Synergy Resources Corp Company Profile (NASDAQ:SYRG)

About Synergy Resources Corp

Synergy Resources Corp logoSynergy Resources Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in and around the Denver-Julesburg Basin (D-J Basin) of Colorado. The D-J Basin generally extends from the Denver metropolitan area throughout northeast Colorado into Wyoming, Nebraska, and Kansas. The D-J Basin contains hydrocarbon-bearing deposits in various formations, including the Niobrara, Codell, Greenhorn, Shannon, Sussex, J-Sand and D-Sand. The Company's drilling and completion activities are focused in the Wattenberg Field, an area that covers the western flank of the D-J Basin, predominantly in Weld County, Colorado. The Company is focused on the horizontal development of the Codell and Niobrara formations. As of December 31, 2015, the Company was the operator of 418 gross (369 net) producing wells and participate as non-operators in 191 producing wells.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NASDAQ
  • Symbol: SYRG
  • CUSIP: 87164P10
Key Metrics:
  • Previous Close: $8.71
  • 50 Day Moving Average: $8.73
  • 200 Day Moving Average: $7.88
  • 52-Week Range: $5.34 - $10.38
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 29.10
  • P/E Growth: -13.27
  • Market Cap: $1.69B
  • Outstanding Shares: 200,577,000
Additional Links:
Companies Related to Synergy Resources Corp:

Analyst Ratings

Consensus Ratings for Synergy Resources Corp (NASDAQ:SYRG) (?)
Ratings Breakdown: 4 Hold Ratings, 17 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $9.67 (14.53% upside)

Analysts' Ratings History for Synergy Resources Corp (NASDAQ:SYRG)
DateFirmActionRatingPrice TargetDetails
2/7/2017Canaccord GenuitySet Price TargetHold$8.00View Rating Details
2/1/2017Seaport Global SecuritiesUpgradeBuyView Rating Details
1/20/2017KLR GroupUpgradeAccumulate -> Buy$10.00View Rating Details
1/17/2017Robert W. BairdReiterated RatingOutperform$10.00View Rating Details
1/11/2017BMO Capital MarketsReiterated RatingHold$10.00View Rating Details
1/4/2017Citigroup Inc.DowngradeBuy -> NeutralView Rating Details
1/3/2017RBC Capital MarketsReiterated RatingBuy$12.00View Rating Details
11/22/2016KeyCorpBoost Price TargetOverweight$10.00 -> $12.00View Rating Details
10/25/2016Wells Fargo & CompanyInitiated CoverageOutperformView Rating Details
9/27/2016Royal Bank Of CanadaInitiated CoverageOutperform$9.00View Rating Details
9/21/2016Credit Suisse GroupInitiated CoverageOutperform$9.00View Rating Details
9/8/2016SimmonsLower Price TargetOverweight$11.00 -> $10.00View Rating Details
9/6/2016Roth CapitalSet Price TargetBuy$9.00View Rating Details
8/2/2016Imperial CapitalDowngradeOutperform -> In-Line$7.50 -> $6.50View Rating Details
7/6/2016Cantor FitzgeraldReiterated RatingBuy$7.50View Rating Details
6/23/2016Piper Jaffray CompaniesInitiated CoverageOverweightView Rating Details
6/17/2016Raymond James Financial, Inc.Initiated CoverageStrong-BuyView Rating Details
6/1/2016StephensUpgradeEqual Weight -> OverweightView Rating Details
5/16/2016Howard WeilUpgradeSector Perform -> Sector Outperform$11.00 -> $13.00View Rating Details
5/16/2016ScotiabankUpgradeSector Perform -> Outperform$11.00 -> $13.00View Rating Details
5/5/2016WunderlichLower Price TargetBuy$12.00 -> $10.00View Rating Details
3/8/2016Stifel NicolausLower Price TargetBuy$10.00 -> $8.00View Rating Details
2/9/2016J P Morgan Chase & CoLower Price Target$10.00 -> $8.00View Rating Details
10/19/2015SunTrust Banks, Inc.Reiterated RatingBuy$13.00 -> $14.00View Rating Details
10/19/2015Northland SecuritiesReiterated RatingOutperform$15.00 -> $14.00View Rating Details
9/8/2015Cowen and CompanyDowngradeOutperform -> Market Perform$14.00 -> $9.00View Rating Details
7/10/2015Clarkson CapitalUpgradeHold -> BuyView Rating Details
6/16/2015FBR & CoReiterated RatingOutperform$15.00View Rating Details
(Data available from 2/23/2015 forward)


