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Extraction Oil & Gas Inc (XOG.OQ)

XOG.OQ on NASDAQ Stock Exchange Global Select Market

12.01USD
21 Feb 2018
Change (% chg)

$-0.53 (-4.23%)
Prev Close
$12.54
Open
$12.56
Day's High
$12.68
Day's Low
$12.01
Volume
400,562
Avg. Vol
407,353
52-wk High
$19.21
52-wk Low
$11.31

Latest Key Developments (Source: Significant Developments)

Extraction Oil & Gas Reports Results Of Tender Offer For 7.875 Pct Senior Unsecured Notes Due 2021
Thursday, 25 Jan 2018 09:15am EST 

Jan 25 (Reuters) - Extraction Oil & Gas Inc ::EXTRACTION OIL & GAS, INC. ANNOUNCES EXPIRATION AND RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS 7.875% SENIOR UNSECURED NOTES DUE 2021.  Full Article

Extraction Oil & Gas Increases Borrowing Base Under Credit Facility
Tuesday, 9 Jan 2018 06:20am EST 

Jan 9 (Reuters) - Extraction Oil & Gas Inc ::EXTRACTION OIL & GAS-ON JAN 5, CO ENTERED MASTER ASSIGNMENT, INCREASE AGREEMENT AND AMENDMENT NO. 2 TO AGREEMENT, DATED AS OF AUG 16, 2017 -SEC FILING​.EXTRACTION OIL & GAS - ‍ AMENDMENT PROVIDES THAT BORROWING BASE UNDER CREDIT AGREEMENT BE INCREASED TO $750 MILLION AS OF NOV 1, 2017​.EXTRACTION OIL & GAS INC - ‍MAXIMUM AMOUNT THAT MAY BE BORROWED UNDER CREDIT FACILITY IS SUBJECT TO CURRENT MAXIMUM LENDING COMMITMENTS OF $650 MILLION​.EXTRACTION OIL & GAS- ‍AMENDMENT PROVIDES MAXIMUM AMOUNT FOR LETTER OF CREDIT ISSUED IN FAVOR OF A PURCHASER OF CO'S CRUDE OIL BE INCREASED TO $35 MILLION​.EXTRACTION OIL & GAS INC - ‍AMENDMENT RE-DETERMINED BORROWING BASE UNDER CREDIT AGREEMENT AT $750 MILLION​.  Full Article

Extraction Oil & Gas Announces 2018 Capital Program
Tuesday, 19 Dec 2017 07:00am EST 

Dec 19 (Reuters) - Extraction Oil & Gas Inc ::EXTRACTION OIL & GAS, INC. ANNOUNCES 2018 CAPITAL PROGRAM; PROVIDES PRODUCTION AND OPERATING EXPENSE GUIDANCE.EXTRACTION OIL & GAS INC - EXPECTS ITS FULL-YEAR 2018 AVERAGE NET SALES VOLUMES TO BE 87.0-93.0 THOUSAND BARRELS OF OIL EQUIVALENT PER DAY (MBOE/D).EXTRACTION OIL & GAS INC - DRILLING AND COMPLETION CAPITAL EXPENDITURES FOR 2018 ARE EXPECTED TO RANGE FROM $770 MILLION TO $840 MILLION.EXTRACTION OIL & GAS INC - ESTIMATES ITS FULL-YEAR 2018 AVERAGE NET SALES VOLUMES TO BE 87.0-93.0 MBOE/D WITH 42.5-45.5 MBBL/D OF CRUDE OIL.  Full Article

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

BRIEF-Extraction Oil & Gas Reports Results Of Tender Offer For 7.875 Pct Senior Unsecured Notes Due 2021

* EXTRACTION OIL & GAS, INC. ANNOUNCES EXPIRATION AND RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS 7.875% SENIOR UNSECURED NOTES DUE 2021 Source text for Eikon: Further company coverage: