended June 30, 2017, total revenues $117.4 million to $122.2 million.Q2 revenue view $122.6 million -- Thomson Reuters I/B/E/S.  Full Article

Extraction Oil & Gas reports Q1 earnings per share $0.03
Tuesday, 9 May 2017 04:01pm EDT 

May 9 (Reuters) - Extraction Oil & Gas Inc :Extraction Oil & Gas, Inc. announces first-quarter 2017 results; exceeds high end of production guidance and reaffirms 2017 outlook.Q1 earnings per share $0.03.Q1 earnings per share view $-0.18 -- Thomson Reuters I/B/E/S.Q1 average net sales volumes of 33,383 barrels of oil equivalent per day (boe/d).Extraction expects second-quarter 2017 average net sales volumes to be 42-45 mboe/d.Reaffirms company's previous full-year 2017 production, capital and expense guidance.Extraction continues to expect full-year 2017 net sales volumes to average between 48-54 mboe/d.  Full Article

Extraction Oil & Gas posts Q4 loss per share $1.54
Monday, 13 Mar 2017 04:20pm EDT 

Extraction Oil & Gas Inc : Extraction Oil & Gas Inc - reaffirms 2017 outlook . Q4 loss per share $1.54 . Extraction Oil & Gas Inc - for q4, extraction reported oil, natural gas and NGL sales revenue of $94.7 million, as compared to $56.1 million . Extraction Oil & Gas Inc - Q4 average net sales volumes were 38,161 boe/d, an increase of 32 pct sequentially and 57 pct year-over-year . Extraction Oil & Gas Inc - ended 2016 with $589 million of cash on balance sheet resulting in no net debt . Extraction Oil & Gas Inc - year-end 2016 estimated proved reserves of 238 million barrels of oil equivalent, an approximate 50 pct increase . Extraction Oil & Gas - due to lack of wells turned to sales since mid-september during Q1, estimate Q1 average net sales volumes to be 31-33 mboe/d . Extraction Oil & Gas Inc - oil volumes are expected to average 12-14 mbbl/d for Q1 . Extraction Oil & Gas Inc - for Q1, expect LOE to be between $11.5 million and $12.5 million . Q4 earnings per share view $-0.18, revenue view $88.3 million -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $-0.27, revenue view $596.0 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Extraction Oil & Gas reports Q3 loss per share $0.20

* Extraction Oil & Gas Inc Announces third-quarter 2017 results; exceeds third quarter production guidance and increases full-year 2017 crude oil and equivalent volume guidance