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

Jersey Oil and Gas (LON:JOG) posted its earnings results on Thursday. The company reported GBX (2.13) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Jersey Oil and Gas Price Performance

JOG opened at GBX 121 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 18.80 and a current ratio of 69.26. The stock has a market capitalization of £39.53 million, a P/E ratio of -1,116.24 and a beta of 0.96. The company’s 50-day simple moving average is GBX 116.21 and its two-hundred day simple moving average is GBX 108.71. Jersey Oil and Gas has a 52-week low of GBX 45.60 and a 52-week high of GBX 165.

About Jersey Oil and Gas

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.