Join today and have your say! It’s FREE!

We will not release or resell your information to third parties without your permission.

Please Try Again

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Please Try Again

Password Hint : {{passwordHint}}

Remember me

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) > Eric Nuttall's 2023 EV/CF chart, SGY is #1

<< Previous

Bullboard Posts

Next >>

Comment by CanadianOil2022on Mar 07, 2022 3:15am

237 Views

Post# 34489173

RE:Eric Nuttall's 2023 EV/CF chart, SGY is #1

.SURGE Energy BEST CASHFLOWSPER SHARE MASSIVE UPSIDE because only 80 million shares outstanding

Eric Nuttall's 2023 EV/CF chart, SGY is #1

Eric put up a new chart on Twitter for 2023 at $80 WTI. It shows SGY has by far the best FCF yield at 38% and one of the best EV/CF multiples at 2.1. Good times coming for SGY.

<< Previous

Bullboard Posts

Next >>

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal