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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) > Mike you foget the debentures in your total debt calculation
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Post by soundandfury on Sep 17, 2021 11:17am

Mike you foget the debentures in your total debt calculation

Convertible debentures total 75 million
Comment by senseimike on Sep 17, 2021 11:23am
i know, but this likely isn't covenant debt. they are free to maneuver as desired if this is the only debt left in 2022. and again...think about what happens to FCF when debt is retired. this is the potential of this stock in 2022. i think oil prices are staying put for much of 2022. 
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