Extraction Oil & Gas (XOG) Tops Q3 EPS by 24c, Revenues Beat

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Extraction Oil & Gas (XOG) PT Lowered to $13 at RBC Capital; Defeat of Prop 112 Removes an Overhang

November 7, 2018 1:25 PM EST

RBC Capital analyst Brad Heffern lowered the price target on Extraction Oil & Gas (NASDAQ: XOG) to $13.00 (from $15.00) while maintaining an Outperform rating saying the defeat of Proposition 112 removes the largest overhang on XOG's shares.

That said, they think some of XOG's... More