stocktrademan
9 years ago
$SYRG DD Notes ~ http://www.ddnotesmaker.com/SYRG
bullish
$SYRG recent news/filings
## source: finance.yahoo.com
Tue, 23 Dec 2014 21:32:17 GMT ~ Synergy Resources Sets Fiscal 2015 First Quarter Results Conference Call for Friday, January 9th at 11 am ET
[at noodls] - PLATTEVILLE, CO -- (Marketwired) -- 12/23/14 -- Synergy Resources Corporation (NYSE MKT: SYRG) , a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin, will hold ...
read full: http://www.noodls.com/view/3B917635EA45FA37E82C1F4395E827F36392E005
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Tue, 23 Dec 2014 13:30:00 GMT ~ Synergy Resources Sets Fiscal 2015 First Quarter Results Conference Call for Friday, January 9th at 11 am ET
[Marketwired] - Synergy Resources Corporation , a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin, will hold a conference call on Friday January 9th 11 am ET to discuss results ...
read full: http://finance.yahoo.com/news/synergy-resources-sets-fiscal-2015-133000261.html
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Mon, 22 Dec 2014 20:20:57 GMT ~ SYNERGY RESOURCES CORP Files SEC form 8-K, Other Events
read full: http://biz.yahoo.com/e/141222/syrg8-k.html
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Fri, 19 Dec 2014 18:04:00 GMT ~ Pro: About 20% pullback in oil driller budgets
read full: http://finance.yahoo.com/video/pro-20-pullback-oil-driller-180400325.html
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Fri, 19 Dec 2014 14:04:03 GMT ~ Synergy Resources Corporation Provides an Operations Update, Estimating 100% Year-Over-Year Production Growth, and a Revised Fiscal 2015 Capital Forecast
[at noodls] - PLATTEVILLE, CO -- (Marketwired) -- 12/18/14 -- Synergy Resources Corporation (NYSE MKT: SYRG) ("Synergy," the "Company"), a U.S. oil and gas exploration and production company with ...
read full: http://www.noodls.com/view/05CBBAB42EB1415404C83534CBDA0CD444472DDB
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$SYRG charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$SYRG company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/SYRG/company-info
Ticker: $SYRG
OTC Market Place: Not Available
CIK code: 0001413507
Company name: Synergy Resources Corp.
Company website: http://www.synergyresourcescorporation.com
Incorporated In: CO, USA
Business Description: Synergy Resources Corporation is an oil and gas exploration and production company positioned for rapid growth.
$SYRG share structure
## source: otcmarkets.com
Market Value: $1,031,610,881 a/o Dec 26, 2014
Shares Outstanding: 79,293,688 a/o Oct 10, 2014
Float: 26,778,000 a/o Apr 29, 2011
Authorized Shares: 100,000,000 a/o Jul 25, 2011
Par Value: 0.001
$SYRG extra dd links
Company name: Synergy Resources Corp.
Company website: http://www.synergyresourcescorporation.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SYRG+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SYRG+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SYRG+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SYRG/news - http://finance.yahoo.com/q/h?s=SYRG+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SYRG/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SYRG/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SYRG+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SYRG
DTCC (dtcc.com): http://search2.dtcc.com/?q=Synergy+Resources+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Synergy+Resources+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Synergy+Resources+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.synergyresourcescorporation.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.synergyresourcescorporation.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.synergyresourcescorporation.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SYRG
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001413507&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SYRG/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SYRG/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SYRG&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SYRG
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SYRG/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SYRG+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SYRG+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SYRG
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SYRG
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SYRG+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SYRG/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SYRG+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SYRG.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SYRG
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SYRG/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SYRG/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SYRG
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SYRG
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SYRG:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SYRG
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SYRG
$SYRG DD Notes ~ http://www.ddnotesmaker.com/SYRG
Timothy Smith
11 years ago
$SYRG - Synergy trades well above its book value (PBV=3) with a balanced production mix of 2,067 boepd (54% oil) in Q2 FY 2013, and holds proved reserves of 10.7 MMboe (August 2012).
With Enterprise Value (EV) at $390 million, Synergy trades at a staggering $188,700/boepd and a whopping $36.45/boe of proved reserves.
In Q2 FY 2013, the long-term debt rose to ~$42 million due to the recent acquisition of Orr Energy that owned 360 boepd and 1,005 net acres in the Wattenberg Field.
With estimated annual operating cash flow at $30-35 million for FY 2013, the D/CF ratio (annualized) is at ~1.3x which is decent. However, it must be pointed out that the long-term debt will rise further during the next quarters, to fund the Capex budget for FY 2013 which is estimated at $82 million.
It is also worth noting that Synergy's core areas are not heavily oil-weighted, but they weigh more on the dry gas and the natural gas liquids (NGL) production. This is why, Synergy has a balanced production mix (54% oil and 46% natural gas).
Look for improvements to NG pricing to also be a catalyst here. This likely is a good hold for 2014 at these levels in my opinion.
Timothy Smith
11 years ago
Synergy (SYRG) reported a very good quarter beating on the top and bottom lines.
Q3 earnings were 7 cents versus Capital iQ of 6 cents/share. Revenues were up 64% YoY to $12.3 versus $12.6 million estimated.
Synergy has 17,046 net acres in Wattenberg Field and 20040 net acres in the Northern D-J Basin.
Both are in high-liquids producing areas. In eastern Colorado it has 56,000 net acres in dry gas prospects. Most importantly is its 123,000 net acres in Nebraska, which is an oil play. Nebraska could be the next big play.
It is prospective in the Mississippian and Cherokee, but more importantly the Pennsylvanian formation. Synergy has low lifting costs of just $3.87/Boe.
Synergy has operated a vertical program to date, and has been successful. To date, it has participated in a non-operated horizontal program.
boo boo
11 years ago
Hey Jett, it's been a while, hope you're doin fine. Anywho, you can make that argument, but in my studies, distirbution occurs on a down day with higher volume than the prior day, which occurred on the 23rd. That daily candle is referred to as a 'dark cloud cover'. It's a high probability reversal of trend candle. So, if you think this is consolidation, $5.70 or thereabouts should hold. However, the RSI has tanked and if it stays down here it wouldn't be good. Thing with consolidation for me is that if this is indeed true, there's opportunity elsewhere. Let the consolidation form, and monitor for upside/downside break. Personally, I think the market is setting up for something bad. And, crude is looking toppy. All IMHO! Good Luck and Take Care.
Timothy Smith
11 years ago
I don't there is anything major to worry about at the moment. Here are some excerpts from the conference call.
As we reported in the release, we continued to successfully execute on our vertical and directional drilling program in the Wattenberg Field of the DJ Basin driving strong growth and production and revenue for the quarter. Revenue increased 86% over the year-ago quarter totaling 8.3 million. Operating income was up more than 119% to 3.5 million and net income totaled 2.2 million or $0.04 per share.
Fiscal Q1 2012 did not include any income tax expense while fiscal Q1 2013 included a deferred tax expense of 1.3 million. Keep in mind that's equivalent to $0.03 per share. The year results reflect an 89% increase in oil and gas production over the same year-ago quarter to 150,909 barrels of oil equivalent or BOE. This equates to an average of 1,658 BOE per day during the quarter versus the daily average of 876 BOE per day a year ago and a daily average of 1,270 BOE per day during the quarter ended August 31, 2012.
Sequential production growth on a quarterly basis was 29%. We continued to grow rapidly in the face of lingering high line pressure within the existing gathering and processing systems. As operator, we drilled 25 vertical directional wells and brought 15 into production during the quarter. In December, we drilled two more wells. This increased the total number of wells we have drilled since inception as an operator to 134 with 112 brought into commercial production so far. And as of December 31, 2012, the remaining 22 were being completed. Unless we experience weather problems or unforeseen delays, the wells in progress should commence production during the second quarter.
As of the end of December, our overall well count including operated wells, non-operated wells and producing wells acquired from our other owners included 250 gross production wells which equates to 197 net wells and 23 gross wells in progress. This productive activity has led to an increase in our estimated proved reserves. We currently estimate proved reserves of 5.2 million barrels of oil and 33.6 billion cubic feet of gas as of November 30, 2012. The estimated present value of these reserves before tax and discounted 10% is 160 million. Our next completed reserve analysis will be prepared with an effective date of February 28, 2013.
I'd like to now turn the call over to our CFO, Monty Jennings, to take us through the details of our financial results for the quarter. More: http://seekingalpha.com/article/1103491-synergy-resources-ceo-discusses-q1-2013-results-earnings-call-transcript
Timothy Smith
11 years ago
Synergy Resources Completes Acquisition of Assets from Orr Energy
Dec 6, 2012 7:00:00 AM
PLATTEVILLE, Colo., Dec. 6, 2012 /PRNewswire/ -- Synergy Resources Corporation (NYSE Mkt: SYRG), a U.S. oil and gas exploration and production company focused on the Denver-Julesburg (D-J) Basin, has purchased from Orr Energy certain assets that include 36 producing oil and gas wells in the Wattenberg Field of the Denver-Julesburg Basin, along with a number of undeveloped leases both in the Wattenberg and surrounding area.
