SyntheticClean energy is clearly the way of the future, but some options come with a high cost of investment when compared to fossil fuels. Synthesis Energy Systems Inc. (NASDAQ: SES) doesn’t suffer from this problem, as its synthetic gas products are interchangeable with what industries already use today.

Synthesis saw significant revenue growth in the 2018 fiscal year. The company achieved $1.51 million in total revenue, a year over year increase of 898.01%. Income also grew dramatically, with 1,954% growth for a profit margin of 70.14%. These results turned around three years of losses and drove confidence into the first half of 2019.

There are key projects in the pipeline that will boost revenue in the future. In May, Synthesis announced a joint project with the China Environment State Investment Company (CESI) that would see key Synthesis Energy technologies used in China’s growing industrial sector. Projects vary in range, with estimated installed costs between $75 million and $400 million.

Companies like Synthesis are important, because they provide ecologically friendly energy alternatives. The Synthetic gas produced by this company can be used as a direct replacement for natural gas, which makes it more attractive than some other clean energy solutions like solar and wind.

Stock is highly affordable today and is rising from its recent dip. As a long term pick, this one offers plenty of potential.

Key Data:

  • 1 Year Price Growth: -78.29%
  • YTD Price Growth: -22.78%
  • 3 Month Price Growth: 49%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.