You can create Extract actions during flow recording or during screen operations recording, with somewhat different results (see Comparison of results: Flow recording and screen operations recording).
You can have multiple Extract actions for the same application screen, and you can have Extract actions and Insert actions for the same application screen.
To create an Extract action during a screen operations recording:
Navigate to the application screen where you want to create an Extract action.
On the toolbar of the host editor click Extract
Data from Screen
.