Syntroleum Corp (NASDAQ:SYNM)

CAPS Rating: 2 out of 5

The Company is engaged in developing and employing innovative technology to produce synthetic liquid hydrocarbons that are free of contaminants normally found in conventional products made from crude oil.

Recs

2
Player Avatar Keekers44 (90.09) Submitted: 9/2/2011 8:57:40 PM : Outperform Start Price: $10.50 SYNM Score: -125.04

Syntroleum develops and markets synthetic fuels. Including diesel fuels, ehating oil, aviation fuels, lubricants, etc. BP believes biofuels will eventually make up 9 percent of the global energy mix. The IEA says biofuels couldplay a fundamental role in cutting carbon dioxide emissions from transportation. The IEA wants biofuels to grow from 2 percent of total transport fuel mix currently, to 27 percent by 2050. All of these factors could have huge potential for this company. SYNM has a market cap of about $100 million making it a good candidate for acuisition. SYNM's recent secondary offering has piled shorts, and the recent insiders have purchased about 170,000 shares.

Featured Broker Partners


Advertisement