SRC Energy stock: buy or sell?

SRCI stock price: $4.00 -2.20% At close on January 14th, 2020

Updated on:
January 14th, 2020

2

Shares of SRC Energy fell a tragic -2.20% and closed at $4.00.

SRC Energy Inc., an independent 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.

Should I buy SRC Energy stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with SRC Energy stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SRCI will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is SRC Energy stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for SRCI stock for the last 30 days.

SRC Energy stock analysis

Daily outlook

SRC Energy fell a tragic -2.20% and closed at $4.00.

Shares of SRC Energy fell a tragic -2.20% and closed at $4.00. Since September when SRCI stock price broke down the SMA200d line, it slid $-0.96 per share (-19.35%).

SRCI stock chart (daily)

Weekly outlook

After sliding a scary -8.52% in a week early January, SRC Energy closed this week at $4.00 and stayed constant a neutral 0.25%. Late December 2019 SRCI skyrocketed a super good 7.39% in just one week.

In a weekly time frame, SRC Energy stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, SRCI might consolidate in a flat-base, waiting to break out over or down under .

SRCI stock chart (weekly)

SRC Energy stock price history

SRC Energy stock went public on February 27th, 2008 with a price of $5.001. Since then, SRCI stock lost a -20.00%, with a yearly average of -1.70%.

1: Adjusted price after possible price splits or reverse-splits.

SRC Energy stock historical price chart

SRCI stock reached 52-week highs on April at $6.99, and all-time highs 2014-06-25 with a price of 14.11.

SRC Energy stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' SRCI stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price prediction for SRC Energy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, SRC Energy reported its latest financial data, posting a fine climb for the Earnings per Share (EPS) ratio. Analyst expected $0.28 per share, but SRC Energy posted $0.30.
SRCI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.14n/a
2017-Q3-n/a0.22n/a
2017-Q42018-02-210.260.23-11.5%
2018-Q12018-05-020.250.278.0%
2018-Q22018-08-010.230.258.7%
2018-Q32018-10-310.240.268.3%
2018-Q42019-02-200.280.37.1%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, SRC Energy annual revenues skyrocketed an astounding 78.10% to $645.64 M USD from $362.52 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) remained constant a 0.97% to 40.27%.

SRCI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$46 M-$9.58 M20.7%-
2014$104 M125.49%$29 M27.7%201.15%
2015$125 M19.79%$18 M14.5%-37.46%
2015$34 M-72.66%$-122.93 M-360.1%-781.37%
2016$107 M213.87%$-219.19 M-204.6%78.30%
2017$363 M238.33%$142 M39.3%-165.00%
2018$646 M78.10%$260 M40.3%82.49%

Quarterly financial results

SRC Energy posted $190.34 M in sales for 2018-Q4, a 18.24% up compared to previous quarter. Reported quarter income marked $81.97 million with a profit margin of 43.07%. Profit margin raised a 4.16% compared to previous quarter when profit margin was 38.90%. When comparing turnover to same quarter last year, SRC Energy sales marked an exceptional increase and climbed a 35.87%. Looking back to recent quarterly results, SRC Energy posted 2 negative quarters in a row.
SRCI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$75 M-$28 M37.2%-
2017-Q3$104 M38.05%$44 M42.3%56.94%
2017-Q4$140 M35.24%$51 M36.3%15.90%
2018-Q1$147 M5.09%$66 M44.7%29.47%
2018-Q2$147 M-0.10%$50 M33.7%-24.58%
2018-Q3$161 M9.44%$63 M38.9%26.21%
2018-Q4$190 M18.24%$82 M43.1%30.89%
2019-Q1$189 M-0.47%$50 M26.3%-39.31%

SRC Energy ownership

When you are planning to buy a stock, it's worth to review its ownership structure.

SRC Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

The following table compares ownership indicators for other stocks related to SRC Energy:

SRCI
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

SRC Energy summary

Tuesday, January 14th, 2020
Open$4.07
Close$4.00
Day range$3.94 - $4.09
Previous close$4.09
Session gain-2.20%
Average true range$0.18
50d mov avg$3.88
100d mov avg$4.12
200d mov avg$4.56
Daily pattern
Weekly pattern lt06a

SRC Energy performance

To measure stock performance is always good to benchmark with competitors or related stocks. We picked as the bechmarking frame for SRC Energy stock.
Stock3m6m12m
SRCISRC Energy15.94%0.00%-20.63%

SRC Energy competitors

Unfortunately, we could not find any public company that could be defined as SRC Energy competitor. This doesn't mean SRC Energy does not have any competitor in the market, it's just we could not detected it.