Synergy paid a total consideration of $42 million for the assets, comprised of $30 million in cash and $12 million in Synergy's common stock (approximately 3.1 million shares).
The 36 wells are currently producing at an aggregate average rate of 360 net BOE/D, with Synergy the operator on 35 of the wells. The oldest well has been producing since 2006, and all of the wells have been drilled vertically to the Codell, Niobrara and/or J-Sand formations.
Synergy has a 100% working interest (77% net revenue interest) in 29 of the wells, with a smaller working /net revenue interest in the remaining seven wells. The company will have a 100% working interest (80% net revenue interest) in the majority of future wells drilled on the leased acreage.
The drilled and undrilled leases cover approximately 3,933 gross (3,196 net) acres. Of these net acres, 2,191 are in the core of the Wattenberg field, adjoining or near existing Synergy leased acreage. Given the 20 acre spacing for vertical wells on this acreage, there is the potential to drill approximately 75 new vertical wells. Based on the 80 acre spacing for horizontal wells, there is the potential to drill 55 Codell / Niobrara horizontal wells.
The remaining net acres (approximately 1,005) are located northeast of the Wattenberg field near Grover, Colorado, and have not been drilled by Orr Energy. Management plans to use existing seismic data acquired in the transaction to establish a drilling program for new vertical and horizontal wells on this acreage. This acreage is in close proximity to the producing wells of other operators, where production is believed to contain a high oil ratio.
The cost to acquire the Orr Energy assets was included in the fiscal 2013 CAPEX guidance Synergy provided on its fiscal year end 2012 earnings call. Ed Holloway, CEO of Synergy Resources noted: "The acquisition will be accretive to our financial performance by the fiscal second quarter 2013. While we had already anticipated sequential quarterly revenue growth to return in our current fiscal first quarter; the acquisition will certainly increase our growth rate in the second quarter."
William Scaff, Synergy Resources' executive vice president, commented: "The acquired acreage continues to build critical mass within our existing core Wattenberg acreage and the new undrilled acreage continues to build our inventory of potential new well sites. Through the acquisition, Orr Energy becomes one of our largest shareholders. We were able to acquire Orr Energy due to mutual respect between the two management teams and ongoing confidence that these assets will continue to grow further under Synergy Resource management."
About Synergy Resources Corporation
Synergy Resources Corporation is a domestic oil and natural gas exploration and production company. Synergy's core area of operations is in the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas, and Nebraska. The Wattenberg field in the D-J Basin ranks as one of the most productive fields in the U.S. The company's corporate offices are located in Platteville, Colorado. More company news and information about Synergy Resources is available at www.SYRGinfo.com.
For more information about Synergy Resources Corp., contact Justin Vaicek at Liolios Group at 949-574-3860 or email SYRG@liolios.com.
Important Cautions Regarding Forward Looking Statements
This press release may contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "should," "likely" or similar expressions, indicates a forward-looking statement. These statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, and information currently available to management. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. Certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information. The identification in this press release of factors that may affect the company's future performance and the accuracy of forward-looking statements is meant to be illustrative and by no means exhaustive. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Factors that could cause the company's actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: the success of the company's exploration and development efforts; the price of oil and gas; the worldwide economic situation; changes in interest rates or inflation; the ability of the Company to transport gas; willingness and ability of third parties to honor their contractual commitments; the company's ability to raise additional capital, as it may be affected by current conditions in the stock market and competition in the oil and gas industry for risk capital; the company's capital costs, which may be affected by delays or cost overruns; costs of production; environmental and other regulations, as the same presently exist or may later be amended; the company's ability to identify, finance and integrate any future acquisitions; and the volatility of the company's stock price.
SOURCE Synergy Resources Corporation
----------------------------------------------
Rhonda Sandquist
Synergy Resources Corporation
+1-970-737-1073
rsandquist@syrginfo.com
or Investor Relations; Liolios Group
Inc.
Justin Vaicek
+1-949-574-3860
SYRG@liolios.com
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JefftDecker
8 years ago
not one red cent ~NORC~
11 years ago
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