Jones Energy (JONE) Reports Q1 Loss of $0.32/Share

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Go back to Jones Energy (JONE) Reports Q1 Loss of $0.32/Share

Jones Energy, Inc. Announces 2018 First Quarter Financial and Operating Results

May 2, 2018 5:40 PM EDT

AUSTIN, Texas, May 02, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (Jones Energy or the Company) today announced financial and operating results for the quarter ended March 31, 2018.   

Highlights

Net loss for the first quarter of 2018 of $28.9 million, or a loss of $0.30 per share, non-GAAP adjusted net loss of $30.3 million, or $0.32 per share, and EBITDAX of $29.8 million.1Management and the Board of Directors are reevaluating the Companys financial, operating and drilling plans for 2018 and beyond.

Financial Results

Total operating revenues for the three... More