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Extraction Oil & Gas

DB:EH4
Snowflake Description

Undervalued with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EH4
DB
$677M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Extraction Oil & Gas, Inc., an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. The last earnings update was 55 days ago. More info.


Add to Portfolio Compare Print
  • Extraction Oil & Gas has significant price volatility in the past 3 months.
EH4 Share Price and Events
7 Day Returns
10.6%
DB:EH4
4.6%
DE Oil and Gas
-0.4%
DE Market
1 Year Returns
-72.1%
DB:EH4
18.3%
DE Oil and Gas
-6.2%
DE Market
EH4 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Extraction Oil & Gas (EH4) 10.6% 12.8% 0.3% -72.1% - -
DE Oil and Gas 4.6% 2.7% 13.4% 18.3% 27.3% 70.5%
DE Market -0.4% 0.7% 1.8% -6.2% 13.9% 7.5%
1 Year Return vs Industry and Market
  • EH4 underperformed the Oil and Gas industry which returned 18.3% over the past year.
  • EH4 underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
EH4
Industry
5yr Volatility vs Market

Value

 Is Extraction Oil & Gas undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Extraction Oil & Gas to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Extraction Oil & Gas.

DB:EH4 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:EH4
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.917 (1 + (1- 21%) (214.42%))
1.985
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.985 * 5.96%)
12.06%

Discounted Cash Flow Calculation for DB:EH4 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Extraction Oil & Gas is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:EH4 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.06%)
2019 -239.56 Analyst x6 -213.78
2020 14.27 Analyst x3 11.36
2021 234.60 Analyst x1 166.71
2022 418.89 Est @ 78.56% 265.64
2023 649.53 Est @ 55.06% 367.56
2024 900.31 Est @ 38.61% 454.64
2025 1,144.24 Est @ 27.09% 515.64
2026 1,362.05 Est @ 19.03% 547.73
2027 1,544.46 Est @ 13.39% 554.24
2028 1,690.31 Est @ 9.44% 541.29
Present value of next 10 years cash flows $3,211.03
DB:EH4 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,690.31 × (1 + 0.23%) ÷ (12.06% – 0.23%)
$14,317.58
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $14,317.58 ÷ (1 + 12.06%)10
$4,584.94
DB:EH4 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,211.03 + $4,584.94
$7,795.97
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $7,795.97 / 162.85
$47.87
DB:EH4 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:EH4 represents 0.87319x of NasdaqGS:XOG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87319x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 47.87 x 0.87319
€41.80
Value per share (EUR) From above. €41.80
Current discount Discount to share price of €3.63
= -1 x (€3.63 - €41.80) / €41.80
91.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Extraction Oil & Gas is available for.
Intrinsic value
>50%
Share price is €3.63 vs Future cash flow value of €41.8
Current Discount Checks
For Extraction Oil & Gas to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Extraction Oil & Gas's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Extraction Oil & Gas's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Extraction Oil & Gas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Extraction Oil & Gas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:EH4 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.30
NasdaqGS:XOG Share Price ** NasdaqGS (2019-06-25) in USD $4.16
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 8.91x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Extraction Oil & Gas.

DB:EH4 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:XOG Share Price ÷ EPS (both in USD)

= 4.16 ÷ 0.30

14.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Extraction Oil & Gas is overvalued based on earnings compared to the DE Oil and Gas industry average.
  • Extraction Oil & Gas is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Extraction Oil & Gas's expected growth come at a high price?
Raw Data
DB:EH4 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
50.1%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 58 Publicly-Listed Oil and Gas Companies 0.85x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

DB:EH4 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.04x ÷ 50.1%

0.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Extraction Oil & Gas is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Extraction Oil & Gas's assets?
Raw Data
DB:EH4 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $9.90
NasdaqGS:XOG Share Price * NasdaqGS (2019-06-25) in USD $4.16
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.27x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.8x
DB:EH4 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:XOG Share Price ÷ Book Value per Share (both in USD)

= 4.16 ÷ 9.90

0.42x

* Primary Listing of Extraction Oil & Gas.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Extraction Oil & Gas is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Extraction Oil & Gas's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Extraction Oil & Gas has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Extraction Oil & Gas expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
50.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Extraction Oil & Gas expected to grow at an attractive rate?
  • Extraction Oil & Gas's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Extraction Oil & Gas's earnings growth is expected to exceed the Germany market average.
  • Extraction Oil & Gas's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:EH4 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:EH4 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 50.1%
DB:EH4 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 9.3%
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -4.2%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:EH4 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:EH4 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,437 1,024 213 2
2022-12-31 1,343 920 158 2
2021-12-31 1,289 855 256 5
2020-12-31 1,185 740 75 9
2019-12-31 1,005 614 -87 9
DB:EH4 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 964 700 52
2018-12-31 970 685 98
2018-09-30 902 644 -29
2018-06-30 806 538 -120
2018-03-31 680 417 -122
2017-12-31 553 317 -61
2017-09-30 448 161 -46
2017-06-30 350 141 -49
2017-03-31 300 98 -180
2016-12-31 257 121 -230
2016-09-30 218 119 -220
2016-06-30 196 146 -164

