Company Quick10K Filing
Extraction Oil & Gas
10-Q 2020-03-31 Filed 2020-05-11
10-K 2019-12-31 Filed 2020-03-12
10-Q 2019-09-30 Filed 2019-11-07
10-Q 2019-06-30 Filed 2019-08-01
10-Q 2019-03-31 Filed 2019-05-02
10-K 2018-12-31 Filed 2019-02-21
10-Q 2018-09-30 Filed 2018-11-06
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-08
10-K 2017-12-31 Filed 2018-02-27
10-Q 2017-09-30 Filed 2017-11-07
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-03-13
10-Q 2016-09-30 Filed 2016-11-07
8-K 2020-05-15 Regulation FD
8-K 2020-03-31 Earnings, Exhibits
8-K 2020-03-30
8-K 2020-03-16 Officers, Exhibits
8-K 2020-03-05 Officers, Regulation FD, Exhibits
8-K 2020-03-05 Earnings, Exhibits
8-K 2019-12-23 Amendment
8-K 2019-11-07 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-09-30 Earnings, Exhibits
8-K 2019-09-18 Officers, Regulation FD, Exhibits
8-K 2019-09-04 Officers, Regulation FD, Exhibits
8-K 2019-08-28 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-07-19 Officers
8-K 2019-07-01 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-05-17 Shareholder Vote
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-04-09 Officers
8-K 2019-04-04 Other Events, Exhibits
8-K 2019-02-21 Earnings, Exhibits
8-K 2019-01-14 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-12-26 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-19 Other Events, Exhibits
8-K 2018-11-06 Earnings, Exhibits
8-K 2018-10-19 Earnings, Regulation FD, Exhibits
8-K 2018-10-09 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-08-07 Earnings, Exhibits
8-K 2018-07-09 Enter Agreement, Regulation FD, Exhibits
8-K 2018-05-29 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-05-08 Earnings, Exhibits
8-K 2018-05-03 Shareholder Vote
8-K 2018-03-02 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-02-27 Earnings, Exhibits
8-K 2018-01-25 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-01-18 Other Events, Exhibits
8-K 2018-01-18 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-01-09 Enter Agreement, Off-BS Arrangement, Exhibits

Extraction Oil & Gas Financials

XOG Metrics, Comps, Filings

Quarterly | Annual

Business

Extraction Oil & Gas, Inc. (the "Company" or "Extraction") is 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 Company and its subsidiaries are focused on the acquisition, development and production of oil, natural gas and NGL reserves in the Rocky Mountain region, as well as the construction and support of midstream assets to gather and process crude oil and gas production focused in the DJ Basin of Colorado. Extraction is a public company listed for trading on the NASDAQ Global Select Market under the symbol "XOG".

Elevation Midstream, LLC ("Elevation"), a Delaware limited liability company and an unrestricted subsidiary of the Company, focused on the construction of gathering systems and facilities operations to serve the development of acreage in the Company's Hawkeye and Southwest Wattenberg areas. Midstream assets of Elevation are represented as the gathering systems and facilities line item within the consolidated balance sheet. As of December 31, 2018, these gathering systems and facilities operations are not in service, therefore, there are no such revenues for the year then ended.

The consolidated financial statements for the period January 1, 2016 through October 12, 2016 are based on the financial statements of the Company's accounting predecessor, Extraction Oil & Gas Holdings, LLC ("Holdings") prior to the corporate reorganization (the "Corporate Reorganization"), pursuant to which, in connection with the initial public offering of the Company (the "Offering" or "IPO"), (i) on October 11, 2016, a former subsidiary of Extraction Oil & Gas Holdings, LLC, Extraction Oil & Gas, LLC, converted into the Company, and (ii) on October 17, 2016, Holdings merged with and into the Company with Extraction as the surviving entity.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Whiting Petroleum (WLL) 726 0% 5.7 -1% 7,775 3,605 1,192 0 -94 639 3,610
Nabors (NBR) 690 27% -11.2 -8% 7,273 4,512 3,121 846 -562 -341 3,837
Denbury Resources (DNR) 668 0% 5.9 4% 4,754 3,408 964 0 194 517 3,044
Dorchester Minerals (DMLP) 650 92% 12.5 33% 124 6 59 54 40 50 628
W&T Offshore (WTI) 632 0% 7.3 20% 1,027 1,285 526 0 203 179 1,309
Laredo Petroleum (LPI) 616 0% 5.4 2% 2,278 1,198 834 0 49 292 1,569
Nextdecade (NEXT) 597 -27.0 -13% 170 33 0 0 -22 -22 593
Bonanza Creek Energy (BCEI) 517 0% 9.1 0% 1,200 262 300 0 0 56 509
California Resources (CRC) 509 0% 11.4 2% 7,035 7,343 2,024 0 124 481 5,483
Extraction Oil & Gas (XOG) 505 0% 4.0 2% 4,429 2,384 929 0 97 523 2,083
Gran Tierra Energy (GTE) 505 0% 19.6 1% 1,960 955 443 0 12 57 1,126
Noble (NE) 494 0% -0.9 -7% 8,396 4,680 1,161 0 -565 -394 356
Gulfport Energy (GPOR) 478 40% 3.8 6% 6,273 2,714 1,481 594 382 669 2,545
Eclipse Resources (ECR) 351 0% 6.8 -2% 1,434 785 448 0 -31 124 842
Isramco (ISRL) 342 0% 12.9 14% 107 109 83 0 14 27 354
PrimeEnergy (PNRG) 318 62% 10.7 2% 243 136 84 52 5 35 375
Highpoint Resources (HPR) 314 0% 5.7 -4% 2,264 226 331 0 -87 191 1,088
Tetra Technologies (TTI) 261 16% 33.4 -2% 1,416 1,142 1,061 175 -29 32 1,084
RGC Resources (RGCO) 237 0% 14.8 3% 258 72 68 0 9 23 339
Panhandle Oil & Gas (PHX) 233 0% -7.7 -32% 127 47 68 0 -41 -34 263

Balance Sheet ($MM)2016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash158928589114715682742351133658
Accounts Receivable
Inventory
PP&E29333326273743303840476573
Assets1,5732,7852,7152,7973,1883,3853,5653,8244,1584,1664,0974,2534,429
Accounts Payable
Long-Term Debt6275385395399331,0231,2311,3221,4221,4181,4231,5651,635
Liabilities8971,0169259881,3971,6101,8342,0692,1852,1072,1542,3392,384
Stockholders' Equity6761,6161,6361,6521,6341,6171,5721,5941,6661,7471,6251,5901,618
Income Statement ($MM)2016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue260282288222222197
Cost of Revenue
Gross Profit
R&D
SG&A2019726232932313435283127
Tax54-17-56-14422-291521
Net Income-37-24697-30-31-52965100-944348
Cash Flow ($MM)2016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating1919467611916818113484
Cash Investing-635-320-240-436-265-201-212-232-217
Cash Financing1,204-4-338515486237-2456