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.

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Surge Energy Inc (Alberta) > FCF yield vs. EV/CF @ $80 WTI in 2023...

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Comment by daniel004on Feb 25, 2022 6:35pm

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Post# 34463454

RE:RE:RE:FCF yield vs. EV/CF @ $80 WTI in 2023...

Forget it. I give up.

daniel004 wrote:
Maybe this will work.

daniel004 wrote: Thanks Zack.
Pretty compelling if you are an investor sitting on the fence or were going to throw a dart.
Here's a one year performance chart of the ones I follow. Also makes me think SGY has room to move higher. Hope this graph is readable.
GLTA, Dan

zack50 wrote: Eric Nuttall... "The energy sector has entered a golden era of free cashflow. Debt free next year and with 15 years of drilling inventory on average, the tsunami of free cashflow can only go one place: shareholders. Epic dividends (and buybacks) ahead + valuations near generational lows!"