Analysts are also bullish on Synergy Resources (NasdaqGS: SYRG) “thanks to its minimal debt. In fact, Synergy’s net debt-to-EBITDA ratio was negative as of the quarter that ended in February,” according to Kiplinger.
Synergy’s favorable debt ratios are vital at a time when markets are pensive regarding the rise smaller energy companies as a percentage of the U.S. high-yield bond market. The stock is 4.6% of PSCE’s weight. [Energy Rally Lits Junk Bond ETFs]
The $49.1 million PSCE is home to 35 stocks with 54.6% of that weight going to energy equipment providers and the remainder allocated to consumable fuels producers. PSCE’s annual expense ratio is 0.29%.
PowerShares S&P SmallCap Energy Portfolio
