Jones Energy Inc.

Jones Energy Inc. today announced that it will move trading in the Company’s Class A common stock . The Class A shares will shift to the OTCQX® from the New York Stock Exchange effective at the close of trading on November 26, 2018 and will begin trading on the OTCQX® upon the trading open on November 27, 2018. The move will not interrupt the trading of Class A Shares. As noted in the Company’s filings [...]

Jones Energy Inc. is announcing that it will forgo payment of its previously declared contingent dividend on its 8% Series A Perpetual Convertible Preferred Stock . The foregone dividend is for the period beginning on the last payment date of August 15, 2018 through November 14, 2018, payable to holders of Preferred Stock of record as of November 1, 2018. In order for the Company to pay the dividend in full in shares of [...]

Jones Energy Inc. announced today the appointment of two new directors to its Board of Directors and related changes to its standing committees. On November 6, 2018, the Board voted unanimously to expand the size of the Board from seven to eight members and to appoint Ms. Tara W. Lewis and Mr. L. Spencer Wells as new independent directors. Ms. Lewis will serve as a Class II director whose term expires in 2021 and Mr [...]

Jones Energy Inc. today announced financial and operating results for the quarter ended September 30, 2018 and initial fourth quarter 2018 guidance. Jones Energy also plans to host a conference call tomorrow morning to discuss the quarter and provide a Company update. Highlights: Average daily net production for third quarter 2018 of 21.8 MBoe/d, at the high end of guidance. Oil production of 5.6 MBbl/d within the range [...]

Jones Energy Inc. announced today that it plans to release its 2018 third quarter financial and operational results on Wednesday, October 31, 2018 after the market closes. In connection with the earnings release, Jones Energy will host a conference call to discuss the quarter and provide a company update on Thursday, November 1, 2018 at 10:30 a.m. ET . The conference call can be accessed via webcast through the Investor [...]

Jones Energy Inc. today announced that its Board of Directors has declared a contingent quarterly dividend per share equal to 8.0% on an annualized basis based on the liquidation preference of $50.00 per share, or $1.00 per share, on the Company’s 8.0% Series A Perpetual Convertible Preferred Stock . If paid, the dividend will be paid in the Company’s Class A common stock. The price per share of the Class A [...]

Jones Energy Inc. announced today that Mr. John Lovoi and Mr. Paul B. Loyd are stepping down from the Company’s Board of Directors , including from their roles on the Board’s standing committees. The Board and management thank both Mr. Lovoi and Mr. Loyd for their service and contributions and look forward to their continued support as large shareholders. The Board voted unanimously to appoint Mr. Carl [...]

Jones Energy Inc. is pleased to announce that it received notice from the New York Stock Exchange on September 21, 2018 that the Company has regained compliance with the NYSE’s continued listing standards. As previously announced, on March 23, 2018, the Company received a deficiency notification from the NYSE because the Company’s average closing price per share of Class A common stock over the previous 30 [...]

Jones Energy Inc. today announced that its Board of Directors has approved a reverse stock split for the Company’s issued and outstanding Class A and Class B common stock of 1 for 20, effective after market close on Friday September 7, 2018. Jones Energy’s Class A common stock will begin trading on a split-adjusted basis upon market opening the following Monday, September 10, 2018 on the New York Stock [...]

Jones Energy Inc. is announcing that it will forgo payment of its previously declared contingent dividend on its 8% Series A Perpetual Convertible Preferred Stock . Also, per NYSE Rule 303A.08, Jones Energy is announcing the grant of a Restricted Stock Unit award to Carl F. Giesler, Jr., the Company’s new Chief Executive Officer, as an inducement to his employment with the Company. Jones Energy modified the original [...]