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Extraction Oil & Gas's earnings are expected to grow significantly at over 20% yearly.
  • Extraction Oil & Gas's revenue is expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:EH4 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Extraction Oil & Gas Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EH4 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 1.31 2.01 0.61 2.00
2022-12-31 1.87 1.87 1.87 1.00
2021-12-31 1.12 1.57 0.67 2.00
2020-12-31 0.42 0.84 0.06 7.00
2019-12-31 -0.42 -0.10 -0.59 8.00
DB:EH4 Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.30
2018-12-31 0.56
2018-09-30 -0.16
2018-06-30 -0.69
2018-03-31 -0.70
2017-12-31 -0.35
2017-09-30 -1.60
2017-06-30 -0.67
2017-03-31 -1.57
2016-12-31 -1.54
2016-09-30 -0.67
2016-06-30 -0.53

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Extraction Oil & Gas is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Extraction Oil & Gas's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Extraction Oil & Gas has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Extraction Oil & Gas performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Extraction Oil & Gas's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Extraction Oil & Gas's year on year earnings growth rate has been positive over the past 5 years.
  • Extraction Oil & Gas has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Extraction Oil & Gas has become profitable in the last year making it difficult to compare the Europe Oil and Gas industry average.
Earnings and Revenue History
Extraction Oil & Gas's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Extraction Oil & Gas Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EH4 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 964.29 51.53 138.01
2018-12-31 970.40 97.70 140.51
2018-09-30 902.17 -28.59 134.70
2018-06-30 806.19 -120.08 138.32
2018-03-31 679.64 -121.54 132.35
2017-12-31 552.93 -60.69 130.62
2017-09-30 447.91 -45.70 298.92
2017-06-30 350.05 -49.09 287.35
2017-03-31 299.90 -179.89 273.02
2016-12-31 257.36 -230.11 246.49
2016-09-30 218.35 -219.60 62.81
2016-06-30 195.61 -163.69 43.18
2016-03-31 187.79 -74.04 41.48
2015-12-31 180.72 -47.26 38.87
2015-09-30 165.51 -11.87 32.66
2015-06-30 158.22 -2.98 28.47
2015-03-31 111.80 33.72 21.58
2014-12-31 83.10 49.84 18.22
2013-12-31 2.12 0.20 1.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Extraction Oil & Gas has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Extraction Oil & Gas used its assets less efficiently than the DE Oil and Gas industry average last year based on Return on Assets.
  • Extraction Oil & Gas has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Extraction Oil & Gas's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Extraction Oil & Gas has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Extraction Oil & Gas's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Extraction Oil & Gas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Extraction Oil & Gas's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Extraction Oil & Gas's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Extraction Oil & Gas's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Extraction Oil & Gas Company Filings, last reported 2 months ago.

DB:EH4 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,942.63 1,422.97 112.77
2018-12-31 2,059.05 1,417.66 234.99
2018-09-30 1,973.14 1,422.12 274.07
2018-06-30 1,755.18 1,321.58 68.25
2018-03-31 1,731.55 1,231.00 15.36
2017-12-31 1,775.15 1,023.36 6.77
2017-09-30 1,790.64 932.57 114.14
2017-06-30 1,808.04 539.24 88.69
2017-03-31 1,790.67 538.68 284.55
2016-12-31 1,769.21 538.14 588.74
2016-09-30 676.24 626.60 1.39
2016-06-30 698.39 649.90 103.67
2016-03-31 710.08 648.83 65.91
2015-12-31 754.23 637.79 97.11
2015-09-30
2015-06-30 622.30 574.56 21.44
2015-03-31 546.40 456.54 11.55
2014-12-31 545.19 508.90 79.03
2013-12-31 1.36 23.67 0.19
  • Extraction Oil & Gas's level of debt (73.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (105.6% vs 73.2% today).
  • Debt is well covered by operating cash flow (49.2%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Extraction Oil & Gas's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Extraction Oil & Gas has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Extraction Oil & Gas's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Extraction Oil & Gas dividends. Estimated to be 0.68% next year.
If you bought €2,000 of Extraction Oil & Gas shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Extraction Oil & Gas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Extraction Oil & Gas's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:EH4 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 58 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:EH4 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.03 3.00
2020-12-31 0.03 3.00
2019-12-31 0.02 4.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Extraction Oil & Gas has not reported any payouts.
  • Unable to verify if Extraction Oil & Gas's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Extraction Oil & Gas's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Extraction Oil & Gas has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Extraction Oil & Gas's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Extraction Oil & Gas's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Extraction Oil & Gas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Extraction Oil & Gas has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Extraction Oil & Gas's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Matt Owens
COMPENSATION $2,448,157
AGE 32
TENURE AS CEO 0.2 years
CEO Bio

