JAG - Jagged Peak Energy Reports Decent Q1 2019 Results
Jagged Peak Energy (JAG) reported decent Q1 2019 earnings which showed that it has made significant strides towards reaching its well cost targets. It reiterated its 2019 full-year guidance, although it also dealt with weak realized prices for its natural gas and NGLs, resulting in a modest negative impact on its results.
Q1 2019 Results
Jagged Peak's Q1 2019 results involved oil production of 28.1 MBbls per day, which was close to its guidance midpoint for the quarter, although total production of 36.7 MBoe per day was towards the low end of its