Extraction Oil & Gas (XOG) IPO Opens Up 20%

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Extraction Oil & Gas (XOG) Prices 33.3M Common Stock IPO at $19/Share, Above Prior Estimations

October 12, 2016 6:08 AM EDT

Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction) announced today the pricing of its initial public offering of 33,333,333 shares of its common stock at $19.00 per share. Extraction was initially offering the shares at an estimated price range of $15.00 to $18.00. The shares are expected to begin trading on the NASDAQ Global Select Market under the ticker symbol XOG on October 12, 2016. In addition, Extraction has granted the underwriters a 30-day option to purchase up to an... More