Jersey Oil and Gas (LON:JOG) Announces Quarterly Earnings Results

Jersey Oil and Gas (LON:JOG) posted its earnings results on Tuesday. The company reported GBX (2.53) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Jersey Oil and Gas Trading Up 1.4%

Shares of JOG stock opened at GBX 107 on Thursday. Jersey Oil and Gas has a fifty-two week low of GBX 70 and a fifty-two week high of GBX 164. The company has a 50 day moving average price of GBX 110.13 and a 200 day moving average price of GBX 107.30. The stock has a market capitalization of £34.95 million, a P/E ratio of -20.42 and a beta of 0.03. The company has a debt-to-equity ratio of 0.06, a quick ratio of 18.80 and a current ratio of 46.30.

Jersey Oil and Gas Company Profile

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.