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Bullboard - Stock Discussion Forum
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 (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with...
low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.
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Bullboard (TSX:SGY)
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(36)
•••
Baystboy07
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Comment by
Baystboy07
on Mar 03, 2024 2:04pm
RE:RE:Shows the harsh reality of how bad the management team in…
Sticking with my comment that the whole management team should be fired and the company should explore strategic alternatives. Best outcome is to get sold for all stock to a better operator.
(513)
•••
Dibah420
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Post by
Dibah420
on Mar 03, 2024 12:51pm
Saudis Extend Cuts
Saudi Arabia extends oil output cuts until mid-year to stabilise market Curbs of one million barrels per day of crude are in addition to voluntary cut of 500,000 bpd announced in April last year
...more
(21)
•••
PreludeSH
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Comment by
PreludeSH
on Mar 02, 2024 9:38pm
RE:Shows the harsh reality of how bad the management team in…
Im looking forward to Paul's spin during Adelaiide Capital's quarterly call. He's going to say Surge is a screaming value play.
(154)
•••
Carjack
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Post by
Carjack
on Mar 01, 2024 10:38pm
MEG Energy Confirms Trans Mountain Pipeline Expansion to Beg
(Reuters) — Oil producer MEG Energy said on Friday that line fill on Canada's long-delayed Trans Mountain oil pipeline expansion would start from April. Line fill is the last step before the
...more
(36)
•••
Baystboy07
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Post by
Baystboy07
on Mar 01, 2024 10:31pm
Shows the harsh reality of how bad the management team in…
https://twitter.com/Gugo907/status/1763663971033419843 $SGY is the worst performing O&G stock in the last 12 months. why does this management team deserve our support?
(21)
•••
PreludeSH
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Post by
PreludeSH
on Mar 01, 2024 3:18pm
Any guesses on Wednesday's Earnings Release?
Hope there's no surprise goodwill write down like Baytex!
(154)
•••
Carjack
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Post by
Carjack
on Feb 28, 2024 2:01pm
Raging Wildfire Threatens Texas Oil Rigs, Refinery
https://oilprice.com/Latest-Energy-News/World-News/Raging-Wildfire-Threatens-Texas-Oil-Rigs-Refinery.html
(154)
•••
Carjack
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Post by
Carjack
on Feb 28, 2024 9:17am
Trans Mountain pipeline sees second-quarter service date, hi
Trans Mountain Corp (TMC.UL), the Canadian government-owned oil pipeline company, continues to target a second-quarter in-service date for its expansion and expects the project's cost to rise 10%,
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(36)
•••
Baystboy07
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Comment by
Baystboy07
on Feb 27, 2024 5:37pm
RE:RE:Suck it up or sell
Look...two simps for management. The thread is here to post our views. If you do not like my view my suggestion is you block me. Paul is one of the worst performing CEOs in the oil patch. He is only
...more
(93)
•••
tinkvid
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Comment by
tinkvid
on Feb 27, 2024 10:40am
RE:Suck it up or sell
Well said ACE$.
(28)
•••
ACESover
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Post by
ACESover
on Feb 27, 2024 9:49am
Suck it up or sell
Can I buy you whiners a box of Kleenex to wipe away your tears. For the constant complaining about Surge management and stock performance you continue to own stock? If you are disgruntled why not find
...more
(154)
•••
Carjack
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Post by
Carjack
on Feb 26, 2024 10:24pm
The Biden Administration’s Ongoing Strategic Petroleum Reser
The United States established its Strategic Petroleum Reserve (SPR) in the wake of the 1973–1974 oil embargo that disrupted oil imports and drove oil prices much higher. The SPR consists
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(154)
•••
Carjack
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Comment by
Carjack
on Feb 26, 2024 3:39pm
RE:RE:Nuttal bnn
https://www.bnnbloomberg.ca/video/on-the-path-to-decarbonisation-canada-is-getting-it-wrong-eric-nuttall~2873691
(70)
•••
Franman184
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Comment by
Franman184
on Feb 26, 2024 10:54am
RE:Nuttal bnn
Also Friday at 12 pm eastern on Market Call
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