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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) > Market Cap / Enterprise Value* $520 MM / $845 MM
View:
Post by ppp on Jan 17, 2022 2:39pm

Market Cap / