How Analysts Feel About Jagged Peak Energy Inc (NYSE:JAG) After Decrease in Sellers?

The stock of Jagged Peak Energy Inc (NYSE:JAG) registered a decrease of 4.08% in short interest. JAG’s total short interest was 13.49M shares in October as published by FINRA. Its down 4.08% from 14.06 million shares, reported previously. With 1.28M shares average volume, it will take short sellers 11 days to cover their JAG’s short positions. The short interest to Jagged Peak Energy Inc’s float is 23.47%.

The stock increased 2.56% or $0.17 during the last trading session, reaching $6.82. About 1.36 million shares traded. Jagged Peak Energy Inc. (NYSE:JAG) has declined 48.85% since October 12, 2018 and is downtrending. It has underperformed by 48.85% the S&P500.

Jagged Peak Energy Inc., an independent oil and natural gas company, focuses on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware basin, a sub-basin of the Permian basin of West Texas. The company has market cap of $1.46 billion. As of December 31, 2016, it held a 92% average working interest in approximately 66,393 net acres; and had 37,695 thousand barrel of oil equivalent of estimated net proved reserves, as well as owned a 98% average working interest in 49 net productive wells. It has a 13.64 P/E ratio.

Jagged Peak Energy Inc. (NYSE:JAG) Ratings Coverage

Among 5 analysts covering Jagged Peak Energy Inc. Common Stock (NYSE:JAG), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Jagged Peak Energy Inc. Common Stock has $1100 highest and $800 lowest target. $9.80’s average target is 43.70% above currents $6.82 stock price. Jagged Peak Energy Inc. Common Stock had 8 analyst reports since July 8, 2019 according to SRatingsIntel. The stock has “Overweight” rating by KeyBanc Capital Markets on Monday, September 16. On Monday, September 23 the stock rating was maintained by Citigroup with “Buy”. The stock of Jagged Peak Energy Inc. (NYSE:JAG) earned “Equal-Weight” rating by Barclays Capital on Friday, August 30. The stock of Jagged Peak Energy Inc. (NYSE:JAG) earned “In-Line” rating by Imperial Capital on Wednesday, July 17.

More notable recent Jagged Peak Energy Inc. (NYSE:JAG) news were published by: Prnewswire.com which released: “Jagged Peak Energy Inc. Announces The Addition Of Janeen S. Judah To Its Board Of Directors – PRNewswire” on April 24, 2019, also Seekingalpha.com with their article: “Jagged Peak Energy (JAG) CEO Jim Kleckner on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” published on August 10, 2019, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For October 10, 2019 – Benzinga” on October 10, 2019. More interesting news about Jagged Peak Energy Inc. (NYSE:JAG) were released by: Streetinsider.com and their article: “After-Hours Movers 09/23: (KERN) (JAG) (FDP) Higher; (VER) (PLMR) Lower (more…) – StreetInsider.com” published on September 23, 2019 as well as Streetinsider.com‘s news article titled: “Fresh Del Monte Produce (FDP) and Jagged Peak Energy (JAG) Set to Join S&P SmallCap 600 – StreetInsider.com” with publication date: September 23, 2019.

Jagged Peak Energy Inc. (NYSE:JAG) Ratings Chart

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