Jagged Peak Energy Inc. (JAG) Set to Announce Earnings on Wednesday
Jagged Peak Energy Inc. (NYSE:JAG) will be releasing its earnings data after the market closes on Wednesday, November 8th. Analysts expect Jagged Peak Energy to post earnings of $0.07 per share for the quarter.
Jagged Peak Energy (NYSE:JAG) last released its quarterly earnings data on Wednesday, August 9th. The mining company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.03). The company had revenue of $53.10 million for the quarter, compared to analyst estimates of $55.12 million. The business’s revenue for the quarter was up 175.1% on a year-over-year basis. On average, analysts expect Jagged Peak Energy to post $0.28 EPS for the current fiscal year and $0.56 EPS for the next fiscal year.
Jagged Peak Energy Inc. (NYSE:JAG) opened at 13.89 on Wednesday. The company’s 50-day moving average is $13.44 and its 200 day moving average is $12.97. The company’s market cap is $2.96 billion. Jagged Peak Energy Inc. has a 1-year low of $10.96 and a 1-year high of $15.19.
A number of research firms have weighed in on JAG. Zacks Investment Research raised shares of Jagged Peak Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. BMO Capital Markets set a $18.00 target price on shares of Jagged Peak Energy and gave the company a “buy” rating in a research report on Saturday, August 12th. ValuEngine downgraded shares of Jagged Peak Energy from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Jefferies Group LLC began coverage on shares of Jagged Peak Energy in a research report on Monday, October 9th. They set a “hold” rating and a $14.00 target price for the company. Finally, Seaport Global Securities began coverage on shares of Jagged Peak Energy in a research report on Thursday, September 28th. They set a “buy” rating and a $16.00 target price for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have assigned a buy rating to the company. Jagged Peak Energy currently has an average rating of “Buy” and an average target price of $17.61.
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Jagged Peak Energy Company Profile
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.
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