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A statement released earlier today by Stifel Nicolaus about SRC Energy (NYSE:SRCI) bumps the target price to $12.00

Boasting a price of $9.35, SRC Energy (NYSE:SRCI) traded -0.22% lower on the day. With the last stock price close up 22.27% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. SRC Energy has recorded a 50-day average of $7.96 and a two hundred day average of $7.58. Volume of trade was down over the average, with 0 shares of SRCI changing hands under the typical 2,727,820

Stifel Nicolaus bumped up the target of SRC Energy (NYSE:SRCI) to $12.00 stating a potential upside of 0.28%.

On 10/10/2017, Jefferies & Co released a statement for SRC Energy (NYSE:SRCI) bumped up the target price from $0.00 to $12.00 that suggested an upside of 0.27%.

Performance Chart


With a total market value of $0, SRC Energy has price-earnings ratio of 54.85 with a one year low of $6.19 and a one year high of $10.38 .

Brief Synopsis About SRC Energy (NYSE:SRCI)

SRC Energy Inc., formerly Synergy Resources Corporation, is an independent oil and natural gas company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in and around the Denver-Julesburg Basin (D-J Basin) of Colorado. The D-J Basin generally extends from the Denver metropolitan area throughout northeast Colorado into Wyoming, Nebraska, and Kansas. The D-J Basin contains hydrocarbon-bearing deposits in various formations, including the Niobrara, Codell, Greenhorn, Shannon, Sussex, J-Sand and D-Sand. The Company's drilling and completion activities are focused in the Wattenberg Field, an area that covers the western flank of the D-J Basin, predominantly in Weld County, Colorado. The Company is focused on the horizontal development of the Codell and Niobrara formations. As of December 31, 2016, the Company was the operator of 324 gross (288 net) producing wells and participated as non-operators in 307 gross (65 net) producing wells.

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