Source: Houston Chronicle Austin-based Parsley Energy said it will pay $1.65 billion to acquire Denver’s Jagged Peak Energy in a combination of Permian Basin players. The all-stock deal turns Parsley into a buyer at a time when energy analysts believed it would be more likely instead for Parsley to be scooped up by a Big Oil major looking to further
Jagged Peak Energy Inc. Announces The Addition Of Janeen S. Judah To Its Board Of Directors
Eyes 15% cost savings in 2019 By Richard Rostad, analyst, Oil & Gas 360 Jagged Peak Energy (ticker: JAG) announced fourth quarter results and reserves today, showing net income of $186.3 million, or $0.87 per share. Most of this profit is due to derivatives, and if these and other special charges are excluded Jagged Peak earned $28.2 million in Q4.
Jagged Peak Energy, Inc. (NYSE: JAG) Company Overview Jagged Peak is an independent pure play 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. Q1 2018 production growth YOY: 182% ~10% improvement in average footage drilled per day from 2017 Owns and operates its
Jagged Peak Energy Inc. (ticker: JAG) Chairman, President and CEO Joseph N. Jaggers said that he plans to retire at the end of March 2018 for health and personal reasons. Following an orderly transition, current independent director James J. Kleckner will become the company’s president and CEO. Also, as part of the succession plan, current company director Charles D. Davidson,
Permian pure-play Jagged Peak Energy (ticker: JAG) holds approximately 70,000 net acres in the prolific basin. Within its Permian acreage, Jagged Peak has identified 1,265 potential drilling locations and—as of September, 2016—estimates its proved reserves value at 32.7 MMBOE. The company itself launched its initial public offering in January, 2017 and, in its first quarter as a public company, it
Jagged Peak Energy is developing 60,000 net acres in the Southern Delaware basin Jagged Peak Energy (ticker: JAG), made its official debut today after the pricing of its IPO on the New York Stock Exchange. Jagged Peak also launched its new website: www.jaggedpeakenergy.com. The stock opened at $14.18 and had traded more than 13 million shares by midday Friday. Jagged
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