Imperial Capital Remains Bullish on Jones Energy (JONE) Following Announced Acquisition - PT to $3.75
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Jones Energy, Inc. Prices Upsized Public Offering of 21,000,000 Shares of Class A Common Stock and 1,600,000 Shares of 8% Series A Perpetual Convertible Preferred Stock
August 19, 2016 7:00 AM EDTAUSTIN, Texas, Aug. 19, 2016 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (Jones Energy or the Company) announced today the pricing of its previously announced underwritten public offerings of 21,000,000 shares of its Class A common stock at $2.77 per share and 1,600,000 of its 8% Series A Perpetual Convertible Preferred Stock (the Convertible Preferred Stock) having an offering price and liquidation preference of $50 per share. The offerings were upsized from the previously announced offerings of 14,000,000 shares of Class A common stock and 1,000,000 shares of Convertible Preferred Stock. The Company has granted the underwriters a 30-day option to purchase up... More
Jones Energy, Inc. Announces STACK/SCOOP Acquisition
August 18, 2016 7:00 AM EDTAUSTIN, Texas, Aug. 18, 2016 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (Jones Energy or the Company) today announced the signing of a definitive purchase and sale agreement to acquire approximately 18,000 net acres primarily in southern Canadian and northern Grady Counties in Oklahoma for $136.5 million. The Company anticipates the transaction will close by the end of September, subject to completion of due diligence, satisfaction of customary closing conditions and obtaining certain consents.  Â
Highlights
Enhances Midcontinent position with entry into one of the most coveted resource plays... MoreJones Energy, Inc. Launches Public Offerings of Class A Common Stock and Series A Perpetual Convertible Preferred Stock
August 18, 2016 7:00 AM EDTAUSTIN, Texas, Aug. 18, 2016 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (Jones Energy or the Company) announced today the launch of an underwritten public offering of 14,000,000Â shares of its Class A common stock, subject to market conditions. The underwriters will have an option to purchase up to an additional 2,100,000Â shares of Class A common stock from the Company.
In addition, the Company also announced today the launch of an underwritten public offering of 1,000,000Â shares of its Series A Perpetual Convertible Preferred Stock at an issue price of $50 per share, subject to market... More