About Jagged Peak Energy (NYSE:JAG)
Jagged Peak Energy Inc. is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company's acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations. As of September 30, 2016, it drilled and completed 16 horizontal wells. As of September 30, 2016, it held approximately 90% working interest in approximately 68,121 gross leased or acquired acres. It classifies its acreage position into three project areas: Whiskey River, Cochise and Big Tex. As of September 30, 2016, it drilled and completed eight operated wells in the Whiskey River project area targeting the Lower Wolfcamp A, Upper Wolfcamp A and Wolfcamp B. As of September 30, 2016, it also drilled and completed six operated wells in the Cochise project area.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Unconventional Oil & Gas Drilling
- Sub-Industry: N/A
- Symbol: NYSE:JAG
- CUSIP: N/A
- Web: www.jaggedpeakenergy.com
- Market Cap: $2.9129 billion
- Outstanding Shares: 212,930,000
- 50 Day Moving Avg: $13.25
- 200 Day Moving Avg: $12.93
- 52 Week Range: $10.96 - $15.19
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 24.43
- P/E Growth: 0.42
- Annual Revenue: $139.38 million
- Price / Sales: 20.90
- Book Value: $3.19 per share
- Price / Book: 4.29
- EBITDA: ($281,080,000.00)
- Current Ratio: 1.19%
- Quick Ratio: 1.19%
- Average Volume: 817,468 shs.
Frequently Asked Questions for Jagged Peak Energy (NYSE:JAG)
What is Jagged Peak Energy's stock symbol?
Jagged Peak Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "JAG."
How were Jagged Peak Energy's earnings last quarter?
Jagged Peak Energy Inc. (NYSE:JAG) released its earnings results on Wednesday, August, 9th. The company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.03. The company earned $53.10 million during the quarter, compared to analysts' expectations of $55.12 million. The company's quarterly revenue was up 175.1% compared to the same quarter last year. View Jagged Peak Energy's Earnings History.
When will Jagged Peak Energy make its next earnings announcement?
Where is Jagged Peak Energy's stock going? Where will Jagged Peak Energy's stock price be in 2017?
18 analysts have issued 1 year target prices for Jagged Peak Energy's shares. Their predictions range from $13.00 to $23.00. On average, they anticipate Jagged Peak Energy's stock price to reach $17.71 in the next year. View Analyst Ratings for Jagged Peak Energy.
What are analysts saying about Jagged Peak Energy stock?
Here are some recent quotes from research analysts about Jagged Peak Energy stock:
- 1. According to Zacks Investment Research, "Jagged Peak Energy Inc. is an oil and natural gas company. It focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin, a sub-basin of the Permian Basin of West Texas. Jagged Peak Energy Inc. is based in Denver, United States. " (9/20/2017)
- 2. Credit Suisse Group analysts commented, "We reiterate our Outperform rating on JAG while lowering our TP to $19/sh (from $20) after incorporating 10% completed well cost inflation for 2018, which is partially offset by higher reserves (moving from Nov 2016 estimates to YE16 estimates). We also adjust our 2017/18/19 EPS estimates by +$0.04/-$0.05/-$0.36 as higher exit rate 4Q17 production is offset in the out years by higher DD&A expense." (3/28/2017)
Who are some of Jagged Peak Energy's key competitors?
Some companies that are related to Jagged Peak Energy include EQT Midstream Partners, LP (EQM), Helmerich & Payne (HP), EnLink Midstream Partners, LP (ENLK), Antero Midstream Partners LP (AM), Subsea 7 SA (SUBCY), RSP Permian (RSPP), Phillips 66 Partners LP (PSXP), Gazprom OAO (OGZPY), Energen Corporation (EGN), Shell Midstream Partners, L.P. (SHLX), First Solar (FSLR), Tesoro Logistics LP (ANDX), RPC (RES), Enbridge Energy, L.P. (EEP), DCP Midstream Partners, LP (DCP), Centennial Res (CDEV), Range Resources Corporation (RRC) and Murphy Oil Corporation (MUR).
When did Jagged Peak Energy IPO?
(JAG) raised $649 million in an initial public offering on Friday, January 27th 2017. The company issued 38,200,000 shares at $16.00-$18.00 per share. Citigroup, Credit Suisse, J.P. Morgan, Goldman Sachs, RBC Capital Markets and Wells Fargo Securities acted as the underwriters for the IPO and UBS Investment Bank, KeyBanc Capital Markets, ABN AMRO, Fifth Third Securities, Petrie Partners Securities, Tudor, Pickering, Holt, BMO Capital Markets, Deutsche Bank Securities, Evercore ISI and Scotia Howard Weil were co-managers.
