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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

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... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > I'm not talking about investor base
View:
Post by soundandfury on Feb 05, 2021 7:28pm

I'm not talking about investor base

I'm talking about what the company is worth at different crude prices...........this is more of what sgy share is worth on a take out offer given its ability to earn free cash flow..........in my opinion sgy at 80.00 wti is worth 5.00 per share on a buyout
Comment by Maxmoe on Feb 05, 2021 7:50pm
As my buddy Joe Biden would say.  Okay, here's the deal. Why are you arguing about cash flow and stock prices based on 70 and 80 oil? Why not $1000 WTI? Cmon man, gimme a break.  
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