Surge Energy Inc (Alberta) T.SGY

$300 Million SGY 2022 CASHFLOWS RJ says $12 Target SGY

[CanadianOil2022]

.$300,000,000 in CASHFLOWS 2022 = SURGE ENERGY SGY ACCORDING TO WALL STREETS RAYMOND JAMES JEREMY MCCREA THINKS $12/SHARE SURGE New Presentation on Website Shows at $80 
Surge Management strategically assessed and analyzed the Company's strong competitive corporate advantages including, its long (15 year) reserve life index, low conventional corporate decline, high crude oil netbacks, top tier production efficiencies, large 13 year drilling inventory, and substantial $1.0 billion tax pool base.

 

Accordingly, with this announcement today, over the last 12 months Surge Management has now executed over $620 million of debt and equity financings, re-financings, asset sales, and two corporate acquisitions, to strategically adapt to changing market conditions, and to reposition the Company to be a top performer in 2022 and beyond. Excitingly for shareholders, Surge has also been able to maintain a dominant operational growth position in the Company's medium gravity crude oil Sparky core area, while also adding a significant new core area position light oil..

[CanadianOil2022]

$300 Million SGY 2022 CASHFLOWS RJ says $12 Target SGY .$300,000,000 in CASHFLOWS 2022 = SURGE ENERGY SGY ACCORDING TO WALL STREETS RAYMOND JAMES JEREMY MCCREA THINKS $12/SHARE SURGE New Presentation on Website Shows at $80  Surge Management strategically assessed and analyzed the Company's strong competitive corporate advantages including, its long (15 year) reserve life index

[CanadianOil2022]

.Surge Energy with 200% Upside according to WALL STREET Raymond James says in fact Multiple Expansions According to Jeremy McCrea  CEO Paul Colborne thinks Raymond James $12 target is Right .CEO Paul Colborne said $300,000,000`in 2022 Cashflows at $80 Raymond James says $12/share target.Surge's upwardly revised exit 2021 and preliminary 2022 guidance is reconfirmed as follows: