Surge Energy Inc (Alberta) T.SGY

Cheapest name in energy

[Rational43]

No other name has the metrics that SGY has, and there are a lot of very cheap oil companies out there.  

Its unloved right now, and doesn't have the Nuttall crowd moving it up, and of course no other fund in Canada cares about small cap oil producers.  

So what is the catalyst that makes this change?

For me, I think its going to be about Quarterly reports.  If you're a trader, I think you want to be in this name when its quarterly report time, becuase its there that the cash flow, debt reduction, and positive developments get their due.  
Q4 will still be limited by hedging, but Q1 22 report, mid year, will be a doozy.  

SGY is also a takeoever target for a larger smallcap, or a midcap, looking to bulk up, so I wouldn't rule that out, but I think this one is going to be one of the best performing names in the space in '22.

[zinger99]

Rational 43, I am in agreement with you - Q reporting over next 3-4 quarters should be very very strong. Other drivers for share price appreciation could be dividend declaration or the sale of a non-core asset. I would hate to see a buy-out offer before we get to see the financials into next year. Seems WTI has rebounded this week even with the continued VoC playing out across the globe. Lots of

[Bubba359]

Oh my Gawd, you sound like eraumping Kherson OIP everything rosey in your eyes. A takeover target , isn't that what super investor Kherson preached , it was Headwater then , who do you think. Our friend Kherson went all in on SGY and where did that get him . FANS , KHERSON a left the building. . Get it , SGYs  biggest supporter and aposter for many years has quit said Adios , so are you

[sweetMolly1]

  anyone adding at these levels ?