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) > SGY Declares reinstated dividend payable 07-15-22

<< Previous

Bullboard Posts

Next >>

Comment by pppon Jun 17, 2022 11:44am

270 Views

Post# 34764688

RE:RE:RE:SGY Declares reinstated dividend payable 07-15-22

To high a Beta. Div is worthless when your stock goes down 10% in a few hours. Company needs to work on buying back shares to keep the trading range within 2 3 %. Shows me no investors own this.

<< Previous

Bullboard Posts

Next >>

Debt-free cannabis company set for next stage of growth