The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., May. 23, 9:22 AM

Slide #24. Jones Energy, Inc. Secondary Offering

Company: Jones Energy, Inc. (NYSE:JONE)
Date announced: 5/14/2015
Shares Offered: 5,000,000
Date of Pricing: 5/14/2015
Price Per Share: $10
Secondary Offering Details: Jones Energy, Inc. (NYSE:JONE) ("Jones Energy" or "the Company") announced today the pricing of an underwritten secondary offering of 5,000,000 shares of its Class A common stock owned by affiliates of Metalmark Capital, LLC, the selling stockholders named in the prospectus (the "Selling Stockholders"), at a price to the public of $10.00 per share. The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of Class A common stock. The Selling Stockholders will receive all of the net proceeds from the offering. The offering is expected to settle and close on May 19, 2015, subject to customary closing conditions.

Jones Energy is a holding company. Through its subsidiary, Co. is engaged in the exploration, development, production and acquisition of oil and natural gas properties in the Anadarko and Arkoma basins of Texas and Oklahoma. Co.'s operations are focused on horizontal drilling and completions within two distinct basins in the Texas Panhandle and Oklahoma: the Anadarko Basin, which is targeting the liquids-rich Cleveland, Granite Wash, Tonkawa and Marmaton formations; and the Arkoma Basin, which is targeting the Woodford shale formation. As of Dec 31 2013, Co. had ten rigs running in its two core areas, eight in the Cleveland and two in the Woodford.
Open the JONE Page at The Online Investor »

Company Name:  Jones Energy Inc
Sector:  Oil & Gas Exploration & Production
Number of ETFs Holding JONE:  12
Total Market Value Held by ETFs:  $4.22M
Total Market Capitalization:  $252.00M
% of Market Cap. Held by ETFs:  1.68%

Open the JONE Page at The Online Investor (in a new window) »

May 23, 2015    9:22 AM Eastern
Quotes delayed 20 minutes

Buy (2.80 out of 4)
34th percentile
(ranked lower than approx. 66% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2015, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.