=Extraction Oil & Gas (XOG) reported earnings on Thur 21 Feb 2019 (a/h)

Extraction Oil & Gas beats by $0.45, beats on revs 

• Reports Q4 (Dec) earnings of $0.51 per share, $0.45 better than the S&P Capital IQ Consensus of $0.06; revenues rose 34.6% year/year to $288.17 mln vs the $253.38 mln S&P Capital IQ Consensus.
  • Year-end proved reserves increased 19% year-over-year to 348 MMBoe
• Co expects 2019 Total equivalent production between 87.5 MBoe/d and 93.0 MBoe/d. Drilling and completion capital expenditures expected between $585 mln to $675 mln. Lease operating expense expected between $2.65/BOE and $3.05/BOE