Comerica Bank Purchases Shares of 12,410 Extraction Oil & Gas Inc (XOG)

Comerica Bank acquired a new stake in shares of Extraction Oil & Gas Inc (NASDAQ:XOG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,410 shares of the energy company’s stock, valued at approximately $194,000.

Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its stake in shares of Extraction Oil & Gas by 30.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 513,357 shares of the energy company’s stock valued at $7,900,000 after purchasing an additional 119,921 shares during the period. Gilder Gagnon Howe & Co. LLC grew its stake in shares of Extraction Oil & Gas by 49.5% during the 3rd quarter. Gilder Gagnon Howe & Co. LLC now owns 805,448 shares of the energy company’s stock valued at $12,396,000 after acquiring an additional 266,735 shares during the period. State Board of Administration of Florida Retirement System grew its stake in shares of Extraction Oil & Gas by 8.8% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 147,181 shares of the energy company’s stock valued at $2,265,000 after acquiring an additional 11,960 shares during the period. Calamos Advisors LLC bought a new position in shares of Extraction Oil & Gas during the 3rd quarter valued at approximately $156,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Extraction Oil & Gas by 198.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 53,422 shares of the energy company’s stock valued at $719,000 after acquiring an additional 35,531 shares during the period. 89.20% of the stock is owned by institutional investors and hedge funds.

Extraction Oil & Gas Inc (XOG) opened at $14.48 on Thursday. Extraction Oil & Gas Inc has a 1 year low of $11.31 and a 1 year high of $21.99. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.97 and a quick ratio of 0.92.

XOG has been the topic of a number of research analyst reports. Zacks Investment Research raised Extraction Oil & Gas from a “sell” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Thursday, October 12th. Williams Capital reaffirmed a “buy” rating and set a $21.00 price objective on shares of Extraction Oil & Gas in a report on Monday, October 2nd. SunTrust Banks set a $21.00 price objective on Extraction Oil & Gas and gave the stock a “buy” rating in a report on Friday, October 27th. Imperial Capital began coverage on Extraction Oil & Gas in a report on Wednesday, November 15th. They set an “outperform” rating and a $20.00 price target on the stock. Finally, KeyCorp restated a “buy” rating and set a $17.00 price target on shares of Extraction Oil & Gas in a report on Tuesday, September 19th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Extraction Oil & Gas currently has an average rating of “Buy” and a consensus target price of $19.83.

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Extraction Oil & Gas Profile

Extraction Oil & Gas, Inc, formerly Extraction Oil & Gas, LLC, is an energy company. It is focused on the acquisition, development and production of oil, natural gas and natural gas liquids (NGL) reserves in the Rocky Mountains, primarily in the Wattenberg Field of the Denver-Julesburg Basin (the DJ Basin) of Colorado.

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Institutional Ownership by Quarter for Extraction Oil & Gas (NASDAQ:XOG)

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