Jagged Peak Energy’s Stock Performance in 2017



JAG’s stock performance

Now, let’s look at Jagged Peak Energy’s (JAG) stock performance in comparison to the benchmark energy sector, the broader market, as well as crude and natural gas prices.

JAG stock was off to a volatile start in 1H 2017, after the initiation of its IPO in mid-January (see the previous part of this series), as you can see in the image above. However, since late September, when crude oil prices started showing a consistent uptrend, JAG’s stock started rising as well, giving a return of 6% by the end of December 2017, compared to beginning-of-the-year levels.

The stock outperformed the Energy Select Sector SPDR ETF (XLE), which gave a return of 1% in the period, as well as natural gas prices (UNG), which gave negative returns of 15% in the period.

Meanwhile, crude prices (DBO) rose 20%—as did the S&P 500 SPDR ETF (SPY)(SPX-INDEX).

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