SRC Energy Stock Price, News & Analysis (NYSEAMERICAN:SRCI)

$8.35 0.16 (1.95 %)
(As of 11/22/2017 07:59 AM ET)
Previous Close$8.19
Today's Range$8.16 - $8.37
52-Week Range$6.19 - $10.38
Volume2.62 million shs
Average Volume2.99 million shs
Market Capitalization$2.03 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.59

About SRC Energy (NYSEAMERICAN:SRCI)

SRC Energy logoSRC Energy Inc., formerly Synergy 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, 2016, the Company was the operator of 324 gross (288 net) producing wells and participated as non-operators in 307 gross (65 net) producing wells.


Industry, Sector and Symbol:
  • Industry: Oil & Gas Exploration and Production
  • Sub-Industry: Oil & Gas Exploration & Production
  • Sector: N/A
  • Symbol: NYSEAMERICAN:SRCI
  • Previous Symbol: NASDAQ:SRCI
  • CUSIP: 87164P10
  • Web: www.syrginfo.com
Profitability:
  • Trailing EPS: $0.48
  • Net Margins: 42.33%
  • Return on Equity: 19.16%
  • Return on Assets: 13.17%
Misc:
  • Outstanding Shares: 241,340,000
 

Frequently Asked Questions for SRC Energy (NYSEAMERICAN:SRCI)

What is SRC Energy's stock symbol?

SRC Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "SRCI."

How were SRC Energy's earnings last quarter?

SRC Energy Inc (NYSEAMERICAN:SRCI) announced its quarterly earnings data on Thursday, February, 23rd. The oil and natural gas company reported $0.03 EPS for the quarter, meeting the Zacks' consensus estimate of $0.03. The oil and natural gas company had revenue of $38.70 million for the quarter, compared to analyst estimates of $30.88 million. SRC Energy had a return on equity of 19.16% and a net margin of 42.33%. The business's quarterly revenue was up 52.4% compared to the same quarter last year. During the same period last year, the company earned ($0.04) EPS. View SRC Energy's Earnings History.

When will SRC Energy make its next earnings announcement?

SRC Energy is scheduled to release their next quarterly earnings announcement on Thursday, February, 22nd 2018. View Earnings Estimates for SRC Energy.

Where is SRC Energy's stock going? Where will SRC Energy's stock price be in 2017?

20 brokerages have issued twelve-month price targets for SRC Energy's shares. Their predictions range from $5.00 to $29.00. On average, they expect SRC Energy's share price to reach $11.97 in the next twelve months. View Analyst Ratings for SRC Energy.

What are Wall Street analysts saying about SRC Energy stock?

Here are some recent quotes from research analysts about SRC Energy stock:

  • 1. According to Zacks Investment Research, "SRC Energy Inc. is an oil and natural gas exploration and production company. It engages in the acquisition, development, exploitation, exploration and production of oil and natural gas properties, primarily located in the Wattenberg field in the D-J Basin of northeast Colorado. SRC Energy Inc., formerly known as Synergy Resources Corporation, is headquartered in Denver, CO. " (11/10/2017)
  • 2. KLR Group analysts commented, "Our '17 production expectation of ~17.5 Mboepd is at the low end of company guidance (17.5-20 Mboepd). We anticipate Synergy scales Wattenberg development to a three-rig program in late '17 and to a four-rig program in '19." (2/28/2017)
  • 3. 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)

Are investors shorting SRC Energy?

SRC Energy saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 40,637,830 shares, an increase of 1.4% from the October 13th total of 40,064,006 shares. Based on an average daily trading volume, of 2,559,386 shares, the short-interest ratio is currently 15.9 days. Currently, 20.6% of the company's stock are sold short.

Who are some of SRC Energy's key competitors?

Who are SRC Energy's key executives?

SRC Energy's management team includes the folowing people:

  • Lynn A. Peterson, Chairman of the Board, President, Chief Executive Officer (Age 64)
  • James P. Henderson, Chief Financial Officer, Executive Vice President - Finance (Age 51)
  • Nicholas Spence, Chief Operating Officer – Development (Age 58)
  • Cathleen M. Osborn, Vice President, General Counsel (Age 64)
  • Michael Eberhard, Chief Operating Officer - Operations (Age 59)
  • Jack N. Aydin, Independent Director (Age 76)
  • Daniel E. Kelly, Independent Director (Age 58)
  • Paul J. Korus, Independent Director (Age 60)
  • Raymond E. McElhaney, Independent Director (Age 60)

Who owns SRC Energy stock?

SRC Energy's stock is owned by a number of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (5.90%), Dimensional Fund Advisors LP (5.30%), Victory Capital Management Inc. (5.25%), Fine Capital Partners L.P. (4.42%), Ameriprise Financial Inc. (2.12%) and Macquarie Group Ltd. (2.10%). Company insiders that own SRC Energy stock include Cathleen M Osborn, Daniel E Kelly, James P Henderson, Lynn A Peterson, Michael Eberhard, Nicholas Spence, Paul Korus and Robert W Noffsinger III. View Institutional Ownership Trends for SRC Energy.

Who sold SRC Energy stock? Who is selling SRC Energy stock?

SRC Energy's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Fine Capital Partners L.P., NWQ Investment Management Company LLC, Keeley Teton Advisors LLC, Russell Investments Group Ltd., Citadel Advisors LLC, Northpointe Capital LLC and Outfitter Advisors LTD.. View Insider Buying and Selling for SRC Energy.

Who bought SRC Energy stock? Who is buying SRC Energy stock?

