SYNM Syntroleum Corp. featured news, full reports, and detailed charts
Syntroleum Corp. (SYNM) Wrap Up:
Syntroleum Corporation engages in the research, development, and commercialization of the Syntroleum Process that is designed to convert natural gas into synthetic liquid hydrocarbons. It owns the Syntroleum Process for Fischer-Tropsch (FT) conversion of synthesis gas derived from biomass, coal, natural gas, and other carbon-based feedstocks into liquid hydrocarbons; the Synfining Process for upgrading FT liquid hydrocarbons into middle distillate products, such as synthetic diesel and jet fuels; and the Bio-Synfining technology for converting animal fat and vegetable oil feedstocks into middle distillate products, such as renewable diesel and jet fuel. The company, through its joint venture...Syntroleum Corp. (SYNM:NASDAQ)
Snapshot of Syntroleum Corp. (SYNM)
|
OPEN
$2.23
|
PREVIOUS CLOSE
$2.25
|
|
|
DAY HIGH
$2.31
|
DAY LOW
$2.17
|
|
|
52 WEEK HIGH
08/10/09 - $3.35
|
52 WEEK LOW
12/31/08 - $0.51
|
|
|
MARKET CAP
163.1M
|
AVERAGE VOLUME 3 mo
246.6K
|
|
|
DILUTED EPS TTM
$0.10
|
SHARES OUTSTANDING
74.1M
|
|
|
SYNM Does Not Pay Dividends
|
P/E TTM
21.4x
|
|
| K = Thousands M = Millions B = Billions | ||
SYNM Top Compensated Officers
Executives, Board Directors
Key developments for Syntroleum Corp. (SYNM)
Syntroleum Corp. expected to Report Fiscal Year 2009 Results on January 19, 2010. This event was calculated by Capital IQ (Created on November 2, 2009).
Syntroleum Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $270,000 or $0.00 per basic and diluted share on total revenues of $4,411,000 compared to net income of $838,000 or $0.02 per basic and diluted share on total revenues of $1,477,000 for the same quarter a year ago. Loss from continuing operations before income taxes and loss from continuing operations was $242,000 or $0.00 per basic and diluted share compared to loss from continuing operations before income taxes and income from continuing operations of $918,000 or $0.02 per basic and diluted share for the same quarter a year ago. Operating income was $1,553,000 compared to operating loss of $1,316,000 for the same quarter a year ago. For the nine months, the company reported net income of $7,103,000 or $0.10 per basic and diluted share on total revenues of $26,295,000 compared to net loss of $3,285,000 or $0.05 per basic and diluted share on total revenues of $3,896,000 for the same period a year ago. Income from continuing operations before income taxes and loss from continuing operations was $7,201,000 or $0.10 per basic and diluted share compared to income from continuing operations before income taxes and loss from continuing operations of $4,672,000 or $0.05 per basic and diluted share for the same quarter a year ago. Operating income was $13,806,000 compared to operating loss of $5,579,000 for the same period a year ago. Net cash provided by operating activities was $11.8 million compared to net cash used in operating activities of $1.7 million for the same period last year. Purchase of property and equipment was $718,000 compared to $202,000 for the same period last year.
Syntroleum Corp., Q3 2009 Earnings Call, Nov-05-2009
SYNM Competitors
| Company | Last | Change |
| Evergreen Energy Inc | $0.31 USD | +0.01 |
| Fuel Tech Inc | $9.69 USD | -0.26 |
| Headwaters Inc | $5.00 USD | -0.08 |
| Pacific Ethanol Inc | $0.37 USD | -0.0115 |
| Rentech Inc | $1.26 USD | -0.03 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | SYNM | Industry Range |
| Price/Earnings | 24.0x |
|
| Price/Sales | 5.8x |
|
| Price/Book | 6.9x |
|
| Price/Cash Flow | 24.3x |
|
| TEV/Sales | 5.4x |
|
|
SYNM |
||
SYNM transactions
| Type Date |
Target |
|
Private Placement
October 14, 2009 |
-- |
More Recent News About Syntroleum Corp.
