Jones Energy, Inc. (JONE) Reaches $0.39 Yearly Low; PINE CLIFF ENERGY LTD CANADA (PIFYF) Shorts Raised By 0.48%

June 10, 2018 - By Pete Kolinski

The stock of Jones Energy, Inc. (NYSE:JONE) hit a new 52-week low and has $0.36 target or 8.00% below today’s $0.39 share price. The 5 months bearish chart indicates high risk for the $39.76M company. The 1-year low was reported on Jun, 10 by Barchart.com. If the $0.36 price target is reached, the company will be worth $3.18 million less. The stock decreased 4.19% or $0.0169 during the last trading session, reaching $0.3867. About 1.42M shares traded or 33.29% up from the average. Jones Energy, Inc. (NYSE:JONE) has declined 78.18% since June 10, 2017 and is downtrending. It has underperformed by 90.75% the S&P500. Some Historical JONE News: ; 02/05/2018 – Jones Energy 1Q Loss/Shr 30c; 17/04/2018 – JONES ENERGY: JONES WILL CONTINUE TO SERVE AS CHAIRMAN; 02/05/2018 – Jones Energy 1Q Loss $25.4M; 17/04/2018 – JONES ENERGY INC JONE.N SAYS JEFF TANNER APPOINTED COO; 22/05/2018 – Jones Energy, Inc. Announces Results of Annual Stockholder Meeting; 17/04/2018 – JONES ENERGY TERMINATED PRESIDENT MIKE S. MCCONNELL; 10/04/2018 – JONES ENERGY’S RATINGS TO CCC- FROM CCC BY FITCH; 17/04/2018 – JONES ENERGY INC – JEFF TANNER WILL ALSO SERVE AS THE INTERIM CHIEF EXECUTIVE OFFICER; 17/04/2018 – JONES ENERGY NAMES JEFF TANNER AS COO; 10/04/2018 – FITCH DOWNGRADES JONES ENERGY’S RATINGS TO ‘CCC-‘ FOLLOWING

PINE CLIFF ENERGY LTD CANADA (OTCMKTS:PIFYF) had an increase of 0.48% in short interest. PIFYF’s SI was 273,900 shares in June as released by FINRA. Its up 0.48% from 272,600 shares previously. With 500 avg volume, 548 days are for PINE CLIFF ENERGY LTD CANADA (OTCMKTS:PIFYF)’s short sellers to cover PIFYF’s short positions. The SI to PINE CLIFF ENERGY LTD CANADA’s float is 0.11%. It closed at $0.25 lastly. It is down 0.00% since June 10, 2017 and is . It has underperformed by 12.57% the S&P500.

Pine Cliff Energy Ltd. engages in the acquisition, exploration for, development, and production of crude oil, natural gas, and natural gas liquids in the Western Canadian Sedimentary Basin.The firm primarily holds interests in natural gas assets in the Southern core area and Edson core area; and oil and natural gas assets in the Viking and Ghost Pine area of Central Alberta. The company has market cap of $79.39 million. It also holds interests in natural gas liquids assets in the Sundance, Carstairs, Garrington, and Harmattan areas of Alberta; and natural gas assets in the Cadillac area of Southern Saskatchewan. It currently has negative earnings. As of December 31, 2016, its proved reserves were 53,801.1 million barrels of oil equivalent and proved plus probable reserves were 70,935.4 million barrels of oil equivalent.

Jones Energy, Inc., an independent oil and gas company, acquires, explores for, develops, and produces oil and natural gas properties in the mid-continent region of the United States. The company has market cap of $39.76 million. 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. It currently has negative earnings. As of December 31, 2015, the companyÂ’s total estimated proved reserves included 105.2 million barrels of oil equivalent.

More news for Jones Energy, Inc. (NYSE:JONE) were recently published by: Globenewswire.com, which released: “Jones Energy, Inc. Announces Results of Annual Stockholder Meeting” on May 22, 2018. Globenewswire.com‘s article titled: “Jones Energy, Inc. Forgoes Convertible Preferred Stock Dividend” and published on May 14, 2018 is yet another important article.

Among 14 analysts covering Jones Energy Inc (NYSE:JONE), 5 have Buy rating, 3 Sell and 6 Hold. Therefore 36% are positive. Jones Energy Inc had 35 analyst reports since July 21, 2015 according to SRatingsIntel. Stephens maintained Jones Energy, Inc. (NYSE:JONE) rating on Tuesday, March 13. Stephens has “Hold” rating and $1.0 target. The firm earned “Accumulate” rating on Tuesday, August 30 by Seaport Global. The stock of Jones Energy, Inc. (NYSE:JONE) earned “Neutral” rating by JP Morgan on Thursday, July 20. The firm has “Underweight” rating by Barclays Capital given on Friday, August 26. The stock of Jones Energy, Inc. (NYSE:JONE) earned “Overweight” rating by JP Morgan on Wednesday, December 9. The rating was upgraded by IBERIA Capital on Tuesday, May 24 to “Outperform”. The stock of Jones Energy, Inc. (NYSE:JONE) has “Buy” rating given on Tuesday, January 17 by SunTrust. The stock of Jones Energy, Inc. (NYSE:JONE) earned “Outperform” rating by Imperial Capital on Friday, August 14. The firm earned “Underweight” rating on Wednesday, August 10 by Barclays Capital. The stock has “Hold” rating by SunTrust on Tuesday, January 2.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.48, from 1.41 in 2017Q4. It worsened, as 9 investors sold Jones Energy, Inc. shares while 19 reduced holdings. 8 funds opened positions while 18 raised stakes. 59.82 million shares or 3.14% more from 58.00 million shares in 2017Q4 were reported. Raymond James Ser Advsrs has 0% invested in Jones Energy, Inc. (NYSE:JONE). 10,938 are owned by Ser Automobile Association. Schwab Charles Investment Mgmt reported 100,000 shares. One Trading Limited Partnership has 0% invested in Jones Energy, Inc. (NYSE:JONE) for 1,047 shares. Geode Mngmt Limited Liability Corporation stated it has 505,990 shares. Jpmorgan Chase And Com stated it has 16,564 shares. Northern Trust has invested 0% in Jones Energy, Inc. (NYSE:JONE). Amer Group Inc Inc holds 0% or 32,386 shares. Ny State Common Retirement Fund holds 59,590 shares or 0% of its portfolio. Country Club Tru Company Na invested in 0.04% or 440,000 shares. Barclays Public Ltd Com, a United Kingdom-based fund reported 61,710 shares. Aqr Capital Mngmt Limited Liability Corp holds 0% or 89,890 shares. Vanguard Group Incorporated stated it has 3.49 million shares. Bnp Paribas Arbitrage Sa stated it has 12,164 shares or 0% of all its holdings. Blackrock Incorporated has 3.78M shares.

Jones Energy, Inc. (NYSE:JONE) Institutional Positions Chart

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