Jones Energy (JONE) Misses Q2 EPS by 70c
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Jones Energy, Inc. Announces 2016 Second Quarter Financial and Operating Results, Anadarko Basin Acquisition, and Increases 2016 Production Guidance
August 3, 2016 4:16 PM EDTAUSTIN, Texas, Aug. 03, 2016 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (Jones Energy or the Company) today announced financial and operating results for the quarter ended June 30, 2016 as well as the entry into an agreement for a $27.1 million acquisition of assets in the Anadarko Basin, and increased 2016 production guidance while lowering capital guidance. Â Â
Highlights
Average daily net production for the second quarter 2016 of 18.6 MBoe/d, with oil production of 4.4 MBbl/dIncreasing full year 2016 production guidance by 5%Lowering full year 2016 capital guidance by 10%Lease operating... More