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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) > Share price imo should be $2.50 / share
View:
Post by soundandfury on Nov 03, 2021 1:27pm

Share price imo should be $2.50 / share

This is based on enterprise value of $800 million and $600 million liability .......leaves $200 million equity divide by current share count equals $2.50..........it should be noted that i included aro in liability and my sgy equity price is based on a buyout and not a dividend company that never gets bought out
Comment by Joe455 on Nov 03, 2021 4:00pm
Are you saying SGY is 50% over valued?  I'd like some of that stuff you're smoking.
Comment by Baystboy07 on Nov 03, 2021 4:02pm
This reply is more reason to put that idiot on ignore....he just spews garbage on the board...LOL
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