Extraction Oil & Gas Inc (NASDAQ:XOG) insider Matthew R. Owens sold 400,000 shares of the company’s stock in a transaction that occurred 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 sale, the insider now owns 1,081,051 shares in the company, valued at $16,010,365.31. The sale was disclosed in a filing with the SEC, which is available at this link.
Extraction Oil & Gas Inc (NASDAQ XOG) traded up $0.12 during trading on Friday, hitting $14.95. 1,926,900 shares of the stock traded hands, compared to its average volume of 1,302,340. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.92 and a current ratio of 0.97. Extraction Oil & Gas Inc has a 12-month low of $11.31 and a 12-month high of $21.40.
Several analysts have issued reports on XOG shares. KeyCorp reiterated an “overweight” rating on shares of Extraction Oil & Gas in a research note on Wednesday, November 8th. BidaskClub upgraded shares of Extraction Oil & Gas from a “hold” rating to a “buy” rating in a research note on Wednesday, November 1st. SunTrust Banks set a $21.00 target price on shares of Extraction Oil & Gas and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Zacks Investment Research upgraded shares of Extraction Oil & Gas from a “sell” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Thursday, October 12th. Finally, Barclays set a $20.00 target price on shares of Extraction Oil & Gas and gave the stock a “buy” rating in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have issued a buy rating to the company. Extraction Oil & Gas currently has a consensus rating of “Buy” and a consensus target price of $19.50.
ILLEGAL ACTIVITY NOTICE: This story was first reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://www.com-unik.info/2017/12/22/extraction-oil-gas-inc-xog-insider-matthew-r-owens-sells-400000-shares.html.
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.
Receive News & Ratings for Extraction Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extraction Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.