SRC Energy (NYSEAMERICAN:SRCI) Stock Price Down 5.7%
SRC Energy Inc (NYSEAMERICAN:SRCI) traded down 5.7% during trading on Thursday . The stock traded as low as $4.25 and last traded at $4.33, 4,212,192 shares changed hands during mid-day trading. An increase of 2% from the average session volume of 4,145,752 shares. The stock had previously closed at $4.59.
Several research analysts recently commented on the stock. KeyCorp restated a “hold” rating on shares of Anaplan in a report on Tuesday, May 28th. Robert W. Baird set a $10.00 price target on shares of SRC Energy and gave the company a “buy” rating in a report on Friday, May 17th. Pivotal Research assumed coverage on shares of SRC Energy in a report on Wednesday, May 29th. They issued a “buy” rating and a $37.29 price target on the stock. Ifs Securities upgraded shares of SRC Energy from an “outperform” rating to a “strong-buy” rating in a report on Tuesday, April 23rd. Finally, Zacks Investment Research lowered shares of Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a report on Wednesday, June 26th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. SRC Energy presently has an average rating of “Buy” and a consensus target price of $11.87.
SRC Energy (NYSEAMERICAN:SRCI) last posted its quarterly earnings data on Wednesday, May 1st. The oil and natural gas company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $189.46 million for the quarter, compared to analysts’ expectations of $178.20 million.
SRC Energy Company Profile (NYSEAMERICAN:SRCI)
SRC Energy Inc, an 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, 2018, it had net proved oil and natural gas reserves of 88 million barrels of oil and condensate, 771.9 billion cubic feet of natural gas, and 89.1 million barrels of natural gas liquids; and operated 985 net producing wells, as well as had 95,200 gross and 86,200 net acres under lease in the Wattenberg Field.
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