Mr. Matthew R. Owens, also known as Matt, co-founded Extraction Oil & Gas, LLC (also known as Extraction Oil & Gas, Inc) in November 14, 2012 and serves as its President. Mr. Owens has been Acting Chief Executive Officer of Extraction Oil & Gas, Inc. since April 4, 2019. From 2008 to 2010, Mr. Owens served as Operations Engineer for Gasco Energy working deep, high pressured gas in the Uinta Basin. He drilled and completed over 50 wells in the Mancos, Blackhawk and Mesaverde formations. From 2010 to 2012, Mr. Owens worked at PDC Energy, as an Operations Engineer, leading the horizontal completion and production activities in the Wattenberg Field. He serves as Director of Extraction Oil & Gas, LLC. He completed over 45 horizontal Codell and Niobrara wells and was responsible for optimizing production for the program. In June 2016, he was named Ernst & Young’s Mountain Desert Region’s Entrepreneur of the Year. In January 2016, Mr. Owens was chosen as a Member of Forbes 30 Under 30 within the energy sector. Mr. Owens was selected as one of Oil & Gas Investor’s Thirty Under 40 for 2015. Mr. Owens holds a BS degree in petroleum engineering from the Colorado School of Mines.

CEO Compensation
  • Matt's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Matt's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Extraction Oil & Gas management team in years:

2.7
Average Tenure
42
Average Age
  • The tenure for the Extraction Oil & Gas management team is about average.
Management Team

Mark Erickson

TITLE
Co-Founder
COMPENSATION
$4M
AGE
58

Matt Owens

TITLE
Co-Founder
COMPENSATION
$2M
AGE
32
TENURE
0.2 yrs

Rusty Kelley

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
42
TENURE
4.9 yrs

Tom Brock

TITLE
VP & Chief Accounting Officer
COMPENSATION
$1M
AGE
46
TENURE
2.7 yrs

Eric Christ

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
$2M
AGE
38
TENURE
2.6 yrs

Jesse Silva

TITLE
Co-Founder & Operations Manager

Eric Jacobsen

TITLE
Senior Vice President of Operations
TENURE
2.7 yrs

Louis Baltimore

TITLE
Director of Investor Relations
Board of Directors Tenure

Average tenure and age of the Extraction Oil & Gas board of directors in years:

2.7
Average Tenure
64.5
Average Age
  • The average tenure for the Extraction Oil & Gas board of directors is less than 3 years, this suggests a new board.
Board of Directors

Matt Owens

TITLE
Co-Founder
COMPENSATION
$2M
AGE
32

Peter Leidel

TITLE
Director
COMPENSATION
$233K
AGE
62
TENURE
6.6 yrs

Mark Erickson

TITLE
Co-Founder
COMPENSATION
$4M
AGE
58

Marvin Chronister

TITLE
Independent Director
COMPENSATION
$236K
AGE
67
TENURE
2.7 yrs

Pat O'Brien

TITLE
Director
COMPENSATION
$234K
AGE
70
TENURE
2.7 yrs

Wayne Murdy

TITLE
Lead Director
COMPENSATION
$247K
AGE
74
TENURE
1.3 yrs

John Gaensbauer

TITLE
Director
COMPENSATION
$210K
AGE
47
TENURE
6.6 yrs

Don Evans

TITLE
Independent Director
COMPENSATION
$225K
AGE
72
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
04. Mar 19 Buy Donald Evans Individual 28. Feb 19 01. Mar 19 40,000 €3.81 €149,536
X
Management checks
We assess Extraction Oil & Gas's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Extraction Oil & Gas has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Extraction Oil & Gas, Inc., an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. The company also engages in the construction and support of midstream assets to gather, process, and produce crude oil and gas. As of December 31, 2018, it had approximately 179,300 net acres of contiguous acreage blocks in the productive areas of the DJ Basin; held approximately 138,100 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 347.9MMBoe; and had 1,538 gross producing wells. The company was founded in 2012 and is headquartered in Denver, Colorado.

Details
Name: Extraction Oil & Gas, Inc.
EH4
Exchange: DB
Founded: 2012
$595,074,470
162,849,212
Website: http://www.extractionog.com
Address: Extraction Oil & Gas, Inc.
370 17th Street,
Suite 5300,
Denver,
Colorado, 80202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS XOG Common Stock Nasdaq Global Select US USD 12. Oct 2016
DB EH4 Common Stock Deutsche Boerse AG DE EUR 12. Oct 2016
Number of employees
Current staff
Staff numbers
279
Extraction Oil & Gas employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 03:31
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2019/06/20
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.