Jagged Peak Energy Inc. (NYSE:JAG) Set to Announce Quarterly Earnings on Wednesday

Jagged Peak Energy Inc. (NYSE:JAG) will announce its earnings results after the market closes on Wednesday, August 9th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

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Several analysts have issued reports on JAG shares. Scotiabank restated a “hold” rating on shares of Jagged Peak Energy in a research note on Monday, April 24th. Royal Bank Of Canada set a $19.00 price objective on Jagged Peak Energy and gave the company a “buy” rating in a research note on Tuesday, April 25th. Zacks Investment Research cut Jagged Peak Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, April 26th. BMO Capital Markets set a $15.00 price objective on Jagged Peak Energy and gave the company a “hold” rating in a research note on Monday, May 15th. Finally, J P Morgan Chase & Co cut their price objective on Jagged Peak Energy from $19.00 to $16.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 31st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $17.75.

Jagged Peak Energy Company Profile

Jagged Peak Energy Inc is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations.