|Bid||0.00 x 1200|
|Ask||0.00 x 900|
|Day's Range||8.12 - 8.33|
|52 Week Range||5.80 - 11.39|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||10.72|
|Earnings Date||Nov 06, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.47|
Parsley Energy, Inc. (NYSE: PE) ("Parsley," or "Parsley Energy") today announced that it has completed its acquisition of Jagged Peak Energy Inc. (NYSE: JAG) ("Jagged Peak"). The acquisition was previously approved by Parsley shareholders at a special meeting held on January 9, 2020, where more than 99.5% of the votes cast by Parsley stockholders were voted in favor of the proposal to issue Parsley common stock to the holders of Jagged Peak common stock as consideration for the acquisition.
Given that shale drillers will probably generate handsome free cashflows in 2020, it would be ideal to keep an eye on the following Permian explorers that are poised to gain.
With WTI crude, the domestic benchmark, bouncing back above $60 per barrel on multiple tailwinds, the investor hunger for M&A deals in the energy space is likely to remain strong.
From the U.S. shale patch to simmering trade war tensions, there are a number of factors investors need to be aware of as the new year approaches
The acquisition of a Denver oil company will eliminate all 92 of the jobs at its headquarters in early 2020. Jagged Peak Energy Inc. (NYSE: JAG) is being acquired in an all-stock transaction valued at $2.3 billion by Austin-based Parsely Energy Inc. (NYSE: PE). It expects to lay off its CEO James Kleckner and other top executives and operations personnel after the deal closes Jan. 10.
Colorado’s tightening oil and gas regulations played a key role in the $1.7 billion deal of the two largest oil producers based in the state. SRC Energy focused on being acquired by PDC Energy and didn’t shop itself more broadly because it believed Colorado’s strict regulatory environment would discourage out-of-state oil companies. SRC Energy Inc. (NYSE: SRCI) and PDC Energy Inc. (Nasdaq: PDCE) announced their all-stock deal Aug. 26 combining to the two Denver-based companies.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Jagged Peak Energy Inc. (JAG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
WILMINGTON, Del., Nov. 29, 2019 -- Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District.
NEW YORK , Nov. 22, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City , is investigating potential claims involving the directors and officers ...
A flurry of oil and gas industry mergers in early fall buoyed what has been a quiet market for deals. Experts says its a sign of declining investor confidence even as companies producing oil and natural gas from onshore shale basins like Colorado’s Denver-Julesburg Basin set new records in production. The industry is caught between debt taken on in 2017 and 2018 as companies raced to establish growth amid high oil prices and the sudden lack of confidence in the sector now that lower oil prices have lingered and U.S. oil production continues to boom and contribute to oversupply.
Parsley's (PE) third-quarter average quarterly volume grows 29.4% year over year on the back of higher production of oil, natural gas and natural gas liquids.
Jagged Peak Energy's (JAG) third-quarter results are affected by lower commodity price realizations and higher operating expenses, partially offset by rise in production volumes.
Jagged Peak Energy Inc. (JAG) delivered earnings and revenue surprises of -23.08% and -1.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Third quarter capital expenditures of $185 million including leasehold acquisition costs; third quarter development capital expenditures(1) of $167 million , 17% below the midpoint of the Company's guidance ...
NEW YORK, NY / ACCESSWIRE / November 6, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
NEW YORK , Nov. 4, 2019 /PRNewswire/ -- AZZ Inc. (AZZ) Lifshitz & Miller announces investigation into possible securities laws violations in connection with AZZ alleged material weakness in its internal ...
Jagged Peak Energy Inc. (JAG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, NY / ACCESSWIRE / October 30, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
NEW YORK, Oct. 28, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
DENVER , Oct. 25, 2019 /PRNewswire/ -- Jagged Peak Energy Inc. (NYSE: JAG) (the "Company") today announced that it plans to release its third quarter 2019 earnings and operational update after ...
The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 28. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
NEW YORK, NY / ACCESSWIRE / October 24, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...