Extraction Oil & Gas (XOG) Tops Q3 EPS by 24c, Revenues Beat
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Extraction Oil & Gas, Inc. Announces Third-Quarter 2018 Results
November 6, 2018 4:01 PM ESTDENVER, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction or the Company) today reported financial and operational results for the third quarter of 2018.
Third-Quarter 2018 Highlights
Third quarter average net sales volumes of 75,680 barrels of oil equivalent per day (BOE/d) including 39,323 barrels per day (Bbl/d) of crude oil;Â Â For the third quarter, Extraction reported net income of $65.2 million, or $0.33 per basic and diluted share, compared to net loss of $29.8 million, or $0.20 per basic and diluted share1, for the same period in 2017. Adjusted EBITDAX,... More