Earnings History for Synergy Resources Corp (NASDAQ:SYRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017Q4 2016$0.02N/AView Earnings Details
11/3/2016Q316($0.01)$0.03$26.70 million$26.20 millionViewN/AView Earnings Details
8/4/2016Q216($0.02)($0.06)$24.90 million$23.90 millionViewN/AView Earnings Details
1/8/2016Q116($0.04)$31.26 million$26.10 millionViewN/AView Earnings Details
10/15/2015Q415$0.01($0.05)$36.04 million$32.60 millionViewListenView Earnings Details
7/9/2015Q315$0.01($0.02)$26.00 millionViewN/AView Earnings Details
4/9/2015Q215$0.04$0.05$25.54 million$23.70 millionViewN/AView Earnings Details
1/9/2015Q215$0.12$0.26$41.62 million$42.50 millionViewN/AView Earnings Details
10/28/2014Q115$0.13$0.13$37.01 million$36.30 millionViewN/AView Earnings Details
7/9/2014Q3 14$0.10$0.09$27.99 million$25.70 millionViewN/AView Earnings Details
4/4/2014$0.09$0.09ViewN/AView Earnings Details
1/7/2014Q1$0.08$0.08$20.91 million$19.30 millionViewListenView Earnings Details
11/5/2013$0.05$0.04ViewN/AView Earnings Details
1/9/2013Q1 2013$0.05$0.04$8.45 million$8.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Synergy Resources Corp (NASDAQ:SYRG)
Current Year EPS Consensus Estimate: $-0.02 EPS
Next Year EPS Consensus Estimate: $0.29 EPS


