Journey Energy (JRNGF) Projected to Post Earnings on Wednesday

Journey Energy (OTCMKTS:JRNGF – Get Free Report) is anticipated to announce its results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.1334 per share and revenue of $39.99 million for the quarter.

Journey Energy Stock Down 4.8%

Shares of OTCMKTS:JRNGF opened at $3.99 on Wednesday. The stock’s 50-day moving average is $4.05 and its 200-day moving average is $3.58. Journey Energy has a 52-week low of $2.20 and a 52-week high of $4.99.

Journey Energy Company Profile

(Get Free Report)

Journey Energy Inc is a Calgary-based Canadian oil and natural gas exploration and production company. The company focuses on the development, production and acquisition of conventional petroleum and natural gas assets, with operations concentrated in Alberta.

Journey Energy’s activities include drilling and completing wells, operating oil and gas properties, and managing infrastructure used to gather and process production. Its portfolio has included established conventional assets in central Alberta, with an emphasis on optimizing production from existing properties while pursuing additional development opportunities.

The company has historically grown through a combination of asset acquisitions, drilling programs and operational improvements.

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