The company has not filed an annual or quarterly report since its Q3 FY2019 10-Q, filed Nov 6, 2019. Its latest SEC filing is a SC 13G from Feb 14, 2020.
10-Q for Q3 FY2019, filed Nov 6, 2019
The sections below describe the company as of the FY2018 annual report.
Produces oil, natural gas, and natural gas liquids for oil purchasers and midstream processors.
10-K for FY2018, filed Feb 20, 2019
SRC sells oil, natural gas, and NGLs to purchasers; it invoices after production is delivered, while midstream processors remit proceeds for natural gas and NGL sales.
10-K for FY2018, filed Feb 20, 2019Sales of oil, natural gas, and NGLs are recognized at the point control of the product is transferred to the customer and collectability is…View ↗
Under our natural gas processing contracts, we deliver natural gas to a midstream processing entity at the wellhead or the inlet of the…View ↗
Under our product sales contracts, we invoice customers once our performance obligations have been satisfied, at which point payment is…View ↗
$645.6M
10-K for FY2018, filed Feb 21, 2019
$645.6M ↗
Oil buyers purchase production under short- and long-term contracts, including pipeline delivery arrangements; midstream gathering and processing companies buy the natural gas under contracts and remit proceeds for gas and NGL sales.
10-K for FY2018, filed Feb 20, 2019
Yes. It kept 40 cents of every revenue dollar as net income in FY2018 and turned 58 cents into free cash flow.
10-K for FY2018, filed Feb 21, 2019
10-K for FY2018, filed Feb 21, 2019
$274.3MView ↗
10-K for FY2018, filed Feb 21, 2019
$260MView ↗
10-K for FY2018, filed Feb 21, 2019
$371.5MView ↗
8-K, filed Jan 14, 2020
At the effective time of the Merger (the “Effective Time”), each outstanding share of common stock, par value $0.001 per share, of the…View ↗
8-K, filed Aug 26, 2019
On August 25, 2019, SRC Energy Inc., a Colorado corporation (the “Company” or “SRC”), entered into an Agreement and Plan of Merger (the…View ↗
Grew. Revenue grew 6.2x in 4 years, from $104.2M in FY2014 to $645.6M in FY2018, about 58% a year.
NGL sales
The latest report treats natural gas liquids as a distinct product after SRC began taking title to them through processing agreements; the older business description lists crude oil and natural gas.
10-K for FY2015, filed Oct 16, 2015 10-K for FY2018, filed Feb 20, 2019Synergy Resources Corporation ("we," "us," "Synergy" or the "Company") is a growth-oriented independent oil and natural gas company engaged…View ↗
Wattenberg focus
The latest plan concentrates activity in Wattenberg, whereas the older report also described exploration in southwestern Nebraska and gas acreage in eastern Colorado.
10-K for FY2015, filed Oct 16, 2015 10-K for FY2018, filed Feb 20, 2019Within our leasehold in the North East Extension Area we have drilled and as of the 2015 fiscal year end were in the process of completing…View ↗
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