Current SYRG Stock Info

Earnings season is approaching, and balance sheets will carry more weight than they have in years.

The oil price slide has resulted in a much greater debt to market cap percentage across the oil and gas sphere. In EnerCom’s E&P Weekly for the period ended September 26, the median debt/market cap percentage was 40%. In the latest edition for the week ended January 9, the median was 83%. The larger E&Ps, as a whole, maintained a relatively low percentage despite the commodity swing. The differentiation ranges greatly as you move down t...

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