Downgrades Outperform In-line X

JAG Jagged Peak Energy

Imperial Capital

$20 $9

Initiated Overweight X

JAG Jagged Peak Energy

Piper Jaffray

$11

Initiated Buy X

JAG Jagged Peak Energy

Williams Capital Group

$13

Initiated Buy X

JAG Jagged Peak Energy

SunTrust

$15

Reiterated Outperform X

JAG Jagged Peak Energy

Imperial Capital

$14 $16

Initiated Sector Weight X

JAG Jagged Peak Energy

KeyBanc Capital Mkts

Initiated Neutral X

JAG Jagged Peak Energy

Macquarie

Downgrades Outperform In-line X

JAG Jagged Peak Energy

Evercore ISI

Initiated Buy X

JAG Jagged Peak Energy

MKM Partners

$15

Initiated Market Perform X

JAG Jagged Peak Energy

Cowen

Initiated Hold X

JAG Jagged Peak Energy

NatAlliance Securities

Reiterated Buy X

JAG Jagged Peak Energy

Stifel

$18 $19

Downgrades Buy Hold X

JAG Jagged Peak Energy

Tudor Pickering

JAG  Jagged Peak Energy Inc.

Jagged Peak Energy Inc. is an independent oil and natural gas company focused on 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. As of September 30, 2016, it drilled and completed 16 horizontal wells. As of September 30, 2016, it held approximately 90% working interest in approximately 68,121 gross leased or acquired acres. It classifies its acreage position into three project areas: Whiskey River, Cochise and Big Tex. As of September 30, 2016, it drilled and completed eight operated wells in the Whiskey River project area targeting the Lower Wolfcamp A, Upper Wolfcamp A and Wolfcamp B. As of September 30, 2016, it also drilled and completed six operated wells in the Cochise project area.