Somewhat Positive Press Coverage Somewhat Unlikely to Impact Jones Energy (JONE) Stock Price
News stories about Jones Energy (NYSE:JONE) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Jones Energy earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the oil and gas producer an impact score of 45.3186491473545 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Upstream Gainers this Week: Jones Energy Leads – Market Realist (marketrealist.com)
- The close: TSX steady as BlackBerry jumps, energy weighs (theglobeandmail.com)
- Jones Energy’s Year Of The Merge (oilandgasinvestor.com)
- Jones Energy (JONE) Presents At Johnson Rice & Company 2017 Energy Conference – Slideshow (seekingalpha.com)
- Analyzing Jones Energy (JONE) and TransAtlantic Petroleum (TAT) (americanbankingnews.com)
Jones Energy (NYSE JONE) opened at 1.92 on Friday. The firm’s market cap is $139.69 million. The stock has a 50 day moving average price of $1.17 and a 200 day moving average price of $1.81. Jones Energy has a 52 week low of $0.85 and a 52 week high of $5.34.
Jones Energy (NYSE:JONE) last announced its quarterly earnings data on Thursday, August 3rd. The oil and gas producer reported $0.12 EPS for the quarter, beating the Zacks’ 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 positive return on equity of 0.09% and a negative net margin of 79.19%. The business’s revenue for the quarter was up 67.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.09) earnings per share. Equities research analysts expect that Jones Energy will post ($0.21) EPS for the current year.
A number of equities analysts have weighed in on JONE shares. ValuEngine raised Jones Energy from a “sell” rating to a “hold” rating in a research note on Wednesday. J P Morgan Chase & Co lowered Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 price objective on the stock. in a research note on Thursday, July 20th. Zacks Investment Research raised Jones Energy from a “hold” rating to a “buy” rating and set a $1.50 price objective on the stock in a research note on Tuesday, July 18th. Finally, Seaport Global Securities lowered Jones Energy from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $5.00 to $1.50 in a research note on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $3.93.
Jones Energy Company Profile
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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