Jagged Peak Energy LLC (NYSE:JAG) Director Charles D. Davidson purchased 11,000 shares of Jagged Peak Energy stock in a transaction dated Wednesday, May 16th. The shares were bought at an average price of $13.43 per share, with a total value of $147,730.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Jagged Peak Energy stock traded down $0.17 during trading on Thursday, hitting $13.22. 1,292,201 shares of the company were exchanged, compared to its average volume of 1,391,320. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.36 and a quick ratio of 0.36. Jagged Peak Energy LLC has a fifty-two week low of $13.23 and a fifty-two week high of $13.43. The company has a market capitalization of $2.84 billion, a P/E ratio of 50.85 and a beta of -1.13.
Jagged Peak Energy (NYSE:JAG) last issued its quarterly earnings data on Friday, May 11th. The mining company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.02. Jagged Peak Energy had a positive return on equity of 10.30% and a negative net margin of 7.13%. The firm had revenue of $129.05 million during the quarter, compared to the consensus estimate of $117.42 million. During the same period in the previous year, the firm posted ($0.42) EPS. The company’s quarterly revenue was up 227.6% compared to the same quarter last year. research analysts expect that Jagged Peak Energy LLC will post 0.41 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of the stock. Legal & General Group Plc raised its position in shares of Jagged Peak Energy by 72.3% during the 1st quarter. Legal & General Group Plc now owns 23,513 shares of the mining company’s stock worth $333,000 after purchasing an additional 9,869 shares during the last quarter. Precocity Capital LP acquired a new position in Jagged Peak Energy in the 1st quarter valued at $1,978,000. Westwood Holdings Group Inc. acquired a new position in Jagged Peak Energy in the 1st quarter valued at $15,038,000. Gluskin Sheff & Assoc Inc. acquired a new position in Jagged Peak Energy in the 1st quarter valued at $987,000. Finally, Tibra Equities Europe Ltd acquired a new position in Jagged Peak Energy in the 1st quarter valued at $334,000. Hedge funds and other institutional investors own 24.05% of the company’s stock.
About Jagged Peak Energy
Jagged Peak Energy Inc operates as an independent oil and natural gas company. The company focuses 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. As of December 31, 2016, it held an 86% average working interest in approximately 75,200 net acres with an estimated net proved reserves of 82,358 thousand barrel of oil equivalent, as well as owned a 94% average working interest in 94 net productive wells.
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