Jersey Oil and Gas (LON:JOG) Releases Earnings Results

Jersey Oil and Gas (LON:JOG) issued its earnings results on Tuesday. The company reported GBX (5.24) EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX (217) million during the quarter.

Jersey Oil and Gas Price Performance

Shares of LON JOG traded down GBX 1 during midday trading on Tuesday, hitting GBX 103. The stock had a trading volume of 96,642 shares, compared to its average volume of 154,892. The company has a market capitalization of £33.65 million, a PE ratio of -20.85 and a beta of 0.96. The stock has a 50 day simple moving average of GBX 117.07 and a 200-day simple moving average of GBX 110.95. Jersey Oil and Gas has a 1 year low of GBX 70 and a 1 year high of GBX 167. The company has a quick ratio of 18.80, a current ratio of 79.11 and a debt-to-equity ratio of 0.18.

About Jersey Oil and Gas

Jersey Oil & Gas is a UK E&P company focused on building an upstream oil and gas business in the North Sea. The Company holds a significant acreage position within the Central North Sea referred to as the Greater Buchan Area, which includes operatorship and 100% working interests in blocks that contain the Buchan oil field and J2 and Glenn oil discoveries and an 88% working interest in the P2170 Licence, Blocks 20/5b & 21/1d, that contains the Verbier oil discovery.

JOG’s acreage is estimated by management to contain more than 140 million barrels of oil equivalent (“boe”) of discovered mean recoverable resources net to JOG, in addition to significant exploration upside potential.