Extraction Oil & Gas (XOG) Misses Q3 EPS by 16c

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Go back to Extraction Oil & Gas (XOG) Misses Q3 EPS by 16c

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

November 7, 2017 4:10 PM EST

DENVER, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction or the Company) today reported financial and operational results for the third quarter of 2017.

Third-Quarter 2017 Highlights

Average net sales volumes of 62,884 barrels of oil equivalent per day (BOE/d) including 34,607 barrels per day (Bbl/d) of oil. Production volumes exceeded the high end of the Companys crude oil and total equivalent volume ranges;Net loss of $29.8 million, or $0.20 per basic and diluted share1, compared to a net loss of $37.3 million for... More