Jones Energy, Inc. JONE is an independent oil and gas company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.These positive earnings estimate revisions suggest that analysts are becoming more optimistic on JONE’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Jones Energycould be a solid choice for investors.Current Quarter Estimates for JONEIn the past 30 days, 4 estimates has gone higher for Jones Energy while 1 has gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 8 cents a share 30 days ago, to a loss of 1 penny today, a move of 87.5%.Current Year Estimates for JONEMeanwhile, Jones Energy's current year figures are also looking quite promising, with 5 estimates moving higher in the past month, compared to 1 lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 40 cents a share 30 days ago, to a loss of 22 cents today, a move of 45%.Bottom LineThe stock has also started to move higher lately, adding 48.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>aWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JONES ENERGY-A (JONE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research