Sunday, December 1, 2024

Wattenberg Player Extraction Oil & Gas Goes Public

Extraction expects net proceeds of roughly $594.1 million from IPO Extraction Oil & Gas, Inc. (ticker: XOG) announced yesterday the pricing of its initial public offering of 33,333,333 shares of its common stock at $19.00 per share. Extraction was initially offering the shares at an estimated price range of $15.00 to $18.00. The company’s shares began trading on the NASDAQ Wednesday, opening at $22.75. During