Surge Energy Inc (Alberta) T.SGY

CEO Paul Colborne thinks Raymond James $12 target is Right

[CanadianOil2022]

.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:

Guidance	@ US $70 WTI*	@ US $75 WTI*	@ US $80 WTI*
Exit 2021 production	21,500 boepd (86% liquids)
Average 2022 production	21,500 boepd (86% liquids)
2022 Exploration and Development Capital Expenditures	$120 million
2022 Adjusted funds flow ($MM)	$245	$270	$295
Per share	$2.94/share	$3.23/share	$3.53/share
2022 Cash flow from operating activities ($MM)	$230	$255	$280
Per share	$2.76/share	$3.05/share	$3.35/share
2022 Free cash flow ($MM)4	$110	$135	$160
Per share	$1.32/share	$1.62/share	$1.92/share
2022 All-in payout ratio4	52%	47%	43%
2022 Net debt to annualized Q4/22 adjusted funds flow4	0.7x	0.6x	0.5x

...

[CanadianOil2022]

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: Guidance @ US $70 WTI* @ US $75 WTI*

[Dibah420]

Paul would be smart to publish FCF models @  WTI   $55  $60  $65   as well. He is avoiding his rear view mirror to 2014.

[fortunefavorsus]

Their floor on hedging is $68 for 1st quarter and $77 for second quarter for approximately 8,000 BOE.  So if they do crash oil for a short period they will be okay.  No way oil stays down with cost of  production rising/disincentives to drill and demand rebound next year.  They are just creating surging oil prices for next summer IMO.

[pennydredful]

SPAMMER  has   the  golden  touch    : SGY   now  down  5%   two  days   in a row.   He  is   even   a  mind    reader   ie    "Paul  Colborne thinks"...................................

[Chris007]

Unfortunately is not what Paul Colborne thinks that matters, its what the market thinks...down 5% two days in a row despite relentless pumping...its almost as if spamming a stock message board has no effect whatsoever on share price performance...shocking

[CanadianOil2022]

$300,000,000 CASHFLOWS 2022 = SURGE ENERGY CASHFLOWS PER SHARE MASSIVE 2022 UPDATE 2022 Cashflows are Massive Updated for SURGE ENERGY SGY  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:

[CanadianOil2022]

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: Guidance @ US $70 WTI* @ US $75 WTI* @ US $80 WTI* Exit 2021 production

[CanadianOil2022]

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: Guidance @ US $70 WTI* @ US $75 WTI* @ US $80 WTI* Exit 2021 production

[CanadianOil2022]

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: Guidance @ US $70 WTI* @ US $75 WTI* @ US $80 WTI* Exit 2021 production

[CanadianOil2022]

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: Guidance @ US $70 WTI* @ US $75 WTI* @ US $80 WTI* Exit 2021 production

[CanadianOil2022]

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: Guidance @ US $70 WTI* @ US $75 WTI* @ US $80 WTI* Exit 2021 production

[CanadianOil2022]

.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: Guidance @ US $70 WTI* @ US $75 WTI* @ US $80 WTI* Exit 2021 production

[CanadianOil2022]

Josh Young Top O&G fund 2021 Bought SURGE IN JUNE/21 Josh Young Bison Interests is buying additional Surge energy shares SGY since he first Bought in June 2021 for equivalent of $5.50 price per share, before the reverse split 8.5 for 1 share  Josh admitted he bought in the .65 cent range which is $5.50 per share  So at $5.12 Surge now a retail investor is buying in SGY at a

[CanadianOil2022]

Buy.