Dividend History for Synergy Resources Corp (NASDAQ:SYRG)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Synergy Resources Corp (NASDAQ:SYRG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/26/2017Nicholas SpenceCOOBuy600$8.89$5,334.00View SEC Filing  
10/6/2016Lynn A PetersonCEOBuy49,071$6.00$294,426.00View SEC Filing  
10/5/2016Daniel E KellyDirectorBuy15,000$6.49$97,350.00View SEC Filing  
9/20/2016Cathleen M OsbornVPBuy2,000$6.01$12,020.00View SEC Filing  
9/20/2016James P HendersonCFOBuy50,000$5.95$297,500.00View SEC Filing  
9/20/2016Michael EberhardCOOBuy15,000$6.11$91,650.00View SEC Filing  
5/19/2016Robert W Noffsinger IIIDirectorSell50,000$5.82$291,000.00View SEC Filing  
4/12/2016Robert W Noffsinger IIIDirectorSell60,000$8.07$484,200.00View SEC Filing  
3/29/2016Robert W Noffsinger IIIDirectorSell16,650$7.72$128,538.00View SEC Filing  
8/14/2015Valerie Sue DunnInsiderSell5,000$10.21$51,050.00View SEC Filing  
6/2/2015Robert W Noffsinger IIIDirectorSell100,000$11.49$1,149,000.00View SEC Filing  
1/14/2015Edward A HollowayCEOSell75,000$13.09$981,750.00View SEC Filing  
1/2/2015Frank L JenningsCFOSell10,000$12.33$123,300.00View SEC Filing  
1/2/2015William E Scaff JrCEOSell50,000$12.32$616,000.00View SEC Filing  
12/19/2014Edward A HollowayCEOSell50,000$13.03$651,500.00View SEC Filing  
12/2/2014Frank L JenningsCFOSell10,000$10.00$100,000.00View SEC Filing  
12/2/2014William E Scaff JrCEOSell50,000$10.05$502,500.00View SEC Filing  
11/20/2014Edward A HollowayCEOSell100,000$13.08$1,308,000.00View SEC Filing  
11/3/2014Frank L JenningsCFOSell10,000$12.10$121,000.00View SEC Filing  
11/3/2014William E Scaff JrCEOSell50,000$12.09$604,500.00View SEC Filing  
10/1/2014Frank L JenningsCFOSell10,000$11.94$119,400.00View SEC Filing  
10/1/2014William E Scaff JrInsiderSell100,000$11.75$1,175,000.00View SEC Filing  
9/15/2014George L SewardDirectorBuy41,189$12.60$518,981.40View SEC Filing  
9/4/2014George L SewardDirectorBuy10,000$13.08$130,800.00View SEC Filing  
9/2/2014Edward A HollowayCEOSell50,000$13.48$674,000.00View SEC Filing  
9/2/2014Frank L JenningsCFOSell10,000$13.48$134,800.00View SEC Filing  
7/16/2014George L SewardDirectorBuy20,000$12.05$241,000.00View SEC Filing  
5/2/2014Bill ConradDirectorSell20,000$11.46$229,200.00View SEC Filing  
4/14/2014Craig Duane RasmusonCOOSell10,000$10.48$104,800.00View SEC Filing  
1/14/2014George SewardDirectorBuy34,415$8.71$299,754.65View SEC Filing  
8/22/2013Raymond McelhaneyDirectorBuy5,000$6.67$33,350.00View SEC Filing  
6/19/2013Raymond E McelhaneyDirectorBuy25,000$6.25$156,250.00View SEC Filing  
6/6/2013George L SewardDirectorBuy22,202$4.08$90,584.16View SEC Filing  
1/24/2013George L SewardDirectorBuy50,000$5.86$293,000.00View SEC Filing  
1/16/2013Rick WilberDirectorBuy50,000$5.86$293,000.00View SEC Filing  
12/20/2012George L SewardDirectorBuy5,000$5.14$25,700.00View SEC Filing  
12/17/2012George L SewardDirectorBuy20,000$4.75$95,000.00View SEC Filing  
12/13/2012George L SewardDirectorBuy170,000$4.44$754,800.00View SEC Filing  
12/11/2012George L SewardDirectorBuy32,329$4.34$140,307.86View SEC Filing  
9/24/2012George L SewardDirectorBuy31,454$3.33$104,741.82View SEC Filing  
8/8/2012Rick WilberDirectorBuy20,000$2.89$57,800.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Synergy Resources Corp (NASDAQ:SYRG)
