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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 Outsidetrader on Nov 17, 2021 1:11am

Nat gas

No one mentions surges soon to be nat gas sales
Comment by fortunefavorsus on Nov 17, 2021 8:42am
Yes I believe Surge will have a very good 1st quarter from better hedge prices and higher gas sales and hopefully higher gas production.  Seems shorts are betting on some type of oil market collapse before the start of next year.  By the time we see strong 1st quarter results Surge could be trading at $8.00 as the analyst can do simple calcuations and know Surge will have strong FCF.
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