Extraction Oil & Gas (XOG) Misses Q2 EPS by 4c, Revenues Beat

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Extraction Oil & Gas, Inc. Announces Second-Quarter 2018 Results

August 7, 2018 4:03 PM EDT

DENVER , Aug. 07, 2018 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction or the Company) today reported financial and operational results for the second quarter of 2018.

Second-Quarter 2018 Highlights

        Second quarter average net sales volumes of 73,563 barrels of oil equivalent per day (BOE/d) including 38,804 barrels per day (Bbl/d) of crude oil;

        For the second quarter, Extraction reported net income of $8.8 million, or $0.03 per basic and diluted share1, compared to net income of $7.2 million, or $0.02 per basic and diluted share1, for the same period in 2017. Adjusted EBITDAX, Unhedged2 was $189.5 million for... More