Last $12.47 USD
Change Today +0.09 / 0.73%
Volume 1.1M
SYRG On Other Exchanges
Symbol
Exchange
NYSE Amex
Frankfurt
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

synergy resources corp (SYRG) Snapshot

Open
$12.57
Previous Close
$12.38
Day High
$12.59
Day Low
$12.27
52 Week High
06/25/14 - $14.11
52 Week Low
08/13/13 - $7.12
Market Cap
967.9M
Average Volume 10 Days
2.0M
EPS TTM
$0.28
Shares Outstanding
77.6M
EX-Date
--
P/E TM
44.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for SYNERGY RESOURCES CORP (SYRG)

Related News

No related news articles were found.

synergy resources corp (SYRG) Related Businessweek News

No Related Businessweek News Found

synergy resources corp (SYRG) Details

Synergy Resources Corporation acquires, explores, develops, produces, and exploits crude oil and natural gas properties primarily located in the Wattenberg field in Denver-Julesburg Basin in northeast Colorado. The company holds interests in the Greater Wattenberg Area that covers a total acreage of 24,000 net acres in Colorado. It also holds interests in the Northern Extension Area that covers an area of approximately 20,000 net acres. The company was founded in 2007 and is based in Platteville, Colorado.

26 Employees
Last Reported Date: 07/10/14
Founded in 2007

synergy resources corp (SYRG) Top Compensated Officers

Co-Chief Executive Officer, President and Dir...
Total Annual Compensation: $530.0K
Co-Chief Executive Officer, Treasurer and Dir...
Total Annual Compensation: $530.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $180.0K
Compensation as of Fiscal Year 2013.

synergy resources corp (SYRG) Key Developments

Synergy Resources Corporation Enters into Turn-Key Drilling Contract with Ensign Drilling Company of North America

On July 7, 2014, Synergy Resources Corporation entered into a turn-key drilling contract with Ensign Drilling Company of North America for a third automated drilling rig which will be used to drill a minimum of eight horizontal wells on the company's Wiedeman lease. The company has the option to retain the rig on a pad by pad basis going forward. The company estimates the cost to drill and complete these eight wells will range from $7,200,000 to $10,000,000. The company has also extended its turn-key drilling contract with Ensign for Rig #134 through December 31st, 2014. Ensign Rig #131 remains under its original contract terms with the company through the end of 2014.

Synergy Resources Corporation Reports Unaudited Earnings and Production Results for the Third Quarter and Earnings Results for the Nine Months Ended May 31, 2014; Provides Capex Guidance for the Fiscal Year 2015

Synergy Resources Corporation reported unaudited earnings and production results for the third quarter and earnings results for the nine months ended May 31, 2014. For the quarter, the company reported oil and gas revenues of $25,672,000 compared to $12,314,000 a year ago. Operating income was $11,259,000 compared to $4,865,000 a year ago. Net income was $7,160,000 or $0.09 diluted per share compared to $3,615,000 or $0.06 diluted per share a year ago. Adjusted EBITDA was $18,931,000 compared to $9,334,000 a year ago. The year-over-year improvement was attributed to an 83% increase in production, primarily from the new horizontal wells brought on line and a 14% increase in the realized average selling price per BOE. For the nine months period, the company reported oil and gas revenues of $67,966,000 compared to $31,549,000 a year ago. Operating income was $27,955,000 compared to $12,893,000 a year ago. Net income was $18,421,000 or $0.24 diluted per share compared to $8,585,000 or $0.15 diluted per share a year ago. Net cash provided by operating activities was $46,745,000 compared to $28,243,000 a year ago. Acquisition of property and equipment was $112,155,000 compared to $70,269,000 a year ago. Adjusted EBITDA was $49,215,000 compared to $23,221,000 a year ago. For the quarter, the company reported oil (Bbls) production of 232,571 compared to 115,225 a year ago. Gas (McF) was 879,062 compared to 553,909 a year ago. BOE (Bbls) was 379,081 compared to 207,543 a year ago. Initial CapEx budget for fiscal 2015 is $200 million to $225 million. About 95% of fiscal 2015 expenditures will go towards drilling and leasing in the Greater Wattenberg Area.

Synergy Resources Corporation(AMEX:SYRG) added to S&P 1000 Index

Synergy Resources Corporation(AMEX:SYRG) added to S&P 1000 Index

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SYRG:US $12.47 USD +0.09

SYRG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for SYRG.
View Industry Companies
 

Industry Analysis

SYRG

Industry Average

Valuation SYRG Industry Range
Price/Earnings 48.4x
Price/Sales 11.6x
Price/Book 3.6x
Price/Cash Flow 21.7x
TEV/Sales 10.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SYNERGY RESOURCES CORP, please visit www.syrginfo.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.