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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) > Everyone enjoying the dividend yet?
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Comment by Baystboy07on Jun 24, 2022 7:10am
216 Views
Post# 34779505

RE:RE:RE:RE:RE:RE:RE:RE:Everyone enjoying the dividend yet?

RE:RE:RE:RE:RE:RE:RE:RE:Everyone enjoying the dividend yet?

my ref to "this stock" is to $SGY not $CPG...even with $CPG also being a dumpster it is still totaling higher that $SGY on a relative 5 year basis.


barneyj44 wrote:
Batboy you don't seem to have your facts correct about Crescent Point. Retail hold 50% with funds and institutions holding the rest. Insiders only hold around 1%. Crescent Point Energy is not owned by hedge funds. The company's largest shareholder is Franklin Resources, Inc., with ownership of 5.4%. BlackRock, Inc. is the second largest shareholder owning 5.0% of common stock, and Connor, Clark & Lunn Investment Management Ltd. holds about 3.2% of the company stock.

 

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