Jersey Oil and Gas (LON:JOG) Issues Earnings Results

Jersey Oil and Gas (LON:JOG) issued its quarterly earnings results on Tuesday. The company reported GBX (2.53) EPS for the quarter, Digital Look Earnings reports.

Jersey Oil and Gas Price Performance

Shares of JOG stock opened at GBX 106.34 on Wednesday. The company has a current ratio of 46.30, a quick ratio of 18.80 and a debt-to-equity ratio of 0.06. The stock has a 50 day moving average of GBX 110.29 and a two-hundred day moving average of GBX 107.39. Jersey Oil and Gas has a 12 month low of GBX 70 and a 12 month high of GBX 164. The company has a market capitalization of £34.74 million, a P/E ratio of -20.29 and a beta of 0.03.

Jersey Oil and Gas Company Profile

Jersey Oil & Gas is a UK E&P company focused on building an upstream oil and gas business in the North Sea. The Company holds a significant acreage position within the Central North Sea referred to as the Greater Buchan Area, which includes operatorship and 100% working interests in blocks that contain the Buchan oil field and J2 and Glenn oil discoveries and an 88% working interest in the P2170 Licence, Blocks 20/5b & 21/1d, that contains the Verbier oil discovery.

JOG’s acreage is estimated by management to contain more than 140 million barrels of oil equivalent (“boe”) of discovered mean recoverable resources net to JOG, in addition to significant exploration upside potential.