Who owns Jagged Peak Energy stock?
Jagged Peak Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include JJJ Advisors Inc. (0.04%). Company insiders that own Jagged Peak Energy stock include John R Sult and Roger L Jarvis. View Institutional Ownership Trends for Jagged Peak Energy.
Who bought Jagged Peak Energy stock? Who is buying Jagged Peak Energy stock?
Jagged Peak Energy's stock was acquired by a variety of institutional investors in the last quarter, including JJJ Advisors Inc.. Company insiders that have bought Jagged Peak Energy stock in the last two years include John R Sult and Roger L Jarvis. View Insider Buying and Selling for Jagged Peak Energy.
How do I buy Jagged Peak Energy stock?
Shares of Jagged Peak Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Jagged Peak Energy's stock price today?
MarketBeat Community Rating for Jagged Peak Energy (NYSE JAG)MarketBeat's community ratings are surveys of what our community members think about Jagged Peak Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Jagged Peak Energy stock can currently be purchased for approximately $13.68.
Consensus Ratings for Jagged Peak Energy (NYSE:JAG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 15 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.83)|
|Consensus Price Target: ||$17.71 (29.43% upside)|Consensus Price Target History for Jagged Peak Energy (NYSE:JAG)
Analysts' Ratings History for Jagged Peak Energy (NYSE:JAG)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Bank of America Corporation||Initiated Coverage||Buy||N/A|
|10/12/2017||Imperial Capital||Initiated Coverage||Outperform||$18.00||N/A|
|10/10/2017||BMO Capital Markets||Set Price Target||Buy||$18.00||N/A|
|10/9/2017||Jefferies Group LLC||Initiated Coverage||Hold||$14.00||N/A|
|9/28/2017||Seaport Global Securities||Initiated Coverage||Buy||$16.00||Medium|
|8/24/2017||Royal Bank Of Canada||Set Price Target||Buy||$17.00||Low|
|8/15/2017||Citigroup Inc.||Set Price Target||Buy||$18.00 -> $19.00||Low|
|7/1/2017||Scotiabank||Set Price Target||Hold||$13.00||Medium|
|6/19/2017||KLR Group||Initiated Coverage||Buy -> Buy||$21.00||Medium|
|6/2/2017||Credit Suisse Group||Reiterated Rating||Outperform||$19.00||Low|
|5/31/2017||J P Morgan Chase & Co||Lower Price Target||Overweight||$19.00 -> $16.00||High|
|3/15/2017||Stifel Nicolaus||Initiated Coverage||Buy -> Buy||$15.00||High|
|3/8/2017||Howard Weil||Initiated Coverage||Sector Perform||$17.00||Medium|
|2/21/2017||Evercore ISI||Initiated Coverage||Buy||$18.00||N/A|
|2/21/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Buy -> Buy||$19.00||N/A|
|2/21/2017||KeyCorp||Initiated Coverage||Overweight -> Overweight||$18.00||N/A|
|2/21/2017||Wells Fargo & Company||Initiated Coverage||Outperform -> Outperform||$23.00||N/A|
|2/13/2017||Susquehanna Bancshares Inc||Initiated Coverage||Positive||$20.00||N/A|
Earnings History for Jagged Peak Energy (NYSE:JAG)Earnings History by Quarter for Jagged Peak Energy (NYSE JAG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/9/2017||Q2 2017||$0.08||$0.05||$55.12 million||$53.10 million||View||Listen|
Earnings Estimates for Jagged Peak Energy (NYSE:JAG)
2017 EPS Consensus Estimate: $0.27
2018 EPS Consensus Estimate: $0.62
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Jagged Peak Energy (NYSE:JAG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Jagged Peak Energy (NYSE:JAG)
Institutional Ownership Percentage: 17.10%Insider Trades by Quarter for Jagged Peak Energy (NYSE:JAG)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/1/2017||John R Sult||Director||Buy||25,000||$15.00||$375,000.00|| |
|1/27/2017||Roger L Jarvis||Director||Buy||10,000||$14.15||$141,500.00|| |
Headline Trends for Jagged Peak Energy (NYSE:JAG)
Latest Headlines for Jagged Peak Energy (NYSE:JAG)
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Jagged Peak Energy (JAG) Chart for Sunday, October, 22, 2017