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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) > It makes you wonder
View:
Post by Sheshe1234 on May 29, 2021 12:32pm

It makes you wonder

With sgy not moving ,that maybe just maybe they are in negotiations to be bought out soon. So strange that we are .20 cents cheaper than Ath.to . But ath.t has debt over 450 million dollars. Any comments, welcome??!!
Comment by Chris007 on May 29, 2021 2:58pm
Theres the fact that ATH has production roughly double SGY. in addition, it has far higher operating leverage. Therefore, in a rising oil price environment, ATH is for the most part a superior investment. In a lower-more moderate oil price environment, I would go with SGY, due to the fact it has a lower operating break even. Hypothetically, unhedged, ATH with an operating breakeven at 43 WTI ...more  
Comment by ariesleaf on May 29, 2021 6:41pm
I think you will see a Merge before a buyouts. Name you pick .
Comment by ariesleaf on May 30, 2021 10:03am
Sheshe1234 Wrote   It makes you wonder With sgy not moving ,that maybe just maybe they are in negotiations to be bought out soon. So strange that we are .20 cents cheaper than Ath.to . But ath.t has debt over 450 million dollars. Any comments, welcome??!!
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