Caymus Capital Partners L.P. Has $10.18 Million Stake in Extraction Oil & Gas Inc (XOG)

Caymus Capital Partners L.P. trimmed its holdings in shares of Extraction Oil & Gas Inc (NASDAQ:XOG) by 50.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 901,473 shares of the energy company’s stock after selling 909,721 shares during the period. Extraction Oil & Gas makes up about 1.7% of Caymus Capital Partners L.P.’s investment portfolio, making the stock its 17th biggest position. Caymus Capital Partners L.P. owned 0.51% of Extraction Oil & Gas worth $10,178,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in Extraction Oil & Gas by 22.6% during the 1st quarter. LPL Financial LLC now owns 25,859 shares of the energy company’s stock valued at $296,000 after purchasing an additional 4,771 shares during the last quarter. Guggenheim Capital LLC lifted its holdings in Extraction Oil & Gas by 37.1% during the 1st quarter. Guggenheim Capital LLC now owns 22,964 shares of the energy company’s stock valued at $263,000 after purchasing an additional 6,218 shares during the last quarter. Legal & General Group Plc lifted its holdings in Extraction Oil & Gas by 124.1% during the 1st quarter. Legal & General Group Plc now owns 67,233 shares of the energy company’s stock valued at $771,000 after purchasing an additional 37,237 shares during the last quarter. Principal Financial Group Inc. bought a new position in Extraction Oil & Gas during the 1st quarter valued at about $181,000. Finally, State of Alaska Department of Revenue lifted its holdings in Extraction Oil & Gas by 40.0% during the 2nd quarter. State of Alaska Department of Revenue now owns 13,230 shares of the energy company’s stock valued at $194,000 after purchasing an additional 3,780 shares during the last quarter. 92.14% of the stock is owned by institutional investors.

XOG opened at $6.46 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 215.33 and a beta of 1.80. Extraction Oil & Gas Inc has a 1-year low of $6.43 and a 1-year high of $17.42.

Extraction Oil & Gas (NASDAQ:XOG) last posted its quarterly earnings data on Tuesday, November 6th. The energy company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.08). The company had revenue of $282.20 million during the quarter, compared to analyst estimates of $256.67 million. Extraction Oil & Gas had a negative net margin of 0.87% and a positive return on equity of 2.07%. The company’s revenue was up 56.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.20) EPS. As a group, equities research analysts forecast that Extraction Oil & Gas Inc will post 0.2 EPS for the current year.

Several equities analysts recently issued reports on XOG shares. BidaskClub downgraded shares of Extraction Oil & Gas from a “sell” rating to a “strong sell” rating in a report on Friday, August 10th. ValuEngine upgraded shares of Extraction Oil & Gas from a “sell” rating to a “hold” rating in a research report on Thursday, August 23rd. Citigroup lowered their price objective on shares of Extraction Oil & Gas from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Thursday, October 25th. Macquarie set a $12.00 price objective on shares of Extraction Oil & Gas and gave the company a “hold” rating in a research report on Friday, October 19th. Finally, Williams Capital set a $15.00 price objective on shares of Extraction Oil & Gas and gave the company a “buy” rating in a research report on Wednesday, November 7th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $15.50.

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About Extraction Oil & Gas

Extraction Oil & Gas, Inc, an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. As of December 31, 2017, it had approximately 171,400 net acres of contiguous acreage blocks in the productive areas of the DJ Basin; held approximately 183,300 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 292.7 MMBoe; and had 1,300 gross producing wells.

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Institutional Ownership by Quarter for Extraction Oil & Gas (NASDAQ:XOG)

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