Synergy Resources Reports Fiscal Third Quarter 2015 Results

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Synergy Resources (SYRG) PT Raised to $17 at KLR Group

July 10, 2015 7:13 AM EDT

KLR Group analyst John Gerdes reiterated a Buy rating and boosted his price target on Synergy Resources Corporation (NYSE: SYRG) to $17.00 (from $15.00)

Gerdes commented, "We are increasing our target price $2 to $17 per share due to a higher oil price realization. Our FY1Q/16 production... More

Synergy Resources (SYRG) Misses Q3 EPS by 3c

July 9, 2015 7:32 AM EDT

Synergy Resources (NYSE: SYRG) reported Q3 EPS of ($0.02), $0.03 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $26 million versus the consensus estimate of $26.31 million.

Adjusted EBITDA (a non-GAAP metric) increased 31% to $24.9 million up from $18.9 million a year... More