Extraction Oil and Gas Inc (XOG) |
|
Price: $0.0000
$0.00
%
|
Day's High:
| 0.00
| Week Perf:
|
|
Day's Low: |
$ 0.00 |
30 Day Perf: |
|
Volume (M): |
0 |
52 Wk High: |
$ 0.00 |
Volume (M$): |
$ 0 |
52 Wk Avg: |
$0.00 |
Open: |
$0.00 |
52 Wk Low: |
$0.00 |
|
|
Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
26 |
Employees |
161 |
Revenues (TTM) (Millions $) |
718 |
Net Income (TTM) (Millions $) |
249 |
Cash Flow (TTM) (Millions $) |
48 |
Capital Exp. (TTM) (Millions $) |
0 |
Extraction Oil And Gas Inc
We are an independent oil and gas company focused on the acquisition, development
and production of oil, natural gas and NGL reserves in the Rocky Mountain region,
primarily in the Wattenberg Field of the Denver-Julesburg Basin (the “DJ
Basin”) of Colorado. The Wattenberg Field has been producing since the
1970s and is a premier North American oil and natural gas basin characterized
by high recoveries relative to drilling and completion costs, high initial production
rates, long reserve life and multiple stacked producing horizons. We have assembled,
as of December 31, 2016, approximately 109,400 net acres of large, contiguous
acreage blocks in some of the most productive areas of the DJ Basin, indicated
by the results of our horizontal drilling program and the results of offset
operators, which we refer to as the “Core DJ Basin”. Subsequent
to year-end 2016, the Company acquired approximately 5,300 additional net acres
and entered into agreements to acquire approximately 1,100 additional net acres
in the Core DJ Basin. These properties have extensive production histories,
high drilling success rates, and significant horizontal development potential.
We believe our acreage in the Core DJ Basin has been significantly delineated
by our own drilling success and by the success of offset operators, providing
confidence that our inventory is relatively low-risk, repeatable and will continue
to generate economic returns. We are primarily focused on growing our proved
reserves and production primarily through the development of our large inventory
of identified liquids-rich horizontal drilling locations in the DJ Basin.
We were founded in November 2012 with the objective of becoming a Wattenberg
focused company with acreage that has (i) low development risk as a result of
being within the vicinity of other successful wells drilled by other oil and
gas companies, (ii) limited vertical well drainage relative to offset operators
in a field with significant historical vertical activity, and (iii) higher oil
content than was traditionally targeted when many operators first established
their position in the field seeking natural gas production. We believe these
characteristics enhance our horizontal production capabilities, recoveries and
economic results. Our drilling economics are further enhanced by our ability
to drill longer laterals due to our large contiguous acreage position, which
our management team built through organic leasing and a series of strategic
acquisitions. We operated 96% of our horizontal production for the year ended
December 31, 2016 and maintain control of a large majority of our drilling inventory.
In addition, we proactively seek to secure the necessary midstream and operational
infrastructure to keep pace with our production growth.
Our current operations are located in the DJ Basin, primarily in the Wattenberg
Field where we target the oil and liquids-weighted Niobrara and Codell formations.
Company Address: 370 17th Street Denver, 80202 CO
Company Phone Number: 557-8300 Stock Exchange / Ticker: XOG
|
|
Customers Net Income grew by |
XOG's Customers Net Profit Margin grew to |
|
5.04 %
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Denbury Inc
Introduction The stock market is often marked by fluctuating trends and can present both profitable and challenging times for investors. Denbury Inc, an energy company operating in the United States, has recently reported a decline in its net profit, income, and revenue for the April to June 30, 2023 period. This article aims to analyze the significant factors contributing to this decline and provide insights into Denbury Inc's profitability trends. Profitability Declines During the April-June 2023 period, Denbury Inc's net profit per share witnessed a significant plummet of -55.83%, dropping to $1.25 per share from $2.83 per share compared to the previous year. This downward trend reflects the challenges faced by the company that have impacted its financial performance. Additionally, income faded by -24.7%, declining from $1.66 per share in the previous reporting season to $1.25 per share. Revenue Downturn Denbury Inc's revenue also experienced a substantial decline of -31.768%, dropping to $328.98 million from $482.16 million during the same reporting season in the previous year. Moreover, the sequential revenue decline stood at -3.529%, from $341.02 million. This decline in revenue suggests a less favorable market environment for the company and may reflect moderating demand in the industry segment.
|
Altex Industries Inc
Altex Industries Inc, a company operating in the [insert industry], recently announced its financial results for the third quarter of 2023. The company reached break-even at $0.00 per share, which is the same as last year and the preceding financial reporting period. This is an encouraging sign for the company as it indicates that it has managed to stabilize its financial position. However, the company experienced a decline in revenue for the third quarter. The revenue faded by 33.333% to $0.01 million compared to the same period a year ago. Sequentially, the revenue deteriorated by 14.286% from the preceding financial reporting period. These numbers suggest that Altex Industries Inc has faced challenges in generating consistent revenue growth.
|
Nine Energy Service Inc
The outlook for the stock market is looking up, particularly for Nine Energy Service Inc. This oil and gas production company has bucked the industry trend by reporting an impressive revenue increase of 13.405% to $161.43 million in the fiscal period ending June 30, 2023. While many of its peers have experienced business decline, Nine Energy Service Inc is showing signs of improvement. In addition to their revenue growth, Nine Energy Service Inc has also seen a notable improvement in their earnings per share (EPS). Comparing the current financial reporting period to the previous one, EPS has improved from $-0.19 per share to $-0.08 per share. This indicates that the company is making strides towards a more positive financial position.
|
Comstock Resources Inc
As a stock market journalist, it is my duty to provide an objective and thorough analysis of the financial results of Comstock Resources Inc. Based on the given information, it is evident that the company's performance has taken a significant hit in the fiscal period closing June 30, 2023. Starting with the earnings per share (EPS), we see a drastic decline from $1.36 per share in the prior year to a loss of $0.17 per share. This indicates a stark reversal of fortune for the company and raises concerns about its profitability. In addition, the preceding financial reporting period saw EPS at $0.49 per share, indicating a decline in performance.
|
Murphy Oil Corporation
Murphy Oil Corporation, a prominent player in the oil and gas production industry, has seen mixed financial results in recent months. While the company's stock performance has shown marginal improvement, its revenue and profitability have taken a significant hit. The decline in revenues, reduced earnings per share, and unfavorable margins have raised concerns about the company's future prospects. Factors Affecting Financial Performance: 1. Declining Revenue and Earnings: The most recent fiscal period witnessed a sharp decline in revenue by approximately 26.018%. This downturn had a severe impact on the company's income, which plummeted by 72.2%. Comparing the current revenue of $814.59 million to the previous year's $1.10 billion highlights the challenging market conditions for Murphy Oil Corporation.
|
Per Share |
Current |
Earnings (TTM) |
-6.39 $ |
Revenues (TTM) |
27.18 $
|
Cash Flow (TTM) |
1.82 $ |
Cash |
1.3 $
|
Book Value |
25.18 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-6.39 $
|
Revenues (TTM) |
27.18 $ |
Cash Flow (TTM) |
1.82 $ |
Cash |
1.3 $
|
Book Value |
25.18 $ |
Dividend (TTM) |
0 $ |
|
|
|
|