Media stories about Jones Energy (NYSE:JONE) have been trending positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Jones Energy earned a media sentiment score of 0.38 on Accern’s scale. Accern also assigned headlines about the oil and gas producer an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Noble Energy Inc Set to Possibly Rebound After Yesterday’s Selloff of 1.16% (mysmartrend.com)
- Critical Contrast: Jones Energy (JONE) vs. Magellan Petroleum Corporation (TELL) (americanbankingnews.com)
- Analysts Expect Jones Energy, Inc. (JONE) Will Post Quarterly Sales of $51.17 Million (americanbankingnews.com)
- -$0.17 EPS Expected for Jones Energy, Inc. (JONE) This Quarter (americanbankingnews.com)
JONE has been the subject of several recent analyst reports. SunTrust Banks, Inc. restated a “buy” rating on shares of Jones Energy in a research note on Monday, March 13th. Stifel Nicolaus restated a “buy” rating and issued a $5.00 price target on shares of Jones Energy in a research note on Monday, April 17th. Zacks Investment Research downgraded Jones Energy from a “buy” rating to a “hold” rating in a research note on Friday, April 21st. Seaport Global Securities downgraded Jones Energy from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $5.00 to $1.50 in a research note on Wednesday, June 21st. Finally, Barclays PLC restated an “underweight” rating and issued a $2.00 price target (down from $3.00) on shares of Jones Energy in a research note on Saturday, April 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $4.36.
Jones Energy (NYSE JONE) opened at 1.40 on Monday. Jones Energy has a 52-week low of $1.30 and a 52-week high of $4.91. The company’s market capitalization is $91.75 million. The stock’s 50 day moving average price is $1.93 and its 200-day moving average price is $3.14.
In related news, President Mike Mcconnell sold 38,927 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $1.95, for a total transaction of $75,907.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Eric Niccum sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $1.91, for a total value of $76,400.00. The disclosure for this sale can be found here. 37.20% of the stock is currently owned by insiders.
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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