JAG News and Press, Jagged Peak Energy Inc. From 10/22/19

Merger activity increased last week with two new deal announced and one deal closing. Deal Statistics: New Deals: The acquisition of Jagged Peak Energy ( JAG ) by Parsley Energy ( PE ) for $2.27 billion in an all stock deal. Under the terms of the agreement, Jagged Peak sharehol...

Parsley Energy ( PE ), the Permian Basin focused oil producer, has recently agreed to buy smaller shale driller Jagged Peak Energy ( JAG ) in all-stock deal valued at $2.27 billion. The merger will give Parsley Energy the scale advantage as it significantly expands its footprint in the Per...

As can be expected in such a pessimistic investment environment, companies in the oil and gas space are working hard to create value, even if that means engaging in M&A activity in the process. By combining, the hope is to create larger, more efficient, and more profitable entities that ca...

Oil stocks have been terrible investments in recent years. Over the last three years, the average U.S. oil producer (as measured by the iShares US Oil & Gas E&P ETF ) has produced a total return of negative 17%. That decline came even though the U.S. oil benchmark price has rebounded ...

Investors take both Parsley Energy ( PE -10.5% ) and Jagged Peak Energy ( JAG -1.5% ) to the woodshed following this morning's merger news in an all-stock deal valued at $1.62B before debt. More news on: Parsley Energy, Inc., Jagged Peak Energy Inc., Energy stocks news, Merger & ...

Shares of Parsley Energy (NYSE: PE) sold off more than 11% by 10:30 a.m. EDT on Monday. Weighing on the energy company 's stock price was the announcement that it would acquire fellow Permian Basin -focused producer Jagged Peak Energy (NYSE: JAG) . Parsley Energy has agreed to buy Jag...

Parsley Energy (NYSE: PE ) agrees to acquire Jagged Peak Energy (NYSE: JAG ) in an all-stock deal valued at ~$2.27B, including $625M of net debt. More news on: Parsley Energy, Inc., Jagged Peak Energy Inc., Energy stocks news, Merger & acquisition news, Stocks on the move, Read m...

AUSTIN, Texas and DENVER , Oct. 14, 2019 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," or "Parsley Energy") and Jagged Peak Energy Inc. (NYSE: JAG) ("Jagged Peak") today announced they have entered into a definitive merger agreement under which Parsley will acquire Jagged ...

Jagged Peak Energy ( JAG ) has struggled with weak levels of cash flows, but the Permian Basin-focused oil producer is showing the first signs of recovery and will likely turn around soon. The Denver-based shale oil producer will achieve capital efficiency and cost savings as it ramps up dev...

NEW YORK , Sept. 23, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Monday, September 30 : Fresh Del Monte Produce Inc. (NYSE: FDP) will replace Cray Inc. (NASD: CRAY). S&P 500 co...