In a report released today, Gabriele Sorbara from Williams Capital reiterated a Buy rating on Extraction Oil & Gas (NASDAQ: XOG), with a price target of $22. The company’s shares closed yesterday at $12.92.
According to TipRanks.com, Sorbara is a 3-star analyst with an average return of 2.9% and a 51.3% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Oasis Petroleum Inc, and Gastar Exploration.
Currently, the analyst consensus on Extraction Oil & Gas is a Moderate Buy with an average price target of $18.80.
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The company has a one-year high of $17.42 and a one-year low of $10.28. Currently, Extraction Oil & Gas has an average volume of 1.98M.
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Extraction Oil & Gas, Inc. operates as an independent oil and gas company, which focuses on the acquisition, development and production of oil, natural gas and NGL reserves. The company was founded by Mark A. Erickson, Matthew Owens and Jesse Silva in December 2012 and is headquartered in Denver, CO.
