Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Jones Energy (JONE) Share Price

Media stories about Jones Energy (NYSE:JONE) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Jones Energy earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 46.3373508370105 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

Jones Energy (NYSE:JONE) last issued its quarterly earnings results on Thursday, August 3rd. The oil and gas producer reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.30. Jones Energy had a positive return on equity of 0.09% and a negative net margin of 79.19%. The company had revenue of $48.60 million for the quarter, compared to analysts’ expectations of $53.93 million. During the same quarter last year, the business earned ($0.09) earnings per share. Jones Energy’s revenue was up 67.0% on a year-over-year basis.

Several brokerages have issued reports on JONE. Seaport Global Securities lowered shares of Jones Energy from a “buy” rating to a “neutral” rating and lowered their price target for the company from $5.00 to $1.50 in a report on Wednesday, June 21st. Zacks Investment Research lowered shares of Jones Energy from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. J P Morgan Chase & Co lowered shares of Jones Energy from an “overweight” rating to a “neutral” rating and set a $1.50 price target on the stock. in a report on Thursday, July 20th. Finally, ValuEngine raised shares of Jones Energy from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $3.96.

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In related news, major shareholder Metalmark Capital Ii Llc sold 143,081 shares of the firm’s stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $1.62, for a total value of $231,791.22. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold 535,674 shares of company stock worth $868,554 in the last 90 days. 37.20% of the stock is owned by company 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.

Insider Buying and Selling by Quarter for Jones Energy (NYSE:JONE)

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