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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) > WHAT ARE DIVIDENDS.? WHAT STOCK PRICE DO YOU START TO PAY.?
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Comment by Countrin2tiveon Jun 15, 2021 12:35pm
196 Views
Post# 33388837

RE:RE:WHAT ARE DIVIDENDS.? WHAT STOCK PRICE DO YOU START TO PAY.?

RE:RE:WHAT ARE DIVIDENDS.? WHAT STOCK PRICE DO YOU START TO PAY.?Increased production and serviced debt will or all things being equal should cause an increased SP that exceeds any dividend paid over short term.  I am happy to collect dividends at a higher SP resulting from SGY getting it's house in order.
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