Synergy Resources (SYRG) Posts Q3 Loss of 10c/Share
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Synergy Resources Reports Third Quarter 2016 Financial and Operating Results; Increases 2016 Production Guidance
November 3, 2016 4:00 PM EDTDENVER, CO -- (Marketwired) -- 11/03/16 -- Synergy Resources Corporation (NYSE MKT: SYRG) ("Synergy", the "Company", "we", "us" or "our"), a U.S. oil and gas exploration and production company focused on the Wattenberg Area of the Denver-Julesburg Basin, reported its third quarter financial and operating results for the period ended September 30, 2016 and increases 2016 production guidance.
Third Quarter 2016 Highlights
Revenues were $26.2 millionNet loss was $19.2 million or $(0.10) per diluted share in the quarter which includes a full cost ceiling impairment charge of $25.5 million or $(0.13) per diluted... More