Jones Energy (JONE) Reports Q3 EPS of $0.44

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Go back to Jones Energy (JONE) Reports Q3 EPS of $0.44

Jones Energy, Inc. Announces 2015 Third Quarter Financial and Operating Results

November 4, 2015 4:16 PM EST

AUSTIN, Texas--(BUSINESS WIRE)-- Jones Energy, Inc. (NYSE: JONE) (Jones Energy or the Company) today announced financial and operating results for the quarter ended September 30, 2015. For the quarter ended September 30, 2015, the Company reported net income of $34.8 million, an adjusted net loss of $1.6 million, and EBITDAX of $67.5 million.

2015 Third Quarter Highlights

Average daily net production for the quarter was 25.3 MBoe/d, 2,300 Boe/d above the top end of guidance Increasing full year production guidance to 24.7 25.0 MBoe/d (2nd increase during 2015) Reduced 2015 capital budget from $240 million to $220 million on... More