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
Capitalization:- Market Cap: $2.98 billion
- Outstanding Shares: 212,930,000
Average Prices:- 50 Day Moving Avg: $13.20
- 200 Day Moving Avg: $12.92
- 52 Week Range: $10.96 - $15.19
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 24.12
- P/E Growth: 0.43
Sales & Book Value:- Annual Revenue: $139.38 million
- Price / Sales: 21.37
- Book Value: $3.19 per share
- Price / Book: 4.39
Profitability:- EBITDA: ($281,080,000.00)
Debt:- Current Ratio: 1.19%
- Quick Ratio: 1.19%
Misc:- Average Volume: 823,298 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) announced its quarterly earnings data on Wednesday, August, 9th. The company reported $0.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.03. The business had revenue of $53.10 million for the quarter, compared to analyst estimates of $55.12 million. The business's revenue was up 175.1% on a year-over-year basis. 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 equities research analysts have issued 1-year target prices for Jagged Peak Energy's stock. 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 twelve months. 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 Rice Energy (RICE), EQT Midstream Partners, LP (EQM), Newfield Exploration Company (NFX), Phillips 66 Partners LP (PSXP), Antero Midstream Partners LP (AM), Helmerich & Payne (HP), EnLink Midstream Partners, LP (ENLK), RSP Permian (RSPP), Subsea 7 SA (SUBCY), Energen Corporation (EGN), RPC (RES), First Solar (FSLR), DCP Midstream Partners, LP (DCP), Centennial Res (CDEV), Shell Midstream Partners, L.P. (SHLX), Range Resources Corporation (RRC), Murphy Oil Corporation (MUR) and Arc Resources (AETUF).
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 a price of $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.
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?
One share of Jagged Peak Energy stock can currently be purchased for approximately $13.99.
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.
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 (26.56% upside) |
Consensus Price Target History for Jagged Peak Energy (NYSE:JAG)
Analysts' Ratings History for Jagged Peak Energy (NYSE:JAG)
Show:
| 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 | |
(Data available from 10/18/2015 forward)
Earnings History for Jagged Peak Energy (NYSE:JAG)Earnings History by Quarter for Jagged Peak Energy (NYSE JAG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/8/2017 | | | | | | | | |
| 8/9/2017 | Q2 2017 | $0.08 | $0.05 | $55.12 million | $53.10 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Jagged Peak Energy (NYSE:JAG)2017 EPS Consensus Estimate: $0.27
2018 EPS Consensus Estimate: $0.62
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.02 | $0.02 | $0.02 |
| Q2 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q3 2017 | 3 | $0.07 | $0.08 | $0.07 |
| Q4 2017 | 3 | $0.10 | $0.11 | $0.11 |
| Q1 2018 | 2 | $0.12 | $0.13 | $0.13 |
| Q2 2018 | 2 | $0.13 | $0.15 | $0.14 |
| Q3 2018 | 2 | $0.16 | $0.17 | $0.17 |
| Q4 2018 | 2 | $0.18 | $0.20 | $0.19 |
| Q1 2019 | 1 | $0.22 | $0.22 | $0.22 |
| Q2 2019 | 1 | $0.23 | $0.23 | $0.23 |
| Q3 2019 | 1 | $0.25 | $0.25 | $0.25 |
(Data provided by Zacks Investment Research)
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)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Jagged Peak Energy (NYSE:JAG)
Latest Headlines for Jagged Peak Energy (NYSE:JAG)
| Source: |
|
| Date | Headline |
|---|
 | Jagged Peak Energy Inc. (JAG) Receives New Coverage from Analysts at Bank of America Corp
www.americanbankingnews.com - October 16 at 6:08 PM |
| Brokerages Anticipate Jagged Peak Energy Inc. (JAG) Will Post Quarterly Sales of $72.36 Million
www.americanbankingnews.com - October 16 at 4:00 AM |
| Jagged Peak Energy Inc. (JAG) Expected to Earn Q3 2017 Earnings of $0.08 Per Share
www.americanbankingnews.com - October 16 at 1:48 AM |
| Imperial Capital Begins Coverage on Jagged Peak Energy Inc. (JAG)
www.americanbankingnews.com - October 15 at 8:54 AM |
 | Jagged Peak Energy Has 'Cracked The Code' To Drilling In The Delaware Basin
finance.yahoo.com - October 13 at 3:47 AM |
| Jagged Peak Energy Inc. to Post Q3 2017 Earnings of $0.07 Per Share, Jefferies Group Forecasts (JAG)
www.americanbankingnews.com - October 12 at 7:56 AM |
| Jagged Peak Energy Inc. (JAG) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - October 11 at 10:32 PM |
| Jagged Peak Energy Inc. (JAG) Given Buy Rating at BMO Capital Markets
www.americanbankingnews.com - October 10 at 9:32 PM |
| Jagged Peak Energy Inc. (JAG) Now Covered by Jefferies Group LLC
www.americanbankingnews.com - October 9 at 5:44 PM |
| Goldman Sachs: Investors More Interested In Energy Sector
finance.yahoo.com - October 2 at 12:59 PM |
| Jagged Peak Energy Inc. (JAG) Coverage Initiated at Seaport Global Securities
www.americanbankingnews.com - September 28 at 8:48 AM |
 | Abraxas Petroleum (AXAS) Releases Update on Well Operations - Nasdaq
www.nasdaq.com - September 27 at 4:54 PM |
| Halcon (HK) to Divest Williston Assets Worth $104 Million - Nasdaq
www.nasdaq.com - September 27 at 4:54 PM |
| Jagged Peak Energy Lowers 3Q17 & FY17 Production Estimates
finance.yahoo.com - September 22 at 1:36 PM |
| Jagged Peak Energy, Inc. breached its 50 day moving average in a Bullish Manner : JAG-US : September 21, 2017
finance.yahoo.com - September 22 at 1:36 PM |
| KeyCorp Weighs in on Jagged Peak Energy Inc.'s Q3 2017 Earnings (JAG)
www.americanbankingnews.com - September 21 at 8:22 AM |
| Jagged Peak Energy Inc. Provides Updated Third Quarter Production Guidance
finance.yahoo.com - September 19 at 8:06 PM |
| Jagged Peak Energy Inc. (JAG) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - September 16 at 10:56 PM |
| ETFs with exposure to Jagged Peak Energy, Inc. : September 15, 2017
finance.yahoo.com - September 16 at 2:31 AM |
| Jagged Peak Energy, Inc. :JAG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 14, 2017
finance.yahoo.com - September 15 at 2:34 AM |
| Royal Bank Of Canada Reiterates "$17.00" Price Target for Jagged Peak Energy Inc. (JAG)
www.americanbankingnews.com - August 25 at 6:34 PM |
| Jagged Peak Energy Inc. (JAG) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - August 22 at 10:44 PM |
| $0.07 Earnings Per Share Expected for Jagged Peak Energy Inc. (JAG) This Quarter
www.americanbankingnews.com - August 19 at 12:30 PM |
| Jagged Peak Energy Inc. (JAG) Given New $19.00 Price Target at Citigroup Inc.
