AUSTIN, Texas, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”) is pleased to announce that it received notice from the New York Stock Exchange (the “NYSE”) on February 1, 2018 that the Company has regained compliance with the NYSE’s continued listing standards.
As previously announced, on December 26, 2017 the Company received a deficiency notification from the NYSE because the Company’s average closing price per share of Class A common stock over the previous 30 trading days was below $1.00. Jones Energy has cured its deficiency and regained compliance as of market close on January 31, 2018 because the price of the Company’s Class A common stock was above $1.00 per share on the last trading day of January and was on average over $1.00 for the 30 trading days preceding January 31, 2018.
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 basin of Texas and Oklahoma. Additional information about Jones Energy may be found on the Company’s website at: www.jonesenergy.com.
Robert Brooks, 512-328-2953
Executive Vice President & CFO
Page Portas, 512-493-4834
Investor Relations Associate