Legal & General Group Plc boosted its stake in shares of Extraction Oil & Gas Inc (NYSE:XOG) by 1,416.4% during the first quarter, Holdings Channel reports. The firm owned 10,084 shares of the energy company’s stock after buying an additional 9,419 shares during the period. Legal & General Group Plc’s holdings in Extraction Oil & Gas were worth $187,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in XOG. Ameriprise Financial Inc. raised its position in Extraction Oil & Gas by 2.4% in the first quarter. Ameriprise Financial Inc. now owns 17,735 shares of the energy company’s stock worth $329,000 after buying an additional 420 shares during the last quarter. Stifel Financial Corp raised its position in Extraction Oil & Gas by 2.8% in the first quarter. Stifel Financial Corp now owns 59,700 shares of the energy company’s stock worth $1,111,000 after buying an additional 1,600 shares during the last quarter. First Personal Financial Services raised its position in Extraction Oil & Gas by 358.4% in the first quarter. First Personal Financial Services now owns 5,671 shares of the energy company’s stock worth $105,000 after buying an additional 4,434 shares during the last quarter. Neuberger Berman Group LLC raised its position in Extraction Oil & Gas by 0.7% in the first quarter. Neuberger Berman Group LLC now owns 1,221,892 shares of the energy company’s stock worth $22,666,000 after buying an additional 8,772 shares during the last quarter. Finally, Teachers Advisors LLC raised its position in Extraction Oil & Gas by 23.5% in the first quarter. Teachers Advisors LLC now owns 46,809 shares of the energy company’s stock worth $868,000 after buying an additional 8,899 shares during the last quarter.

Extraction Oil & Gas Inc (NYSE:XOG) traded up 2.61% during trading on Friday, hitting $12.18. The stock had a trading volume of 2,661,054 shares. Extraction Oil & Gas Inc has a 52-week low of $11.31 and a 52-week high of $25.08. The company has a 50-day moving average price of $12.57 and a 200-day moving average price of $15.64.

Extraction Oil & Gas (NYSE:XOG) last issued its earnings results on Wednesday, August 9th. The energy company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.03. The company had revenue of $119.80 million during the quarter, compared to the consensus estimate of $121.15 million. Extraction Oil & Gas had a net margin of 9.72% and a return on equity of 2.15%. The company’s quarterly revenue was up 83.2% compared to the same quarter last year. On average, analysts anticipate that Extraction Oil & Gas Inc will post ($0.09) earnings per share for the current year.

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XOG has been the subject of a number of analyst reports. Barclays PLC reaffirmed an “overweight” rating and issued a $22.00 price target (down from $24.00) on shares of Extraction Oil & Gas in a report on Saturday, April 22nd. Royal Bank Of Canada set a $25.00 price target on Extraction Oil & Gas and gave the stock a “buy” rating in a report on Thursday, May 18th. Zacks Investment Research lowered Extraction Oil & Gas from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. Credit Suisse Group reaffirmed an “outperform” rating and issued a $23.00 price target on shares of Extraction Oil & Gas in a report on Friday, June 2nd. Finally, Wells Fargo & Company lowered Extraction Oil & Gas from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. Extraction Oil & Gas currently has an average rating of “Buy” and a consensus target price of $22.82.

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

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