Jones Energy, Inc. Declares Prorated Convertible Preferred Stock Dividend and Schedules 2016 Third Quarter Earnings Conferenc...
October 18 2016 - 4:15PM
Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”)
today announced that its Board of Directors has declared a prorated
quarterly cash dividend per share equal to 8.0% based on the
liquidation preference of $50.00 per share on an annualized basis,
or approximately $0.8777778 per share, on the Company’s 8.0% Series
A Perpetual Convertible Preferred Stock. This dividend is
prorated for the period beginning on the issue date of August 26,
2016 through November 14, 2016 and will be payable in cash on
November 15, 2016 to shareholders of record as of November 1, 2016.
The Company also announced today that it plans to
release its third quarter 2016 financial and operating results on
Wednesday, November 2, 2016 after the market closes. In
connection with the earnings release, Jones Energy will host a
conference call for investors and analysts to discuss its results
on Thursday, November 3, 2016 at 10:30 a.m. ET (9:30 a.m. CT).
The conference call can be accessed via webcast through the
Investor Relations section of Jones Energy’s website,
www.jonesenergy.com, or by dialing (866) 393-4306 (for domestic
U.S.) or (734) 385-2616 (International) and entering conference
code 99639309.
If you are not able to participate in the
conference call, the webcast replay and a downloadable audio file
will be available shortly following the call through the Investor
Relations section of the Company’s website, www.jonesenergy.com.
About Jones Energy
Jones Energy, Inc. is an independent oil and
natural gas company engaged in the development and acquisition of
oil and natural gas properties in the Anadarko and Arkoma basins of
Texas and Oklahoma. Additional information about Jones Energy
may be found on the Company’s website at: www.jonesenergy.com.
Investor Contact:
Cathleen King, 512-493-4834
Investor Relations
Or
Robert Brooks, 512-328-2953
Executive Vice President & CFO