Separately, Ifs Securities upgraded Synergy Resources from an outperform rating to a strong-buy rating in a research report on Tuesday, April 23rd.
Shares of Synergy Resources stock opened at $4.15 on Wednesday. Synergy Resources has a 52 week low of $3.17 and a 52 week high of $10.14. The stock’s 50-day simple moving average is $4.20 and its 200-day simple moving average is $4.94.
SRC Energy Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids primarily in the Denver-Julesburg Basin of Colorado. As of December 31, 2017, it had net proved oil and natural gas reserves of 69.4 million barrels of oil and condensate, 559.9 billion cubic feet of natural gas, and 64.0 million barrels of natural gas liquids; and operated 551 net producing wells, as well as had 98,600 gross and 88,300 net acres under lease in the Wattenberg Field.
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