Somewhat Positive News Coverage Somewhat Unlikely to Impact Jones Energy (JONE) Share Price
News articles about Jones Energy (NYSE:JONE) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Jones Energy earned a news impact score of 0.04 on Accern’s scale. Accern also gave media coverage about the oil and gas producer an impact score of 45.6778640004861 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- 13D Filing: Fir Tree and Jones Energy Inc (JONE) (feedproxy.google.com)
- Aquion Energy will move to China, close Westmoreland plant at former Sony site (triblive.com)
- BRIEF-Fir Tree Partners calls on Jones Energy to pursue value-maximizing strategic alternatives (reuters.com)
- Fir Tree Partners Calls on Jones Energy to Pursue Value-Maximizing Strategic Alternatives (finance.yahoo.com)
- 13D Filing: Q Global Capital Management, L.P. and Jones Energy Inc. (JONE) (feedproxy.google.com)
Shares of Jones Energy (NYSE JONE) traded up 15.38% on Tuesday, reaching $1.65. The company had a trading volume of 1,417,015 shares. The company’s market capitalization is $120.04 million. Jones Energy has a one year low of $0.85 and a one year high of $5.34. The company’s 50-day moving average is $1.17 and its 200-day moving average is $1.82.
Jones Energy (NYSE:JONE) last posted its quarterly earnings results on Thursday, August 3rd. The oil and gas producer reported $0.12 earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.30. The business had revenue of $48.60 million during the quarter, compared to the consensus estimate of $53.93 million. Jones Energy had a negative net margin of 79.19% and a positive return on equity of 0.09%. The firm’s revenue for the quarter was up 67.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.09) earnings per share. Equities research analysts predict that Jones Energy will post ($0.21) earnings per share for the current year.
A number of research analysts have recently commented on JONE shares. Zacks Investment Research cut Jones Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. J P Morgan Chase & Co lowered Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 target price for the company. in a research report on Thursday, July 20th. Finally, Seaport Global Securities lowered Jones Energy from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $5.00 to $1.50 in a research report on Wednesday, June 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. Jones Energy has a consensus rating of “Hold” and an average price target of $3.93.
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About Jones Energy
Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.
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