Demand vs. Supply constraints...All indications are that we are in a multiple-year bull market for oil... not because of demand but because of supply constraints.
The end of US shale growth, the exhaustion of OPEC spare capacity and the inability of the super-majors to grow due to a lack of ~7 years of non-investment.
The market outlook for oil indicates that "someday soon", Surge, like most, if not all oil stocks, will get a rerating and the share price will adjust to reflect the large amounts of FCF that will be doled out to shareholders.