Extraction Oil & Gas (XOG) Tops Q4 EPS by 42c, Revenues Beat

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Extraction Oil & Gas, Inc. Announces Fourth-Quarter and Full-Year 2018 Results

February 21, 2019 4:03 PM EST

DENVER, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction or the Company) today reported financial and operational results for the fourth-quarter and full-year ended December 31, 2018.

Fourth-Quarter and Full-Year 2018 Highlights

Fourth quarter average net sales volumes of 85,780 barrels of oil equivalent per day (BOE/d), including 46,584 barrels per day (Bbl/d) of crude oil and full-year 2018 average net sales volumes of 76,019 BOE/d, including 40,217 Bbl/d of crude oil;For the fourth quarter, Extraction reported net income of $99.9 million, or $0.52 per basic... More