FWIW, Oil & Gas Investments Bulletin (Keith Schaeffer) just out with a buy recommendation on Jones Energy.
Calls it his preferred "Scoop & Stack" play.
Jones Energy
Re: Jones Energy
I assume then that he also touted it in his newsletter, Oil and Gas Bulletin.
Re: Jones Energy
Touted via email bulletin today.
Re: Jones Energy
My valuation of JONE is $6.15/share, but I am using a rather low multiple to value it. First Call's target price is $5.25.
My forecast / valuation model was updated on 9/23. You can download it from the EPG website.
My forecast / valuation model was updated on 9/23. You can download it from the EPG website.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group