Extraction Oil & Gas, Inc. Announces Second-Quarter 2019 Results
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Extraction Oil & Gas (XOG) Tops Q2 EPS by 29c
August 1, 2019 4:03 PM EDTExtraction Oil & Gas (NASDAQ: XOG) reported Q2 EPS of $0.22, $0.29 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $222.06 million versus the consensus estimate of $225.16 million.
Average net sales volumes of 82,856 barrels of oil equivalent per day (BOE/d), including 40,113 barrels per day (Bbl/d) of crude oil; Net income of $43.4 million, or $0.22 per basic and diluted share, driven by a gain on commodity derivatives of $73.5 million. This compared to net income of... More