News IconTechnical Study: Following Indicators for Synergy Resources Corp (SYRG) - Rives Journal (NASDAQ:SYRG) - February 23 at 1:33 AM
News IconForward Earnings Estimate of Synergy Resources Corporation(SYRG) - Highland Mirror (NASDAQ:SYRG) - February 23 at 1:33 AM
News IconThe Bears And Bulls Square Off On Synergy Resources Corporation (SYRG) - NY Stock News (NASDAQ:SYRG) - February 21 at 4:50 PM
News IconSynergy Resources Corporation (SYRG): From Top to Bottom - StockNewsJournal (NASDAQ:SYRG) - February 21 at 4:50 PM logoSynergy Resources : How These Oil and Gas Stocks are Faring? -- Weatherford, Halliburton, Schlumberger, and Synergy Resources (NASDAQ:SYRG) - February 17 at 7:17 PM logoSYNERGY RESOURCES CORP : Results of Operations and Financial Condition (form 8-K) (NASDAQ:SYRG) - February 16 at 7:53 PM logoSYNERGY RESOURCES CORP : Results of Operations and Financial Condition (form 8-K) (NASDAQ:SYRG) - February 16 at 7:53 PM
News IconAverage Directional Index Review for Synergy Resources Corporation (SYRG) - BVN (NASDAQ:SYRG) - February 15 at 6:19 AM
News IconInvestor Technical Review for Synergy Resources Corporation (SYRG) - Baldwin Journal (NASDAQ:SYRG) - February 14 at 1:43 AM logoUpstream Stocks: How Short Interest Impacts Your Returns (NASDAQ:SYRG) - February 13 at 3:30 PM
News IconMomentum Targets on Watch For Synergy Resources Corporation (:SYRG) Navistar International Corporation (NYSE ... - Rives Journal (NASDAQ:SYRG) - February 12 at 8:01 PM
News IconUpcoming Earnings Results: Synergy Resources Corporation (NYSEMKT:SYRG) (NASDAQ:SYRG) - February 11 at 4:34 AM
News IconForward Earnings Estimate of Synergy Resources Corporation(SYRG) (NASDAQ:SYRG) - February 11 at 4:34 AM
News IconStock for Your Case: Synergy Resources Corporation (NYSEMKT:SYRG) (NASDAQ:SYRG) - February 11 at 4:34 AM
News IconSynergy Resources Corporation (NYSEMKT:SYRG) has Current Market Capitalizaion of $1.75 Billion (NASDAQ:SYRG) - February 10 at 5:44 AM logoSynergy Resources Issues Preliminary Fourth Quarter and Year-End Financial Results (NASDAQ:SYRG) - February 8 at 6:42 AM logo8:13 am Synergy Resources reports Q4 production +23% y/y to 13.27k BOE/day; announces capex, liquidity, & year-end proved reserves; provides operations update (NASDAQ:SYRG) - February 8 at 6:42 AM logoMomentum Stocks: FNB Corporation (FNB), Synergy Resources Corporation (SYRG), Cara Therapeutics, Inc. (CARA) - iStreetWire (NASDAQ:SYRG) - February 7 at 1:15 AM
News IconWill Synergy Resources Corporation (NYSEMKT:SYRG) be Surging after Earnings Report? (NASDAQ:SYRG) - February 4 at 8:12 PM
News IconEarnings Analysis of: Synergy Resources Corporation (NYSEMKT:SYRG) (NASDAQ:SYRG) - February 2 at 5:36 AM
News IconTraders Alert: BankUnited, Inc. (NYSE:BKU), Synergy Resources ... - The Newburgh Press (NASDAQ:SYRG) - January 31 at 3:47 AM
News IconAre Insiders Bumping Up Their Positions in Synergy Resources Corporation (:SYRG) - Wall Street Beacon (NASDAQ:SYRG) - January 30 at 11:46 AM logoSYRG Crosses Critical Technical Indicator (NASDAQ:SYRG) - January 30 at 11:46 AM logoAre These Bearish Upstream Stocks in Your Portfolio? (NASDAQ:SYRG) - January 30 at 11:46 AM
News IconChief Operating Officer-Dev of Synergy Resources Corporation C (NYSEMKT:SYRG), Spence Nicholas, buys 600 shares worth $5,332 (NASDAQ:SYRG) - January 27 at 5:59 AM
