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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

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Post by soundandfury on Mar 04, 2021 7:35pm

Dividend

That may have been true in the past but not necesarily true in the future......i would simply point out that sgy always had debt even when it paid the dividend...........things have changed
Comment by Upside123 on Mar 04, 2021 7:55pm
All due respect just don't see it happening.  I guess we will see.  That's what great aboard this board is that we all have our own opinions. I respect yours.  Too bad the trollers don't see it this way.
Comment by Ohmsfordr on Mar 04, 2021 11:06pm
I'm hopeful for a dividend announcement as well, and I'll admit based on past comments from Paul Colborne, I am optimistic they are going to try and bring it back soon, but at a pretty conservative yield to ensure it doesn't make a major impact on the debt reduction.  I'm thinking something around 3 to 5% annual yield on current share prices, which would only be .0015 or .002 ...more  
Comment by Maxmoe on Mar 05, 2021 1:59am
That's three on the team tonight. This hibernator woke up after 6 years. Wow, where you been dude? Tell us a story I'm having trouble sleeping tonight.
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