Jagged Peak Energy Inc (NYSE:JAG) was the recipient of some unusual options trading on Monday. Investors bought 4,422 call options on the stock. This represents an increase of approximately 2,647% compared to the typical daily volume of 161 call options.
Jagged Peak Energy (NYSE JAG) traded up $0.39 during trading on Friday, hitting $11.87. The stock had a trading volume of 1,929,907 shares, compared to its average volume of 1,381,789. The stock has a market capitalization of $2,527.49 and a PE ratio of 62.47. Jagged Peak Energy has a 1-year low of $10.96 and a 1-year high of $16.55. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.38 and a quick ratio of 0.38.
Jagged Peak Energy (NYSE:JAG) last posted its quarterly earnings data on Wednesday, November 8th. The mining company reported $0.07 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.07. The business had revenue of $70.45 million during the quarter, compared to analysts’ expectations of $72.50 million. Jagged Peak Energy had a positive return on equity of 6.80% and a negative net margin of 200.39%. Jagged Peak Energy’s revenue for the quarter was up 219.3% compared to the same quarter last year. equities analysts forecast that Jagged Peak Energy will post 0.22 EPS for the current fiscal year.
In other Jagged Peak Energy news, CEO Joseph N. Jaggers sold 6,656 shares of Jagged Peak Energy stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $15.25, for a total value of $101,504.00. Following the transaction, the chief executive officer now owns 5,123,908 shares in the company, valued at $78,139,597. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joseph N. Jaggers sold 58,844 shares of Jagged Peak Energy stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $15.28, for a total value of $899,136.32. Following the completion of the transaction, the chief executive officer now owns 5,043,681 shares in the company, valued at approximately $77,067,445.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 884,254 shares of company stock worth $12,008,951.
Several institutional investors have recently bought and sold shares of JAG. Citadel Advisors LLC increased its position in shares of Jagged Peak Energy by 119.5% during the fourth quarter. Citadel Advisors LLC now owns 1,305,196 shares of the mining company’s stock worth $20,596,000 after purchasing an additional 710,624 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Jagged Peak Energy during the fourth quarter worth approximately $223,000. Bank of New York Mellon Corp increased its position in shares of Jagged Peak Energy by 12.0% during the fourth quarter. Bank of New York Mellon Corp now owns 242,595 shares of the mining company’s stock worth $3,829,000 after purchasing an additional 25,907 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Jagged Peak Energy by 34.0% during the fourth quarter. Wells Fargo & Company MN now owns 102,077 shares of the mining company’s stock worth $1,611,000 after purchasing an additional 25,889 shares in the last quarter. Finally, First Trust Advisors LP purchased a new stake in shares of Jagged Peak Energy during the fourth quarter worth approximately $2,846,000. Institutional investors and hedge funds own 21.38% of the company’s stock.
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.
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