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)

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Post by PUNJABIon Jan 27, 2022 9:56am

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Post# 34366220

WTI new hgh. SGY up No AnonySelling so far

Oil is up and so are the oil stocks. This morning SGY is up too and has hit $6.62. No sales from Anonymous yet. Actually Anonymous is the net buyer at this time.

If this continues to happen today and in the future then it may mean that cheap stock distribution at these prices may be done. It is too early and the volume is low.

Selling from Anonymous is not short selling because this stock has a short position. The key is to watch Anonymous. When there is big buying by Anonymous that will be institutional buying that is what we want to see. We there is institutional buying this stock will spike because it has a small float.

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House Positions for C:SGY from 20220127 to 20220127

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	86,055	564,697	6.562	12,088	79,212	6.553	73,967	-485,485
9 BMO Nesbitt	12,600	82,747	6.567	5,888	38,337	6.511	6,712	-44,410
85 Scotia	8,360	54,977	6.576	4,275	27,828	6.509	4,085	-27,149
59 PI	1,000	6,510	6.51	0			1,000	-6,510
57 Interactive	600	3,924	6.54	0			600	-3,924
28 BBS	205	1,343	6.551	0			205	-1,343
33 Canaccord	4,000	26,250	6.563	4,000	26,140	6.535	0	-110
53 Morgan Stanley	3,400	22,235	6.54	4,000	26,123	6.531	-600	3,888
5 Penson	2,538	16,576	6.531	3,295	21,655	6.572	-757	5,079
72 Credit Suisse	0			900	5,917	6.574	-900	5,917
19 Desjardins	0			1,000	6,555	6.555	-1,000	6,555
39 Merrill Lynch	1,400	9,226	6.59	2,400	15,572	6.488	-1,000	6,346
14 ITG	3,000	19,740	6.58	4,453	28,869	6.483	-1,453	9,129
80 National Bank	5,319	34,666	6.517	8,129	53,438	6.574	-2,810	18,772
82 Stifel Nicholas	0			5,000	32,711	6.542	-5,000	32,711
124 Questrade	1,300	8,502	6.54	8,800	57,594	6.545	-7,500	49,092
79 CIBC	41,771	272,891	6.533	59,588	389,746	6.541	-17,817	116,855
7 TD Sec	35,057	228,200	6.509	56,717	372,086	6.56	-21,660	143,886
2 RBC	1,988	13,014	6.546	28,060	183,715	6.547	-26,072	170,701
TOTAL	208,593	1,365,498	6.546	208,593	1,365,498	6.546	0

Short Positions for SGY

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : SGY	2022-01-15	531,372	188,391	83,357,221	0.64
T : SGY	2021-12-31	342,981	19,947	83,357,221	0.41
T : SGY	2021-12-15	323,034	32,213	83,357,221	0.39
T : SGY	2021-11-30	290,821	-51,137	83,357,221	0.35
T : SGY	2021-11-15	341,958	64,673	83,355,987	0.41
T : SGY	2021-10-31	277,285	188,187	83,355,987	0.33
T : SGY	2021-10-15	89,098	-10,163	71,599,338	0.12
T : SGY	2021-09-30	99,261	-39,191	71,599,338	0.14
T : SGY	2021-09-15	138,452	17,807	71,599,338	0.19
T : SGY	2021-08-31	120,645	-434,487	71,599,338	0.17
T : SGY	2021-08-15	555,132	-112,237	608,594,375	0.09
T : SGY	2021-07-31	667,369	302,135	379,594,375	0.18
T : SGY	2021-07-15	365,234	68,049	379,194,375	0.10