Jones Energy (JONE) Tops Q1 EPS by 17c

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Jones Energy, Inc. Announces 2017 First Quarter Financial and Operating Results

May 3, 2017 4:30 PM EDT

AUSTIN, Texas, May 03, 2017 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (Jones Energy or the Company) today announced financial and operating results for the quarter ended March 31, 2017 and provided initial guidance for second quarter 2017.   

Highlights

Average daily net production for the first quarter of 2017 of 18.9 Mboe/d, 1.4 Mboe/d above midpoint of guidance.First three operated Merge wells all successfully completed and flowing back with production increasing on all three wells. IP30 has not been reached yet on any of the... More