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

Post by highrider1on Jan 14, 2015 12:18pm

141 Views

Post# 23318345

QUOTE / LEVEL 2

Looks like they are trying to hold her above $2.40 as seen in the Level 2 below. With oil starting to drop once again we will see if they can hold her up till market close.

Surge Energy Inc(SGY:TSX, CA)

2.47CAD0.00(0.00%)Volume:

Below Average

As of 14 Jan 2015 at 12:13 PM EST.

Quote Details

Open	2.45	P/E Ratio (TTM)	7.1x
Last Bid/Size	2.46 / 332	EPS (TTM)	0.36
Last Ask/Size	2.48 / 90	Next Earnings	--
Previous Close	2.47	Beta	2.98
Volume	1,116,068	Monthly Dividend	0.0500
Average Volume	3,100,554	Dividend Yield	24.29%
Day High	2.54	Ex-Dividend Date	29 Dec 2014
Day Low	2.43	Shares Outstanding	220.1M
52 Week High	8.82	# of Floating Shares	215.6372M
52 Week Low	2.43	Short Interest as % of Float	--
DRIP Eligible	Yes

Level 2 Quote

Shares	Bid Price	Ask Price	Shares
33,700	2.460	2.480	9,000
17,700	2.450	2.490	14,400
18,100	2.440	2.500	18,900
20,800	2.430	2.510	10,000
8,300	2.420	2.520	24,000
10,600	2.410	2.530	12,900
108,000	2.400	2.540	7,500
3,000	2.390	2.560	1,000
10,000	2.380	2.570	3,000
15,500	2.370	2.580	1,000