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Jagged Peak Energy (Jagged Peak Energy) Net Current Asset Value : $-4.44 (As of Sep. 2019)


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What is Jagged Peak Energy Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Jagged Peak Energy's net current asset value per share for the quarter that ended in Sep. 2019 was $-4.44.

The historical rank and industry rank for Jagged Peak Energy's Net Current Asset Value or its related term are showing as below:

JAG's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.87
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Jagged Peak Energy Net Current Asset Value Historical Data

The historical data trend for Jagged Peak Energy's Net Current Asset Value 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.

* Premium members only.

Jagged Peak Energy Net Current Asset Value Chart

Jagged Peak Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Net Current Asset Value
0.12 -0.10 -0.79 -1.61 -2.90

Jagged Peak Energy Quarterly Data
Dec14 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Net Current Asset Value 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 -3.24 -2.90 -3.95 -4.23 -4.44

Competitive Comparison of Jagged Peak Energy's Net Current Asset Value

For the Oil & Gas E&P subindustry, Jagged Peak Energy's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jagged Peak Energy's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Jagged Peak Energy's Price-to-Net-Current-Asset-Value falls into.



Jagged Peak Energy Net Current Asset Value Calculation

Jagged Peak Energy's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2018 is calculated as

Net Current Asset Value Per Share(A: Dec. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(201.134-819.191-0-0)/213.188
=-2.90

Jagged Peak Energy's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2019 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(123.829-1070.875-0-0)/213.404
=-4.44

* 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.


Jagged Peak Energy  (NYSE:JAG) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Jagged Peak Energy Net Current Asset Value Related Terms

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Jagged Peak Energy (Jagged Peak Energy) Business Description

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