www.americanbankingnews.com - August 15 at 2:26 PM |
| Jagged Peak Energy Inc. (NYSE:JAG) Given a $18.00 Price Target by BMO Capital Markets Analysts
www.americanbankingnews.com - August 13 at 7:56 AM |
| Q3 2017 EPS Estimates for Jagged Peak Energy Inc. Cut by Analyst (JAG)
www.americanbankingnews.com - August 11 at 9:12 AM |
| Jagged Peak Energy Inc. Announces Appointment Of Chief Operating Officer
finance.yahoo.com - August 11 at 4:43 AM |
| Edited Transcript of JAG.N earnings conference call or presentation 10-Aug-17 3:00pm GMT
finance.yahoo.com - August 11 at 4:43 AM |
 | BRIEF-Jagged Peak Energy Q2 non-GAAP earnings per share $0.05
www.reuters.com - August 10 at 2:35 AM |
| Jagged Peak Energy Inc. (JAG) Announces Earnings Results
www.americanbankingnews.com - August 10 at 12:50 AM |
| Jagged Peak Energy Inc. Announces Second Quarter 2017 Financial and Operating Results
finance.yahoo.com - August 9 at 9:34 PM |
 | Jagged Peak Energy: Entry Opportunity For This GARP Play
seekingalpha.com - August 9 at 12:50 AM |
| Jagged Peak Energy, Inc. breached its 50 day moving average in a Bearish Manner : JAG-US : August 4, 2017
finance.yahoo.com - August 4 at 10:29 PM |
| Jagged Peak Energy, Inc. – Value Analysis (NYSE:JAG) : August 5, 2017
finance.yahoo.com - August 4 at 10:29 PM |
| $55.72 Million in Sales Expected for Jagged Peak Energy Inc. (NYSE:JAG) This Quarter
www.americanbankingnews.com - August 3 at 7:52 AM |
| Jagged Peak Energy Inc. (JAG) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:26 AM |
| ETFs with exposure to Jagged Peak Energy, Inc. : August 1, 2017
finance.yahoo.com - August 2 at 1:43 AM |
| Jagged Peak Energy Inc. (NYSE:JAG) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 28 at 10:44 PM |
| Jagged Peak Energy, Inc. breached its 50 day moving average in a Bearish Manner : JAG-US : July 24, 2017
finance.yahoo.com - July 25 at 12:35 AM |
| Jagged Peak Energy Inc. (JAG) Sees Large Increase in Short Interest
www.americanbankingnews.com - July 20 at 7:18 AM |
| Jagged Peak Energy Inc.'s Lock-Up Period Will End on July 26th (NYSE:JAG)
www.americanbankingnews.com - July 19 at 9:00 AM |
| Jagged Peak Energy Schedules Second Quarter 2017 Earnings Conference Call for August 10, 2017
finance.yahoo.com - July 18 at 4:58 PM |
| Q2 2017 EPS Estimates for Jagged Peak Energy Inc. (JAG) Increased by KeyCorp
www.americanbankingnews.com - July 17 at 7:40 AM |
| Citigroup Inc. Trims Jagged Peak Energy Inc. (JAG) Target Price to $18.00
www.americanbankingnews.com - July 13 at 6:02 PM |
| Jagged Peak Energy Inc. (NYSE:JAG) Expected to Post Quarterly Sales of $56.92 Million
www.americanbankingnews.com - July 9 at 7:24 AM |
| Jagged Peak Energy Inc. (NYSE:JAG) Expected to Announce Earnings of $0.07 Per Share
www.americanbankingnews.com - July 8 at 12:10 AM |
| Jagged Peak Energy Inc. (NYSE:JAG) PT Set at $13.00 by Scotiabank
www.americanbankingnews.com - July 2 at 11:50 PM |
 | PLS' Capitalize reviews oil and gas industry's Q1 capital raising activity / $41 billion in debt & equity raised through offerings during quarter
www.finanznachrichten.de - May 11 at 3:18 PM |
 | Form 4 Jagged Peak Energy Inc. For: Apr 14 Filed by: Howard Robert William
www.streetinsider.com - April 19 at 5:55 PM |
| JAGGED PEAK ENERGY INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 24 at 9:31 AM |
Jagged Peak Energy (JAG) Chart for Wednesday, October, 18, 2017
