Extraction Provides Preliminary Financial And Operational Results for Third-Quarter 2021 DENVER, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today reported certain preliminary financial and operational results for the third quarter of 2021. Preliminary Operational and Financial Results and Other Recent Highlights Achieved average net sales volumes of 74 MBoe/d, including 25 MBbl/d of crude oil and 21 MBbl/d of NGLsCrude oil, natural gas and NGL sales revenue of $261 million for the third quarter of 2021 compared to $158 mil...
Extraction Announces First-Quarter 2021 Results DENVER, May 24, 2021 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today reported financial and operational results for the first quarter of 2021. First Quarter 2021 and Other Recent Highlights Emerged from bankruptcy on January 20, 2021 Achieved average net sales volumes of 72 MBoe/d, including 26 MBbl/d of crude oil and 18 MBbl/d of NGLs Revenue of $292 million for the first quarter of 2021 (Successor and Predecessor company periods combined(1)) compared to $165 million for the Predecessor...
Extraction Provides Preliminary Financial and Operational Results for First-Quarter 2021 DENVER, April 26, 2021 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today provided preliminary financial and operational results for the first quarter of 2021. First Quarter 2021 Highlights Achieved average net sales volumes of 71.6 MBoe/d, including 26.0 MBbl/d of crude oil and 18.3 MBbl/d of natural gas liquids (“NGLs”), for the three months ended March 31, 2021Realized prices of approximately $54.61/Bbl for crude oil, $8.47/Mcf for natural g...
Extraction Oil & Gas Announces Fourth-Quarter and Full-Year 2020 Results; Provides Updated Guidance for Full-Year 2021 DENVER, March 18, 2021 (GLOBE NEWSWIRE) -- Extraction Oil & Gas (NASDAQ: XOG) (“Extraction” or the “Company”) today reported financial and operating results for the fourth-quarter and full-year 2020 and provided updated guidance for the full-year 2021. Fourth-Quarter and Full-Year 2020 Highlights Achieved average net sales volumes of 82,944 barrels of oil equivalent per day (Boe/d), of which 37% was crude oil and 62% total liquids, for the three months e...
Extraction Oil & Gas Provides 2021 Guidance Schedules fourth quarter 2020 earnings release and conference call DENVER, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Extraction Oil & Gas (NASDAQ: XOG) (“Extraction” or the “Company”) today provided guidance for the year ended December 31, 2021, which reflects the Company’s post-emergence business model and focus on maximizing returns and generating free cash flow. Details can be found in the table below: Production 66-74 Mboepd (36-38% oil)D&C capex $140-180MMLand net capex $10-20MMLease operating expense $2.25-2.75/BoeRecurring cash G&A expense $29...
Extraction Oil & Gas Completes Financial Restructuring Company Achieves $1.3 Billion Reduction in Funded Debt and Preferred Equity; Names New Board and Leadership; Commences Trading on NASDAQ Under “XOG” on January 20, 2021 Extraction to embrace new E&P business and governance model DENVER, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today announced it has successfully completed its financial restructuring process and emerged from Chapter 11. The Company officially concluded its reorganization after completing all re...
A director at Extraction Oil & Gas Inc sold 1,248,668 shares at 0.324USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ye...
Rating Action: Moody's downgrades Extraction's PDR to D-PD on bankruptcy filing. Global Credit Research- 15 Jun 2020. New York, June 15, 2020-- Moody's Investors Service downgraded Extraction Oil and Gas, Inc.' s Probability of Default Rating to D-PD from C-PD.
Extraction Oil & Gas, Inc. Files for Chapter 11 Protection Announces Entry into Restructuring Support Agreement and $125 Million Financing Facility to Position Company for Long Term Success DENVER, June 14, 2020 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (together with its subsidiaries, “Extraction” or the “Company”) announced today that the Company has voluntarily filed for petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware (the “Court”). The Company has obtained a committed $125 million debtor-...
Extraction Oil & Gas, Inc. Announces First-Quarter 2020 Results DENVER, May 11, 2020 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today reported financial and operational results for the first quarter of 2020. First-Quarter 2020 Highlights Average net sales volumes of 94,247 barrels of oil equivalent per day (Boe/d), including 38,502 barrels per day (Bbl/d) of crude oil Net income of $9 million, or $(0.03) per basic and diluted share, driven by a gain on commodity derivatives of $263 million. This compar...
Extraction Oil & Gas, Inc. Schedules First-Quarter 2020 Earnings Release and Conference Call DENVER, May 04, 2020 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) will host a conference call on Monday, May 11, 2020 at 2:30 PM MDT (4:30 PM EDT) to discuss first-quarter 2020 financial and operating results. Earnings will also be released after close of market on Monday, May 11, 2020. The full text of the release will be available on the company’s website at . Extraction will be providing prepared remarks and will not host a question-and-answer session. Those who would like to p...
Rating Action: Moody's downgrades Extraction Oil and Gas' CFR to Caa2; negative outlook. Global Credit Research- 07 Apr 2020. New York, April 07, 2020-- Moody's Investors Service, downgraded Extraction Oil and Gas, Inc.' s Corporate Family Rating to Caa2 from B2 and Probability of Default Rating to Caa2-PD from B2-PD.
Extraction Provides Update to 2020 Capital and G&A Budgets DENVER, April 02, 2020 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today announced reductions to its capital and G&A budgets. In response to recent commodity price weakness, The Company has reduced its 2020 upstream capital budget by 42% to $250-300 million. “As we continue to focus on strengthening our balance sheet and maximizing liquidity, we are reducing our activity in light of current challenging economic conditions,” said CEO Matt Owens. “We will continue to monitor oil price...
Extraction Oil & Gas Launches Inaugural Environmental Social Governance Report Extraction’s first ESG report highlights how the company creates value for its stakeholders while operating responsibly and sustainably DENVER, March 19, 2020 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (Extraction) (NASDAQ: XOG) announces the publication of its inaugural Environmental Social Governance Report. The report, titled “,” chronicles Extraction’s commitment to sustainability initiatives and leading the industry in environmental, social and corporate governance responsibility. “Embarking on our ...
Extraction Announces Management Transition and Appoints Tom Tyree as Executive Chairman DENVER, March 05, 2020 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today announced that Mark Erickson, Chief Executive Officer and Chairman of the Board, is departing from the Company. In conjunction with Mr. Erickson’s departure from Extraction’s Board of Directors, the Company has appointed Thomas B. Tyree, Jr. as Executive Chairman. In addition, Matt Owens has been named permanent CEO and will also maintain his roles as President and member of the Boa...
Extraction Oil & Gas, Inc. Announces Fourth-Quarter and Full-Year 2019 Results DENVER, March 05, 2020 (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, 2019. Fourth-Quarter and Full-Year 2019 Highlights Fourth quarter average net sales volumes of 111,077 barrels of oil equivalent per day (BOE/d), including 50,065 barrels per day (Bbl/d) of crude oil and full-year 2019 average net sales volumes of 88,728 BOE/d, including 42,291 Bbl/d of crude...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.