Media headlines about Jones Energy (NYSE:JONE) have trended somewhat positive this week, according to Alpha One Sentiment Analysis. Alpha One, a unit of Accern, identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Jones Energy earned a coverage optimism score of 0.24 on Alpha One’s scale. Alpha One also assigned news coverage about the oil and gas producer an impact score of 89 out of 100, meaning that recent news coverage is very likely to have an impact on the stock’s share price in the immediate future.
JONE has been the subject of a number of research reports. Zacks Investment Research raised Jones Energy from a “hold” rating to a “buy” rating and set a $2.25 price target for the company in a research report on Wednesday, April 19th. Stifel Nicolaus reissued a “buy” rating and set a $5.00 price target on shares of Jones Energy in a research report on Monday, April 17th. SunTrust Banks, Inc. reissued a “buy” rating on shares of Jones Energy in a research report on Monday, March 13th. Seaport Global Securities raised Jones Energy from an “accumulate” rating to a “buy” rating in a research report on Wednesday, February 1st. Finally, Barclays PLC reaffirmed an “underweight” rating and issued a $2.00 target price (down previously from $3.00) on shares of Jones Energy in a research report on Saturday, April 22nd. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $4.64.
Jones Energy (NYSE:JONE) last released its quarterly earnings data on Wednesday, March 8th. The oil and gas producer reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.02. The company had revenue of $39.50 million for the quarter, compared to analyst estimates of $44.66 million. Jones Energy had a negative net margin of 10.70% and a negative return on equity of 0.64%. Jones Energy’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 EPS.
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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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