Jagged Peak Energy Inc. is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural
gas reserves in the Southern Delaware Basin. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations. As of September 30, 2016, it drilled and completed 16 horizontal wells. As of September 30, 2016, it held approximately 90% working interest in approximately 68,121 gross leased or acquired acres. It classifies its acreage position into three project areas: Whiskey River, Cochise and Big Tex. As of September 30, 2016, it drilled and completed eight operated wells in the Whiskey River project area targeting the Lower Wolfcamp A, Upper Wolfcamp A and Wolfcamp B. As of September 30, 2016, it also drilled and completed six operated wells in the Cochise project area.
September 20, 2016
1125 17th St Ste 2400 Denver, CO United States Phone: +1 720 215-3700 Fax: +1 302 655-5049
Net income grew by 75.24%, year over year, to a loss of (U.S.)$0.01 per share during the most recently completed quarter. This was among the strongest growth seen by any company in this industry.
Although this company's net profit margin is negative, it is above the industry average and implies that Jagged Peak Energy Inc is operating more effectively than other companies in the industry. Company Books