Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s): T.SGY.DB.B | ZPTAF

Energy Oil & Gas E&P

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, Greater Sawn and Shaunavon. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and potential for continued area consolidation. The Valhalla operation is offering stacked pay multi-zone potential with light oil and provides range of area infrastructure and access to multiple egress options supports attractive operating netbacks. The Shaunavon operation is producing low decline, medium gravity crude oil with high operating netbacks. Its Greater Swan operation consists of concentrated light oil asset with conventional slave point reefs.

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Surge Energy Inc (Alberta) > Colborne SGY never had this much FCF as in 2022

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Comment by Chris007on Jan 31, 2022 2:54pm

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Post# 34380227

RE:Colborne SGY never had this much FCF as in 2022

What it has to do with is the massive amounts of dilution in the past that screwed a lot of longer term holders (and by longer term, I mean anyone thats been around for more than the last 18 months).

That being said, if you're a new buyer, current price is not bad at all for building a position.

fortunefavorsus wrote: But the stock price is no where near as high as in the past. Sounded like a lot of disucssion as to what to do with it. Sadly market has made a concerted effort to ignore how great SGY results will be in 2022.

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A junior copper-gold stock trading at a bargain of monumental proportions