Surge Energy Inc (Alberta) T.SGY

Tax pool valuve

[PUNJABI]

There was someone on this board that was preaching that the tax pool has no value. At the current oil prices, quite a few companies will be making profits even with all the write-offs.


The following statement is from Suncor's Financial announced today.

"the full-year current income tax expense range has increased from $1.4 billion-$1.7 billion to $2.1 billion-$2.4 billion."

My post on ATH board how some companies can be taken out for their tax pool.

https://stockhouse.com/companies/bullboard?symbol=t.ath&postid=34391584

Statement from Suncor balance released today.


"the full-year current income tax expense range has increased from $1.4 billion-$1.7 billion to $2.1 billion-$2.4 billion.

 

Fundamentals of ATH

 

Security Type	Equity
Shares Issued	530,844,591
Market Cap	690,098,000
Year High	1.56
Year Low	0.225
Annual Earnings/Share	0.04 CAD
P/E Ratio	32.50
Annual Dividend/Share	0.00 CAD
Annual Dividend Yield	0.00 %
Ex-Dividend Date
Sector	10102020 - Oil & Gas Exploration & Production

ATH has $3.2 B in tax pool and a market cap of about $690m. Why not take out the company for the value of the tax pool or even less and make money on the tax pool and also get free assets.