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.

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Surge Energy Inc (Alberta) > Algos done their job this afternoon !!!

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Post by red2000on Jun 08, 2022 8:38pm

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Post# 34742166

Algos done their job this afternoon !!!

I made a daily survey of 43 energy stocks, and for me , algos done their job today.
See below...
32 of them reach their 52 week high today
At the end of the day, the close was around a 3% decline compare to the 52 WH !
Surge decline was only 2,32% !!!

I think the algos start around 5% and Shorts covering after to take their profit !!
It's my understanding, for sure it was synchronize !

		Close june 8	52 Week High	52 week high date	% decline
Nbr.	Ticker	$ S/P today	$ S/P
1	AAV	11,52 $	12,00 $	2022-06-08	4,17%
2	ARX	22,14 $	22,88 $	2022-06-08	3,34%
3	ATH	3,30 $	3,44 $	2022-06-08	4,24%
4	BIR	12,32 $	12,48 $	2022-06-08	1,30%
5	BNE	13,01 $	13,75 $	2022-06-08	5,69%
6	BTE	8,75 $	9,06 $	2022-06-08	3,54%
7	CEU	3,01 $	3,11 $	2022-06-08	3,32%
8	CPG	13,46 $	13,74 $	2022-06-08	2,08%
9	CVE	30,79 $	31,19 $	2022-06-08	1,30%
10	ENB	59,23 $	59,69 $	2022-06-08	0,78%
11	ERF	22,63 $	23,29 $	2022-06-08	2,92%
12	FRU	16,62 $	17,00 $	2022-06-08	2,29%
13	GTE	2,62 $	2,69 $	2022-06-08	2,67%
14	HWX	7,93 $	8,18 $	2022-06-08	3,15%
15	JOY	7,71 $	7,94 $	2022-06-08	2,98%
16	KEL	8,04 $	8,32 $	2022-06-08	3,48%
17	LOU	0,93 $	0,97 $	2022-06-08	4,30%
18	MEG	24,16 $	24,47 $	2022-06-08	1,28%
19	NVA	13,94 $	14,29 $	2022-06-08	2,51%
20	OBE	14,90 $	15,67 $	2022-06-08	5,17%
21	OVV	77,04 $	79,28 $	2022-06-08	2,91%
22	PEY	16,63 $	17,13 $	2022-06-08	3,01%
23	PIPE	6,46 $	6,72 $	2022-06-08	4,02%
24	PNE	2,03 $	2,05 $	2022-06-08	0,99%
25	PPR	0,31 $	0,33 $	2022-06-08	6,45%
26	SGY	13,37 $	13,68 $	2022-06-08	2,32%
27	SU	53,33 $	53,48 $	2022-06-08	0,28%
28	TCW	4,78 $	4,90 $	2022-06-08	2,51%
29	TVE	6,36 $	6,48 $	2022-06-08	1,89%
30	VET	31,41 $	31,80 $	2022-06-08	1,24%
31	WCP	12,54 $	12,71 $	2022-06-08	1,36%
32	XEG	18,51 $	18,67 $	2022-06-08	0,86%
				AVG.	2,76%