Surge Energy Inc (Alberta) T.SGY

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

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, and Greater Sawn. 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 the potential for continued area consolidation. The Valhalla operation offers a stacked pay multi-zone potential with light oil and provides a range of area infrastructure and access to multiple egress options supports attractive operating netbacks. Its Greater Swan operation consists of concentrated light oil assets with conventional slave point reefs.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > Investing for Idiots - At $80 SGY Net Asset Value $24 share

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Comment by stocks123STon Mar 26, 2022 6:46am

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Post# 34547797

RE:RE:Investing for Idiots - At $80 SGY Net Asset Value $24 share

Binkie
Just as a matter of interest,
What's the difference between the price of SGY now and the price from a 10y chart???
-same management
-same enviroment
-same price
-i would say, leverage now is even less than 10y ago
-no ESGers to push the price of oil up: because of scarcity
-probably less s/o: thanks to the share consolidation
-probably paid a dividend then and hopefully start to pay one now
-and the income fund tax gimmick was changed in Oct '06

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