Jones Energy (JONE) Posts Mixed Q4 Results

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Jones Energy, Inc. Announces 2015 Fourth Quarter and Full Year Financial and Operating Results

March 7, 2016 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 and full year ended December 31, 2015.

Highlights

Production for the full year 2015 of 9.2 MMBoe (25.1 MBoe/d), up 8% from 2014 EBITDAX for the full year 2015 of $268.4 million Adjusted net income for the fourth quarter 2015 of $0.6 million, or $0.03 per share Repurchased $171 million in face value of senior notes for $74 million (43% of par), resulting in a $97 million decline in total debt outstanding and $12.5 million in expected annual... More