News IconStock Backsliding Ahead of the Bell: Synergy Resources Corporation (:SYRG) - Aiken Advocate (NASDAQ:SYRG) - January 24 at 4:04 AM
News IconAnalyst Issues Short Term Price Target on Synergy Resources Corporation (NYSEMKT:SYRG) - Highland Mirror (NASDAQ:SYRG) - January 23 at 8:12 AM
News IconInvestor's Ready to act on these stocks: Synergy Resources Corporation (NYSEMKT:SYRG), Immune Pharmaceuticals ... - The Newburgh Press (NASDAQ:SYRG) - January 23 at 8:12 AM
News IconSynergy Resources Corporation (NYSEMKT:SYRG):Brokerage Firm Rating Analysis (NASDAQ:SYRG) - January 22 at 12:53 AM
News IconTracking Corporate Insiders: What Are They Doing With Synergy Resources Corporation (:SYRG) - Wall Street Beacon (NASDAQ:SYRG) - January 17 at 10:59 PM logoBaird Remains Bullish on Synergy Resources (SYRG) Following Update - (NASDAQ:SYRG) - January 17 at 10:59 PM
News IconColorado energy company sells $71M worth of assets (NASDAQ:SYRG) - January 13 at 4:42 AM logoSynergy Resources (SYRG) Sells Non-Core Acreage; Offers Operations Update (NASDAQ:SYRG) - January 13 at 4:42 AM
News IconSynergy Resources Divests 10,000 DJ Acres for $71 Million (NASDAQ:SYRG) - January 13 at 4:42 AM
News IconSynergy Resources Corporation (NYSEMKT:SYRG) Institutional Ownership stands at 84.5 - The Newburgh Press (NASDAQ:SYRG) - January 12 at 11:40 PM logoSynergy Resources (SYRG) Sells Non-Core Acreage; Offers Operations Update - (NASDAQ:SYRG) - January 12 at 11:40 PM logoSynergy Resources Bolsters Liquidity through Acreage Transaction; Issues Operations Update; Announces 2016 Fourth Quarter Earnings Release and Conference Call Date; Highlights Upcoming Investor Conferences (NASDAQ:SYRG) - January 12 at 11:40 PM logo8:09 am Synergy Resources sells certain non-core acreage for $71 mln and issues an operations update (NASDAQ:SYRG) - January 12 at 11:40 PM
News IconValue Score in View for Synergy Resources Corporation (AMEX:SYRG) - Wall Street Beacon (NASDAQ:SYRG) - January 9 at 1:08 AM
News IconStock's Buzzers: Invesco Ltd. (NYSE:IVZ), Synergy Resources Corporation (NYSEMKT:SYRG) - The Newburgh Press (NASDAQ:SYRG) - January 6 at 5:54 AM
News IconBlackRock Inc. Has $4405000 Stake in Antero Resources Corporation (AR) (NASDAQ:SYRG) - January 5 at 6:57 AM logoAnalyst Downgrades – Synergy Resources Corp (NASDAQ:SYRG) Stock Gets Downgraded By Citigroup Inc. from Neutral to (NASDAQ:SYRG) - January 5 at 6:57 AM logoAnalyst Activity – RBC Capital Markets Reiterates Buy on Synergy Resources Corp (NASDAQ:SYRG) (NASDAQ:SYRG) - January 4 at 5:37 AM
News IconAnalytical Approach on: Synergy Resources Corp (NYSEMKT:SYRG) - Post Registrar (NASDAQ:SYRG) - January 2 at 7:51 PM
News IconSynergy Resources Corp (SYRG) Position Reduced by Boston Partners (NASDAQ:SYRG) - December 30 at 10:26 PM
News IconStock Review for Synergy Resources Corporation (AMEX:SYRG) - Wall Street Beacon (NASDAQ:SYRG) - December 30 at 10:26 PM
News IconFollowing the Numbers for Synergy Resources Corporation (AMEX:SYRG) - Wall Street Beacon (NASDAQ:SYRG) - December 29 at 12:58 AM
News IconCompany Stock Focus on Synergy Resources Corporation (AMEX:SYRG) - Business Daily Leader (NASDAQ:SYRG) - December 20 at 8:00 PM
News IconQuick Review on Trend Indicator Levels: Synergy Resources Corporation (SYRG) - Yankee Analysts (NASDAQ:SYRG) - December 20 at 8:00 PM logoNew Strong Buy Stocks for December 20th (NASDAQ:SYRG) - December 20 at 2:58 PM


