Weakness Seen in Jones Energy (JONE): Stock Tumbles 10.8% – Tale of the Tape

This slump shouldn’t be too much of a surprise to investors, as this oil exploration & production company has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

Jones Energy has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the same sector include Halcon Resources Corp. (HK), Midstates Petroleum Company, Inc. (MPO) and Torchlight Energy Resources, Inc. (TRCH). All these stocks hold a Zacks Rank #2 (Buy).

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