On Wednesday, Shares of Synergy Resources Corp (NYSEMKT:SYRG), added 5.20% and closed at $7.89 in the last trading session. The last trading range of the stock ranges between $7.54 and $7.95. Synergy Resources Corporation (NYSE MKT: SYRG) (“Synergy”, the “Company”, “we”, “us” or “our”), a U.S. oil and gas exploration and production company focused on the Wattenberg Area of the Denver-Julesburg Basin, reported its third quarter financial and operating results for the period ended September 30, 2016 and increases 2016 production guidance.
Third Quarter 2016 Highlights
Revenues were $26.2 million
Net loss was $19.2 million or $(0.10) per diluted share in the quarter which includes a full cost ceiling impairment charge of $25.5 million or $(0.13) per diluted share
Adjusted EBITDA of $18.3 million (see further discussion regarding the presentation of adjusted EBITDA in “About Non-GAAP Financial Measures” below)
Increased production guidance range
SeaWorld Entertainment Inc (NYSE:SEAS), jumped 6.42% and closed at $16.40 in the last trading session. The last trading range of the stock ranges between $15.11 and $16.75. The company’s Market capitalization is $1.58 Billion with the total Outstanding Shares of 88.86 million. SeaWorld Entertainment, Inc. operates as a theme park and entertainment company in the United States. It operates marine-life theme park under the SeaWorld brand name in San Diego, Orlando, and San Antonio; Busch Gardens theme parks, which are family-oriented destinations with foreign geographic settings in Tampa and Williamsburg; Discovery Cove marine life theme park in Langhorne; and Sesame Place, a seasonal park in Langhorne. The company also operates water parks under the Aquatica brand name in Orlando, San Antonio, and San Diego; Water Country USA name in Williamsburg; and the Adventure Island name in Tampa. In addition, it operates its theme park under Shamu and Sea Rescue brand names. The company owns and operates 11 destination and regional theme parks.