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 PUNJABIon May 19, 2016 10:54am

227 Views

Post# 24888334

Typical Trader mentality

Traders will generally continue with the same trade as long as it working. They will only change their approach when it stops working.

So far range bound trade is working them. They stop selling & taking profit unless the stock gets above the range.

One month data for houses is pretty even in most cases

House Positions for C:SGY from 20160419 to 20160519

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
11 Macquarie	9,237,804	21,931,353	2.374	7,332,900	17,452,594	2.38	1,904,904	-4,478,759
74 GMP	5,283,469	12,455,150	2.357	3,604,380	8,410,903	2.334	1,679,089	-4,044,247
80 National Bank	10,341,551	24,307,269	2.35	9,167,962	21,503,718	2.346	1,173,589	-2,803,551
200 Acumen	1,005,350	2,292,348	2.28	46,594	112,635	2.417	958,756	-2,179,713
73 Cormark	6,363,565	15,015,176	2.36	5,839,000	13,803,721	2.364	524,565	-1,211,455
10 FirstEnergy	1,238,200	2,924,654	2.362	884,089	2,095,934	2.371	354,111	-828,720
72 Credit Suisse	478,268	1,124,489	2.351	311,974	727,677	2.332	166,294	-396,812
99 Jitney	1,090,300	2,523,440	2.314	925,000	2,136,404	2.31	165,300	-387,036
13 Instinet	5,386,200	12,631,750	2.345	5,231,900	12,305,828	2.352	154,300	-325,922
79 CIBC	10,832,101	25,083,894	2.316	10,688,282	24,690,026	2.31	143,819	-393,868
27 Dundee	550,772	1,262,767	2.293	415,239	924,286	2.226	135,533	-338,481
39 Merrill Lynch	7,819,551	18,274,585	2.337	7,715,721	17,979,441	2.33	103,830	-295,144
89 Raymond James	426,309	931,210	2.184	332,440	720,529	2.167	93,869	-210,681
58 Qtrade	303,148	691,267	2.28	226,896	535,923	2.362	76,252	-155,344
16 Paradigm	213,000	526,202	2.47	153,300	367,935	2.40	59,700	-158,267
3 AltaCorp	1,091,338	2,497,893	2.289	1,039,765	2,387,406	2.296	51,573	-110,487
92 Pollitt	50,000	121,981	2.44	0			50,000	-121,981
25 Odlum	50,860	118,719	2.334	3,300	7,615	2.308	47,560	-111,104
19 Desjardins	915,187	2,100,433	2.295	883,358	2,044,265	2.314	31,829	-56,168
222 JP Morgan	25,000	60,000	2.40	2,500	6,000	2.40	22,500	-54,000
87 Beacon	16,600	40,187	2.421	1,550	3,751	2.42	15,050	-36,436
71 Brant	24,300	58,701	2.416	10,500	22,955	2.186	13,800	-35,746
24 Clarus	10,000	24,500	2.45	0			10,000	-24,500
143 Pershing	15,200	33,121	2.179	6,450	14,192	2.20	8,750	-18,929
5 Penson	3,730	8,216	2.203	595	1,382	2.323	3,135	-6,834
53 Morgan Stanley	697,508	1,603,547	2.299	695,243	1,611,975	2.319	2,265	8,428
62 Haywood	3,000	7,260	2.42	2,650	5,640	2.128	350	-1,620
48 Laurentian	1,550	3,448	2.225	1,500	3,640	2.427	50	192
68 Leede	21,400	50,796	2.374	21,700	51,214	2.36	-300	418
36 Latimer	3,500	8,213	2.347	3,800	8,870	2.334	-300	657
28 BBS	86,718	201,028	2.318	87,412	206,819	2.366	-694	5,791
54 Global	4,800	10,687	2.226	6,400	14,640	2.288	-1,600	3,953
56 Edward Jones	0			1,600	3,954	2.471	-1,600	3,954
76 Industrial Alliance	22,255	53,000	2.381	25,400	60,400	2.378	-3,145	7,400
70 Manulife	0			6,500	15,730	2.42	-6,500	15,730
83 Mackie	60,900	144,781	2.377	68,170	159,497	2.34	-7,270	14,716
59 PI	1,042	2,383	2.287	12,900	29,978	2.324	-11,858	27,595
33 Canaccord	312,378	734,944	2.353	332,930	782,898	2.352	-20,552	47,954
85 Scotia	1,686,158	3,909,685	2.319	1,715,633	3,980,029	2.32	-29,475	70,344
124 Questrade	522,976	1,216,218	2.326	556,758	1,304,788	2.344	-33,782	88,570
57 Interactive	50,610	123,108	2.432	86,540	212,129	2.451	-35,930	89,021
95 Wolverton	61,663	128,162	2.078	99,050	231,541	2.338	-37,387	103,379
22 Fidelity	68,278	156,966	2.299	118,031	272,358	2.308	-49,753	115,392
18 Echelon	0			56,900	132,583	2.33	-56,900	132,583
88 Credential	29,379	67,771	2.307	113,312	279,994	2.471	-83,933	212,223
9 BMO Nesbitt	1,712,484	3,935,986	2.298	1,813,561	4,245,916	2.341	-101,077	309,930
77 Peters	90,000	218,891	2.432	200,000	487,435	2.437	-110,000	268,544
15 UBS	508,692	1,158,082	2.277	678,089	1,592,237	2.348	-169,397	434,155
101 SG Capital	84,250	193,110	2.292	347,812	813,604	2.339	-263,562	620,494
65 Goldman	32,991	75,197	2.279	306,947	684,583	2.23	-273,956	609,386
2 RBC	6,098,450	14,096,174	2.311	6,375,456	14,866,090	2.332	-277,006	769,916
90 Barclays	764,920	1,757,586	2.298	1,048,200	2,329,171	2.222	-283,280	571,585
14 ITG	354,312	847,833	2.393	692,830	1,572,132	2.269	-338,518	724,299
7 TD Sec	9,363,334	21,879,468	2.337	10,847,512	25,626,344	2.362	-1,484,178	3,746,876
1 Anonymous	29,568,085	68,888,069	2.33	33,836,905	78,670,389	2.325	-4,268,820	9,782,320
TOTAL	114,983,436	268,511,698	2.335	114,983,436	268,511,698	2.335	0	0