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.

TSX:SGY - Post by User

Surge Energy Inc (Alberta)

Bullboard Posts

Comment by SuperBrownManon Feb 12, 2013 1:52pm

188 Views

Post# 20975889

RE: RE: RE: Nice bid...

I bought this stock. It looks good to me based on my research

Its under valued, very low P/E ratio-very rare to find, book value is higher than stock price; company has cash, and etc.

This stock price better be going up, I put my own money on it. Problem is lot of day-trader/shorter blocking the stock price. I m hopping the stock goes over $4 today, so day-trader/shorter gets out of blocking these share.

Exaple of TDwaterhouse rating on SGY:

$258.5M	Beta	1.78
Revenue (TTM)	$151.8M	EPS	$0.12
Shares Out.	71.2M	Book Value	$5.14
Surge Energy Inc does not pay a dividend.		P/E	30.8x
		Price/Sales (TTM)	1.7
		P/Cash Flow (TTM)	3.1x
		Operating Margin	8.59%