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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

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

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... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Down 10 days in a row
View:
Post by Baystboy07 on Dec 12, 2023 10:21am

Down 10 days in a row

Congratulations Paul and team. A WODERFUL accomplishment.
Comment by VeritasVern on Dec 12, 2023 11:54am
This post has been removed in accordance with Community Policy
Comment by Outsidetrader on Dec 12, 2023 2:01pm
down 10 days in a row. I took a small bite at this today. Im hoping early next year their is some rebound in oil price in the first quarter.
Comment by Baystboy07 on Dec 13, 2023 7:38am
If Paul and his management have one brain cell between them they will not increase the dividend once they get to the next debt level threshold (assuming they do). they will put the extra 25% to share buys backs AND even better more debt pay down even more aggressively. this management team has demonstrated TIME AND TIME again that they cannot handle their debt loads. Only thing Paul and ...more  
Comment by Al42 on Dec 13, 2023 8:07am
I agree and hopefully they doen't do anything stupid and go on another buying spree!
Comment by Baystboy07 on Dec 13, 2023 10:09am
Paul and his whole management team are a bunch of mental midgets. They all need to be fired. Down again today and relative performance worse that others. 
Comment by VeritasVern on Dec 13, 2023 12:11pm
This post has been removed in accordance with Community Policy
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