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Thursday, March 23, 2017

=Jagged Peak Energy (JAG) reported earnings on Thur 23 March 2017 (a/h)



Jagged Peak Energy announces Q4 loss per share $0.01

* Jagged Peak Energy Inc. announces fourth quarter and full-year 2016 financial and operating results, year-end 2016 proved reserves and 2017 guidance

* Q4 loss per share $0.01

* Q4 earnings per share view $0.01 -- Thomson Reuters I/B/E/S

* Q4 2016 production volumes were 6,438 boe/d (83% oil), an increase of 89% compared to Q4 2015

* Sees average daily production of 17,000 to 19,000 boe/d for 2017, an increase of 203% to 238% compared to 2016

* Jagged Peak Energy Inc sees 2017 average daily production of 17,000 boe/d to 19,000 boe/d for 2017, an increase of 203% to 238% compared to 2016

* Jagged Peak Energy Inc - 2017 exit rate of 26,000 to 28,000 boe/d, an increase of 304% to 335% compared to Q4 2016

* Jagged Peak Energy Inc- Sees capital expenditures for oil and gas activities of $555 to $605 million for 2017

* Jagged Peak Energy Inc says company expects Q1 2017 production to average 9,100 boe/d to 9,300 boe/d

* Jagged Peak Energy Inc - Expects Q1 2017 production to average 9,100 boe/d to 9,300 boe/d

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