Extraction Oil & Gas (XOG) Misses Q1 EPS by 61c, Revenues Miss
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Extraction Oil & Gas, Inc. Announces First-Quarter 2019 Results
May 2, 2019 4:02 PM EDTDENVER, May 02, 2019 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (Extraction or the Company) today reported financial and operational results for the first quarter of 2019.
First-Quarter 2019 Highlights
First quarter average net sales volumes of 80,401 barrels of oil equivalent per day (BOE/d), including 39,809 barrels per day (Bbl/d) of crude oil;Â For the first quarter, Extraction reported net loss of $94.0 million, or $0.60 per basic and diluted share, driven primarily by a non-cash change in derivatives of $102.3 million. This compared to a net loss... More