0.3799 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||0.3710 x 900|
|Ask||0.3897 x 1200|
|Day's range||0.3696 - 0.3950|
|52-week range||0.3500 - 2.2100|
|PE ratio (TTM)||N/A|
|Earnings date||1 Aug 2018 - 6 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||1.49|
Inc. have banded together, warning the company against any attempt to force a swap or debt buyback at a big discount. In a letter Wednesday, a bondholder group informed Jones Energy’s board that they hold 80% of the company’s unsecured notes and have signed a four-year cooperation agreement to present a united front in ongoing debt-restructuring talks with the company. The letter comes in response to several moves Jones Energy announced in February to try to lighten its heavy debt load.
Bondholders led by Avenue and Brookfield are calling for the company to exchange $559 million in unsecured notes for new secured bonds and equity, the people said. Jones Energy has over $1 billion in debt. The bondholders are just the latest investors urging Jones Energy to explore options to restructure its balance sheet and sell assets.
As of January 2, 2018, three of four analysts covering Northern Oil and Gas (NOG) had "hold" recommendations, while one analyst had a "sell" recommendation.
In this part of the series, we'll look at the top percentage gainers from the oil and gas production—or upstream—sector in the United States this week.
Oil prices jumped last week on rising geopolitical tensions and a government report that showed a surprise drop in crude inventories.
Although Pioneer Natural's (PXD) Q3 output was lower than the Zacks Consensus Estimate, production surged sequentially and year over year.
With a contract for gathering and processing works from Southwestern Energy, Williams Partners (WPZ) is expected to generate fee-based revenues.
The deals are part of Shell's (RDS.A) portfolio optimization strategy and the $30 billion global divestment program for 2016-2018.
In the week starting October 2, 2017, Jones Energy (JONE) has fallen ~9.0%, from $1.92 to $1.74. It has fallen every day so far this week.