SRC Energy's stock was purchased by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Dimensional Fund Advisors LP, Macquarie Group Ltd., Dean Investment Associates LLC, KBC Group NV, Icon Advisers Inc. Co., Prudential Financial Inc. and Cipher Capital LP. Company insiders that have bought SRC Energy stock in the last two years include Cathleen M Osborn, Daniel E Kelly, James P Henderson, Lynn A Peterson, Michael Eberhard, Nicholas Spence and Paul Korus. View Insider Buying and Selling for SRC Energy.

How do I buy SRC Energy stock?

Shares of SRC Energy can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SRC Energy's stock price today?

One share of SRC Energy stock can currently be purchased for approximately $8.35.

How big of a company is SRC Energy?

SRC Energy has a market capitalization of $2.03 billion.

How can I contact SRC Energy?

SRC Energy's mailing address is 1675 Broadway Ste 2600, DENVER, CO 80202-4626, United States. The oil and natural gas company can be reached via phone at +1-720-6164300.


MarketBeat Community Rating for SRC Energy (NYSEAMERICAN SRCI)

Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  515 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  733
MarketBeat's community ratings are surveys of what our community members think about SRC Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for SRC Energy (NYSEAMERICAN:SRCI)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 5 Hold Ratings, 15 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $11.97

Consensus Price Target History for SRC Energy (NYSEAMERICAN:SRCI)

Price Target History for SRC Energy (NYSEAMERICAN:SRCI)

Analysts' Ratings History for SRC Energy (NYSEAMERICAN:SRCI)

Show:
DateFirmActionRatingPrice TargetDetails
11/14/2017BMO Capital MarketsSet Price TargetHold$10.00View Rating Details
11/13/2017Imperial CapitalReiterated RatingOutperform$11.00 -> $13.00View Rating Details
11/10/2017Robert W. BairdLower Price TargetOutperform$13.00 -> $12.00View Rating Details
11/7/2017Royal Bank Of CanadaReiterated RatingBuy$13.00View Rating Details
10/27/2017SunTrust Banks, Inc.Reiterated RatingBuy$12.00View Rating Details
10/17/2017ScotiabankSet Price TargetBuy$14.00View Rating Details
10/13/2017Stifel NicolausBoost Price TargetBuy$10.00 -> $12.00View Rating Details
10/9/2017Jefferies Group LLCInitiated CoverageBuy$12.00View Rating Details
10/2/2017Roth CapitalReiterated RatingBuy$11.00View Rating Details
9/30/2017StephensReiterated RatingOverweight$11.00 -> $12.00View Rating Details
9/19/2017KeyCorpReiterated RatingBuy$10.00View Rating Details
8/15/2017Citigroup Inc.Boost Price TargetNeutral$8.00 -> $8.50View Rating Details
6/21/2017Seaport Global SecuritiesDowngradeBuy -> Neutral$10.00 -> $5.00View Rating Details
6/2/2017Credit Suisse GroupReiterated RatingOutperform$10.00View Rating Details
5/3/2017Wells Fargo & CompanyDowngradeOutperform -> Market PerformView Rating Details
4/25/2017Capital One Financial CorporationReiterated RatingOverweightView Rating Details
4/17/2017SimmonsBoost Price TargetBuy$28.00 -> $29.00View Rating Details
4/12/2017Piper Jaffray CompaniesReiterated RatingOverweight$11.00View Rating Details
2/27/2017Canaccord GenuitySet Price TargetHold$9.00View Rating Details
2/28/2017KLR GroupBoost Price TargetBuy$10.00 -> $11.00View Rating Details
7/6/2016Cantor FitzgeraldReiterated RatingBuy$7.50View Rating Details
6/17/2016Raymond James Financial, Inc.Initiated CoverageStrong-BuyView Rating Details
5/16/2016Howard WeilUpgradeSector Perform -> Sector Outperform$11.00 -> $13.00View Rating Details
5/5/2016WunderlichLower Price TargetBuy$12.00 -> $10.00View Rating Details
2/9/2016J P Morgan Chase & CoLower Price Target$10.00 -> $8.00View Rating Details
(Data available from 11/22/2015 forward)

Earnings

Earnings History and Estimates Chart for SRC Energy (NYSEAMERICAN:SRCI)

Earnings by Quarter for SRC Energy (NYSEAMERICAN:SRCI)

Earnings History by Quarter for SRC Energy (NYSEAMERICAN SRCI)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2018        
8/3/2017Q2 2017$0.11$0.14$68.08 million$75.04 millionViewN/AView Earnings Details
5/4/2017Q1 2017$0.04$0.10$43.60 million$45.06 millionViewListenView Earnings Details
2/23/2017Q4 2016$0.03$0.03$30.88 million$38.70 millionViewN/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)

Estimates

Earnings Estimates for SRC Energy (NYSEAMERICAN:SRCI)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for SRC Energy (NYSEAMERICAN:SRCI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for SRC Energy (NYSEAMERICAN SRCI)

Insider Trades by Quarter for SRC Energy (NYSEAMERICAN:SRCI)
Institutional Ownership by Quarter for SRC Energy (NYSEAMERICAN:SRCI)

Insider Trades by Quarter for SRC Energy (NYSEAMERICAN SRCI)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/8/2017Nicholas SpenceCOOBuy8,000$6.45$51,600.00View SEC Filing  
3/29/2017Paul KorusDirectorBuy5,000$8.35$41,750.00View SEC Filing  
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)

Headlines

Latest Headlines for SRC Energy (NYSEAMERICAN SRCI)

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Financials

Chart

SRC Energy (NYSEAMERICAN SRCI) Chart for Wednesday, November, 22, 2017
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This page was last updated on 11/22/2017 by MarketBeat.com Staff

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