Jones Energy Inc (JONE): Brooks Buys on Price Discount


Robert J. Brooks, Executive Vice President and CFO at Jones Energy Inc (NYSE:JONE) disclosed today the acquisition of 36,578 shares of class B common stock through two different transactions on October 23, 2014. The first acquisition amounted to a total of 10,000 shares at a unit price of $12.47, while the remaining 26,578 were acquired separately for the price per share. These are Mr. Brooks first purchases this year, the shares will be indirectly owned, and owns no additional stock.

Jonny Jones, Chairman of the Board and CEO at Jones Energy Inc (NYSE:JONE) has also been active this year. Mr. Jones acquired a total of 88,595 this year through three different transactions, and now owns 1,421,928 shares.

Ken Griffin’s Citadel Investment Group is the largest shareholding institution (amongst those we track) after reporting a 73% increment for the second filling period of the current year, and now owns a  total of 361,076 shares, at an estimated value of $7.4 million.

Jones Energy Inc (NYSE:JONE) is an independent oil and gas company engaged in the development, production and acquisition of oil and natural gas properties in the Anadarko and Arkoma basins of Texas and Oklahoma.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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