What is Synergy Resources Corp's stock symbol?

Synergy Resources Corp trades on the NASDAQ under the ticker symbol "SYRG."

Where is Synergy Resources Corp's stock going? Where will Synergy Resources Corp's stock price be in 2017?

22 equities research analysts have issued twelve-month price targets for Synergy Resources Corp's shares. Their forecasts range from $6.50 to $13.00. On average, they expect Synergy Resources Corp's share price to reach $9.67 in the next year.

When will Synergy Resources Corp announce their earnings?

Synergy Resources Corp is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

What are analysts saying about Synergy Resources Corp stock?

Here are some recent quotes from research analysts about Synergy Resources Corp stock:

  • Robert W. Baird analysts commented, "SYRG's January 12 update brings incremental line-of-sight to the successful upstart on the Fagerberg and Evans pads as well as the company's ability to self-fund 2017+ development, key underpinnings of our bullish thesis on shares. We continue to view risk-reward on the stock as favorable and maintain positive bias to our valuation ahead of an expected upturn in volumes in 2017." (1/17/2017)
  • According to Zacks Investment Research, "Synergy Resources Corporation operates as an oil and natural gas company engaged in the exploration and production of oil and natural gas in the Denver-Julesburg Basin. Synergy Resources Corporation has its corporate offices located in Platteville, Colorado. " (1/14/2017)

  • Roth Capital analysts commented, "future appears cloudy," as the company didn't raise its 2016 capital budget despite the large acquisition, and it may need to drawdown a portion of its revolver to fund 2016 capital expenditures, which could "limit its ability to grow in 2017."We are concerned by the significant dilution SYRG has experienced during 2016. Additionally, we believe there is some concern that SYRG will not have the necessary capital to grow production at an increased rate post closing of this acquisition," Reagor explained.Commenting on the first quarter results, Reagor said the company's revenue of $18.3 million and a loss of $0.42 were below his estimates of $21.8 million and loss of $0.08. The revenue miss was driven by lower oil to gas production ratio and weak price realizations. "We note that the gas to oil ratio appears to be trending in the wrong direction for SYRG, which could impact future well economics, in our view," (5/5/2016)

Who owns Synergy Resources Corp stock?

Synergy Resources Corp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include SailingStone Capital Partners LLC (8.18%), Zimmer Partners LP (5.52%), State Street Corp (4.13%), Dimensional Fund Advisors LP (3.43%), NWQ Investment Management Company LLC (2.61%) and Franklin Resources Inc. (2.02%). Company insiders that own Synergy Resources Corp stock include Cathleen M Osborn, Daniel E Kelly, James P Henderson, Lynn A Peterson, Michael Eberhard, Nicholas Spence, Robert W Noffsinger III and Valerie Sue Dunn.

Who sold Synergy Resources Corp stock? Who is selling Synergy Resources Corp stock?

Synergy Resources Corp's stock was sold by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Zimmer Partners LP, State Street Corp, Westwood Holdings Group Inc., Guggenheim Capital LLC, Royce & Associates LP, Cortina Asset Management LLC and Commonwealth of Pennsylvania Public School Empls Retrmt SYS.

Who bought Synergy Resources Corp stock? Who is buying Synergy Resources Corp stock?

Synergy Resources Corp's stock was purchased by a variety of institutional investors in the last quarter, including SailingStone Capital Partners LLC, NWQ Investment Management Company LLC, Franklin Resources Inc., Loomis Sayles & Co. L P, Russell Investments Group Ltd., Dimensional Fund Advisors LP, Value Holdings Management CO. LLC and Luminus Management LLC. Company insiders that have bought Synergy Resources Corp stock in the last two years include Cathleen M Osborn, Daniel E Kelly, James P Henderson, Lynn A Peterson, Michael Eberhard and Nicholas Spence.

How do I buy Synergy Resources Corp stock?

Shares of Synergy Resources Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Synergy Resources Corp stock cost?

One share of Synergy Resources Corp stock can currently be purchased for approximately $8.44.

Synergy Resources Corp (NASDAQ:SYRG) Chart for Thursday, February, 23, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Synergy Resources Corp (NASDAQ:SYRG)

Earnings History Chart

Earnings by Quarter for Synergy Resources Corp (NASDAQ:SYRG)

Dividend History Chart

Dividend Payments by Quarter for Synergy Resources Corp (NASDAQ:SYRG)

Last Updated on 2/23/2017 by Staff