With Apache's emphasis on the western Anadarko basin through its acquisition of Cordillera offset by BP's announcement that it is selling its Anadarko gas properties, a look at Jones Energy (NYSE:JONE) is timely. Jones has been public less than a year: its initial public offering occurred in July, 2013. This oil and gas company focuses narrowly on producing from the western Anadarko and Arkoma basins.
A gas/natural gas liquid-weighted reserves and production profile is now worth more on the back of near-term higher gas prices. Jones Energy's recent presentation in which it emphasized barrels of oil equivalent instead of oil, gas liquids, and gas separately served to obscure its value as a natural gas producer. According to Jones'...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|