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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) > Sgy guidance update
View:
Post by soundandfury on Nov 02, 2021 9:37am

Sgy guidance update

Did you notice they dropped the 75.00 wti guidance by 5 million .......also if they can give guidance for 2022 why can't they give guidance for 2021.......lol........i will tell you why its because they dont want investors to know how much money they lost in 2021.....imho
Comment by fortunefavorsus on Nov 02, 2021 10:07am
My guess for the drop is they hedged more in 2022.  I believe now is a good time to hedge 2022 production as a major stock market crash is in the cards resulting in a drop in oil prices.
Comment by WanTBe1 on Nov 02, 2021 10:20am
This deal did not have the approval of the shareholder's of SGY.
Comment by Baystboy07 on Nov 02, 2021 12:47pm
Was not big enough to require shareholder approval.
Comment by WanTBe1 on Nov 02, 2021 3:55pm
OBE stock passes SGY. Price OBE today $5.35
Comment by pennydredful on Nov 02, 2021 3:48pm
Fortunefavorsus    .   TROLL   ALERT      joined    SH     yesterday.
Comment by WanTBe1 on Nov 02, 2021 10:43am
And no money for this. A development drilling inventory of over 975 net locations (internally estimated)3; providing a development drilling inventory of more than 13 years;
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