Jones Energy, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total operating revenues were $53,887,000 against $54,512,000 a year ago. Operating loss was $1,350,427,000 against $6,327,000 a year ago. Net loss was $1,235,488,000 against net income of $41,633,000 a year ago. Basic and diluted net loss per share attributable to common shareholders was $239.73 per share against basic and diluted net income attributable to common shareholders of $10.17 per share a year ago.

For the full year, the company reported total operating revenues were $236,357,000 against $188,573,000 a year ago. Operating loss was $1,370,385,000 against $216,806,000 a year ago. Net loss was $1,346,694,000 against $178,823,000 a year ago. Basic and diluted net loss attributable to common shareholders was $271.94 per share against $30.22 per share a year ago.

For the fourth quarter the company reported Impairment of oil and gas properties was $1,331,785,000 against $1,632,000 a year ago.

The company announced production results for the fourth quarter and full year 2019. For the fourth quarter the company reported oil production of Total 488 MBbls, Natural gas of 5,507 MMcf, NGLs of 628 MBbls and Total of 2,034.
For the full year 2018, Jones Energy produced 22,753 Boe/d with total liquids volumes of 57%. For the full year 2018, the Company's production grew 7% as compared to average 2017 production, excluding production from the divested Arkoma properties in 2017.

The company provides earnings and production guidance for the first quarter and full year 2019. For the quarter the company announced that the sales are expected to impact first quarter 2019 production by approximately 350 Boe/d. Total Production to be 1.6 – 1.8 MMBoe, Average Daily Production to be 18.3 MBoe/d – 20.3 MBoe/d.