Top 5 Stock Picks Of Don Morgan’s Brigade Capital

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1. Extraction Oil & Gas, Inc. (NASDAQ:XOG)

Mr. Morgan’s Stake Value: $82.5 million

Percentage of Mr. Morgan’s 13F Portfolio: 4.94%

Number of Hedge Fund Holders: 19

Extraction Oil & Gas, Inc. (NASDAQ:XOG) is an oil and gas exploration and development firm that focuses its operations in the American state of Colorado. The company has thousands of acres of facilities and thousands of production wells.

Extraction Oil & Gas, Inc. (NASDAQ:XOG)’s largest shareholder after Brigade Capital is Howard Marks’s Oaktree Capital Management who owns 1.1 million shares worth $61 million.

Mr. Morgan held 1.5 million shares of Extraction Oil & Gas, Inc. (NASDAQ:XOG) worth $72 million and represented 4.94% of his portfolio by the end of the second quarter. During the same period, 19 of the 873 hedge funds polled by Insider Monkey held a stake in the company.

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