• 2 minutes U.S. Presidential Elections Status - Electoral Votes
  • 5 minutes “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova
  • 7 minutes United States LNG Exports Reach Third Place
  • 31 mins Joe Biden's Presidency
  • 5 mins So Is COVID a Media Hoax or Not?
  • 2 hours Navalny Poisoning Weakens Russo German Relations
  • 1 hour Biden suspends oil and gas drilling on Federal Lands for 60 days for review.
  • 8 hours GENERAL NORMAN SCHWARZKOPF: The Third Tour
  • 8 hours The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc.
  • 1 hour Parler’s New Partner Has Ties to the Russian Government
  • 7 hours The Debate Starts : Remake Republican Party vs. Third Party
  • 3 hours a In 2020, we produced and delivered half a million cars.
  • 3 hours CIA Death Squads
  • 6 hours An exciting development in EV Aviation: Volocopter
  • 9 hours Rejoining Paris Climate Accord is Devestating
  • 6 hours Did I Miss Something?

One Of The Best-Positioned Micro Caps In The Market

With oil continuing its steep decline and now breaking through the psychologically important low from the depths of the recession in 2009, the qualities that investors should look for in an energy company have changed somewhat.

A conservative approach to expansion, which was punished in the recent past, is now looking like a smart move. Stock in companies with untapped reserves have been hit as oil has fallen, for sure, but some are beginning to buck the trend of oil’s collapse and level out, or even in some cases recover slightly. Synergy Resources (SYRG), a small, Colorado based exploration and production company would be a case in point.

The above chart offers a comparison between SYRG (the blue mountain chart) and the oil ETF OIL (the purple line). As you can see, while oil’s decline has continued, SYRG seems to have bottomed out. Relative strength such as that in a weak market is notable and justifies further investigation.

Synergy is focused on Colorado, specifically the Wattenberg field in the Denver-Julesburg basin, which brings some risk with it. The area is somewhat lacking in infrastructure and pipeline capacity for example, which may explain the more cautious approach. It also involves utilizing a type of drilling that is relatively new and thus unproven. What has presumably sparked the interest of investors, however, is that the company has eschewed rapid organic growth in the last couple of years and had instead focused on…




Oilprice - The No. 1 Source for Oil & Energy News