Surge Energy Inc (Alberta) T.SGY

Surge Debt!

[Kherson]

Paul needs to get our debt below $100 million before he increases dividends. 
Kherson

[zack50]

FFS Kherson, yes, Paul needs to get Surge's debt under control... isn't that what they are doing... will be down ~$80M from March to end of October. If you say this one more time, I'm going to liquidate my assets and throw a sidewalk pizza! I'm assuming you have read the Q2 F & O report. They have stated that the return of FCF will follow a phased approach, based on

[Kherson]

I posted this a month ago and I still believe it. Surge has way too much debt! Kherson

[zack50]

[quote=Kherson] I posted this a month ago and I still believe it. Surge has way too much debt! Kherson[/quote] Well there you go Kherson... I will have to liquidate my assets and throw a sidewalk pizza! With oil at ~$90US today, Surge is poised to deliver strong operational results in Q4/22 and beyond. They have indciated they will deliver to its stakeholders a combination of:

[Kherson]

Well there you go Kherson... I will have to liquidate my assets and throw a sidewalk pizza! With oil at ~$90US today, Surge is poised to deliver strong operational results in Q4/22 and beyond. They have indciated they will deliver to its stakeholders a combination of: * Continued net debt repayment  * A sustainable, base monthly dividend * Share buybacks * A modest

[CanaanR]

This post has been removed in accordance with Community Policy

[Jtpatrol1]

  what an idiot

[JTPloughs]

[sweetMolly1]

[MorrisO]

  John Plows sure is a bad infection on stockhouse

[Karren411]

  Who cares ?

[EdRudner5]

This post has been removed in accordance with Community Policy

[Joe455]

Trevor, you don't like stockhouse and stockhouse doesn't like you so please do everyone a favor and go away.

[zack50]

Zack50, you should now realize that we shareholders have been played fools! Kherson [/quote] If you truly believe "that we shareholders have been played fools", then why do you still hold shares in Surge. As I indicated above, you have an alternative... sell your shares and move on. As a long time shareholder, my average share price in SGY is ~$5.73, placing me in a positive position...