More news for SYNM
Rentech, Inc. CEO Interview: D. Hunt Ramsbottom
67 WALL STREET, New York - September 22, 2009 - The Wall Street Transcript has just published its Alternative Energy/Clean Energy/Power Generation/Utilities Report offering a timely review of the sector to serious investors and industry executives. This 83 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. Topics covered: Long Term Perspective on Alternative Energy Industry -- Leading Indicators for Alternative Energy Components Companies -- Mergers and Acquisitions in the Alternative Energy Industry -- Break Even Business Fundamentals for Carbon Free Energy Providers -- Development of Carbon Free Energy Production Infrastructure -- NAT GAS Act -- New Players in the Alternative Energy Industry -- Solar Power Cell Manufacturers Market Strategy -- Demand Response for Raw Materials for Solar Cell Production -- Alternative Energy Investment Opportunities -- Multiple Stock Winners in Carbon Free Production Industry -- Government Funding of Alternative Energy Power Providers -- Chinese Solar Energy Companies -- Alternative Energy Hedge Fund Investors -- Commodity Cycles -- Determinants of Market Valuations in the Alternative Energy Production Industry -- Carbon Emissions Statistics -- Energy Efficiency Statistics -- Innovations in Solar and Wind Power Generation -- Business Economics for Methane Based Power Generation -- Electric Vehicles Projections and Statistics-- Cap and Trade Projections and Statistics -- Development of Battery Technology...Click here to read the whole Article (external link)
Beacon Equity Issues Technical Trading Overview for Rentech Inc.
DALLAS, Sept. 18, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Rentech Inc. (AMEX:RTK - News). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision. The investment report on Rentech Inc. (AMEX:RTK - News) should be of particular interest to other clean energy solutions providers: Sasol Ltd. (NYSE:SSL - News), TurboSonic Technologies Inc. (OTCBB:TSTA - News) and Syntroleum Corp. (Nasdaq:...Click here to read the whole Article (external link)
Syntroleum Announces Third Quarter 2009 Financial Results
TULSA, Okla., Oct. 30, 2009 (GLOBE NEWSWIRE) -- Syntroleum Corporation (Nasdaq:SYNM - News) today announced financial results for the quarter ended September 30, 2009. * Cash position of $15.2 million compared to a cash position of $10.1 million at December 31, 2008. * Receivable balance of $6.6 million compared to a receivable balance of $0.5 million at December 31, 2008. * Net cash provided by operating activities was $11.8 million for the first nine months of 2009 compared to net cash used in operating activities of $1.7 million for the same period last year. * Total revenue of $26.3 million for nine months ended September 30, 2009 compared to $3.9 million for the same period last year. * Total net income of $7.1 million for the nine months ended September 30, 2009 compared to a loss of $3.3 million for the same period last year. * Net income per share of $ 0.10 versus a loss of $0.05 for the nine months ended September 30, 2009 and 2008, respectively. * Dynamic Fuels LLC (50/50 venture with Tyson Foods) plant, which is under construction in Geismar, Louisiana, was 76% complete as of September 30, 2009. The plant remains on budget. We generated $11.8 million in cash flow from our operating activities for the nine months ended September 30, 2009 compared to using $1.7 million in cash flow from operations for the same period last year. Our operating activities have generated cash flows from the execution of key business transactions. Our current receivable balance is ...Click here to read the whole Article (external link)
SYNTROLEUM CORP Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. You should read the following information together with the information presented elsewhere in this Quarterly Report on Form 10-Q and with the information presented in our Annual Report on Form 10-K for the year ended December 31, 2008 (including our audited financial statements and the accompanying notes). Overview Our focus is the commercialization of innovative technology to produce synthetic liquid hydrocarbons. Our Bio-Synfining™ Technology processes triglycerides and/or fatty acids from fats and vegetable oils with heat, hydrogen and proprietary catalysts to make renewable synthetic fuels, such as diesel, heating oil, jet fuel (subject to certification), kerosene, naphtha and propane. Syntroleum has quantified in excess of 100 different fats and oils, which cover the spectrum of both cost and quality, for conversion to synthetic fuels via the Bio-Synfining™ Technology. Operations to date have consisted of activities related to the commercialization of a proprietary process (the "Syntroleum® Process") and previously consisted of research and development of the Syntroleum® Process designed to convert carbonaceous material (biomass, coal, natural gas and petroleum coke) into synthetic liquid hydrocarbons. Synthetic hydrocarbons produced by the Syntroleum® Process can be further processed using the Syntroleum Synfining®Process into high quality liquid fuels. Our Bio-Synfining™ Technology is a renewable fuels application of our Synfining® technology. We are centered on being a recognized provider of the Bio-Synfining™ Technology, Syntroleum® Process and Synfining® product upgrading technology to the energy industry through strategic relationships and deployment of our technology. Significant Developments On June 22, 2007, we entered into definitive agreements with Tyson to form a joint venture Limited Liability Company...Click here to read the whole Article (external link)
SYNTROLEUM CORP Files SEC form 8-K, Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. Settlement. On October 14, 2009, Syntroleum Corporation ("Syntroleum," "we" or "us") entered into a Settlement Agreement with Fletcher International, Ltd. ("Fletcher") to settle all legal claims arising in connection with the Investment Agreement (the "Investment Agreement") dated November 18, 2007, between Syntroleum and Fletcher. Pursuant to the terms of the Investment Agreement, under which a maximum of 12.4 million shares could be issued, Fletcher agreed to purchase $12 million worth of Syntroleum stock at floating per share prices over a twenty-four month period. The purchase was divided into an Initial Investment of $3 million (at a premium to the trading price of Syntroleum stock) and Later Investments totaling $9 million (at a discount to the trading price of Syntroleum stock). Fletcher refused to close on the Initial Investment at $1.39 per share, asserting that all of the conditions precedent had not been satisfied, and subsequently attempted to make a Later Investment at $0.44 per share. We refused to close on the grounds that, because Fletcher failed to make the Initial Investment, Fletcher was not entitled to go forward with the Later Investments. Each party subsequently filed legal claims against one another, with Syntroleum claiming unspecified damages against Fletcher and Fletcher claiming damages, excluding legal fees, of $14 million. Pursuant to the terms of the Settlement Agreement, Syntroleum and Fletcher entered into a Securities Purchase Agreement (the "Securities Purchase Agreement") dated October 14, 2009 whereby Fletcher purchased $4 million of common stock of Syntroleum in an initial closing and was issued six-year warrants and acquired the option to purchase, on or before June 30, 2010, up to an additional $8 million of common stock of Syntroleum in up to two subsequent closings together with additional six-year warrants. Initial Closing. Under the ...Click here to read the whole Article (external link)
Syntroleum Corporation Q3 2009 Earnings Call Transcript
Syntroleum Corporation (SYNM) Q3 2009 Earnings Call Transcript November 5, 2009 3:00 pm ET Executives Karen Gallagher – SVP and Principal Financial Officer Gary Roth – President and CEO Jeff Bigger – SVP, Business Development Ron Stinebaugh – SVP, Finance & Acquisitions Analysts Jerry Rumples [ph] Chuck Pillar [ph] Robert Kusiva [ph] – Black Sea Partners Richard Kaulback [ph] Steve Sparrow [ph] Eric Burzwai [ph] – Eric Burzwai GDS [ph] Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Syntroleum Corporation third quarter earnings call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded. I will now turn the call over to Ms. Karen Gallagher. Ms. Gallagher, you may begin. Karen Gallagher Good afternoon and thank you for joining us today. Remarks for today’s call will be presented by Syntroleum’s President and Chief Executive Officer, Gary Roth; followed by Jeff Bigger, Senior Vice President of Business Development, who will provide an update on our Dynamic Fuels Geismar Plant; Ron Stinebaugh, Senior Vice President of Finance and Acquisition, who will provide an update on the Geismar Plant’s economics; and Karen Gallagher, Senior vice President and Principal Financial Officer, who will report the financial results for the third quarter of 2009. Before I turn the call over to Gary, I would like to remind everyone that during this call, we will make certain forward-looking statements as well as use historical information. Words such as believe, esti...Click here to read the whole Article (external link)
Syntroleum Earnings Call scheduled for 3:00 pm ET today
Call DetailsSyntroleum Earnings Conference Call (Q3 2009)Thu, Nov 5, 2009, 3:00 pm EasternAbout Syntroleum (NasdaqCM:SYNM)Syntroleum Corporation engages in the research, development, and commercialization of the Syntroleum Process that is designed to convert natural gas into synthetic liquid hydrocarbons. It owns the Syntroleum Process for Fischer-Tropsch (FT) conversion of synthesis gas derived from biomass, coal, natural gas, and other carbon-based feedstocks into liquid hydrocarbons; the Synfining Process for upgrading FT liquid hydrocarbons into middle distillate products, such as synthetic diesel and jet fuels; and the Bio-Synfining technology for converting animal fat and vegetable oil feedstocks into middle distillate products, such as renewable diesel and jet fuel. The company has a joint venture agreement with Tyson Foods, Inc. Syntroleum Corporation was founded in 1996 and is based in Tulsa, Oklahoma.More Info:Quote |Chart |News |Profile |Reports |Research |SEC |Msgs |Insider | Financials...Click here to read the whole Article (external link)
SYNTROLEUM CORP Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
