Surge Energy Inc (Alberta) T.SGY

Buzz on the Bullboards: TSX spotlight – Bombardier, Sonoro, PyroGenesis

[Tradestay]

This now have a bottom time to buy 

[harvester]

As long as Paul doesn't decide to go on a buying spree...

[zack50]

On May 29th, Surge closed a sale of some non-core assets, using the sales proceeds to pay down debt. Now that the Company has reached Phase Two of their debt repayment goals, Surge will be increasing

[PressRelease]

CALGARY, AB, June 17, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on July 15, 2024, in respect of June 2024 production, for the shareholders of record on June 30, 2024, will be $0.04 per share.The dividend is an eligible dividend...read article.

[PressRelease]

CALGARY, AB, June 14, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Surge's notice of intention to make a normal course issuer bid ("NCIB") for its outstanding common shares ("Common Shares") in...read article.

[Jonathon Brown]

Bombardier’s aviation advancements, Sonoro’s acquisition, and PyroGenesis' biofuel contributions highlight the opportunities in the Canada. read article.

[Baystboy07]

Hopefully that sale is done and then someone takes these clowns out. GLTA

[uwebb429]

The National Bank is still listing the Surge Sawn assets for sale as of June 10th. https://twitter.com/emmpeethree/status/1800528571271979421

[uwebb429]

The Shaunavon assets depreciated significantly due to neglect. COVID was a near death experience for Surge in 2020 so I can sort of understand how Shaunavon became a non core asset. Does the oil

[Re1ndeer2]

Getting some solid Notice acceptance as a very under valued sector...

[Re1ndeer2]

Helima Croft, head of global commodity strategy at RBC Capital Markets, emphasized that the OPEC+ plan to increase oil supply is not binding. Saudi Arabia will “hit the kill switch” on a fourth

[Dibah420]

OPEC+ extends production cuts until end of 2025   June 02, 2024   Follow Saudigazette on 

[uwebb429]

https://twitter.com/emmpeethree/status/1796567936112738651

[Dibah420]

National Bank on Surge Energy "Accelerating Returns" MT Newswires - May 30, 2024 6:42 AM EDT 06:42 AM EDT, 05/30/2024 (MT Newswires) -- National Bank has noted that Surge Energy Inc.

[PreludeSH]

Assuming the same $34K per barrel  for those 3754 barrels/day, then that should be $127M .  If we are at $250M net debt right now then, Surge will be $123M Net Debt after the sale which is

[zinger99]

Any sense for a reasonable price for these 3700b/d production? This could go a long way to decreasing debt and funding greater cap invstment into our two main plays!  Maybe $180M-200M?