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Jagged Peak Energy (Jagged Peak Energy) Effective Interest Rate on Debt % : 5.15% (As of Sep. 2019)


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What is Jagged Peak Energy Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Jagged Peak Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was $37.5 Mil. Jagged Peak Energy's average total debt for the quarter that ended in Sep. 2019 was $728.8 Mil. Therefore, Jagged Peak Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 5.15%.


Jagged Peak Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Jagged Peak Energy's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jagged Peak Energy Effective Interest Rate on Debt % Chart

Jagged Peak Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
- 0.99 3.46 1.57 7.08

Jagged Peak Energy Quarterly Data
Dec14 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.16 6.11 5.70 5.28 5.15

Competitive Comparison of Jagged Peak Energy's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Jagged Peak Energy's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jagged Peak Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jagged Peak Energy's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Jagged Peak Energy's Effective Interest Rate on Debt % falls into.



Jagged Peak Energy Effective Interest Rate on Debt % Calculation

Jagged Peak Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  -22.812/( (155+489.239)/ 2 )
=-1  *  -22.812/322.1195
=7.08 %

where

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=489.239 + 0
=489.239

Jagged Peak Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2019 )+Total Debt  (Q: Sep. 2019 ))/ count )
=-1  *  -37.52/( (700.561+757.051)/ 2 )
=-1  *  -37.52/728.806
=5.15 %

where

Total Debt  (Q: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=664.684 + 35.877
=700.561

Total Debt  (Q: Sep. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=720.788 + 36.263
=757.051

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Jagged Peak Energy  (NYSE:JAG) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Jagged Peak Energy Effective Interest Rate on Debt % Related Terms

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Jagged Peak Energy (Jagged Peak Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1401 Lawrence Street, Suite 1800, Denver, CO, USA, 80202
Jagged Peak Energy Inc is a part of the energy sector in the United States. Its primary activity involves the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company's acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves, and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations. Its major revenue component is in the form of income from oil and gas sales mainly in the United States.
Executives
Adrianna Ma director 10375 RICHMOND AVENUE, SUITE 1910, HOUSTON TX 77042
John R Sult director 1001 LOUISIANA STREET, HOUSTON TX 77002
Roger L Jarvis director SPINNAKER EXPLORATION CO, 1200 SMITH ST STE 800, HOUSTON TX 77002
Charles D Davidson director QUANTUM ENERGY PARTNERS, 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Vanloh S Wil Jr director, 10 percent owner 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Qem V Llc director, 10 percent owner, other: See Remarks 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Janeen S Judah director 10713 WEST SAM HOUSTON PARKWAY N, SUITE 800, HOUSTON TX 77064
Christopher I Humber officer: EVP, GC & Secretary 9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Michael C Linn director 650 WASHINGTON ROAD, 8TH FLOOR, PITTSBURGH PA 15228
James J. Kleckner director, officer: CEO, President 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Q-jagged Peak Energy Investment Partners, Llc director, 10 percent owner, other: See Remarks 1401 MCKINNEY STREET, SUITE 2700 HOUSTON TX 77010
Joseph N Jaggers director, officer: Chairman, CEO & President
Stratton J. Jay Jr. officer: EVP, Chief Operating Officer C/O ULTRA PETROLEUM CORP. 116 EAST INVERNESS DRIVE, SUITE 400 ENGLEWOOD CO 80112
Gregory S. Hinds officer: See Remarks 1875 LAWRENCE STREET, SUITE 200, DENVER CO 80202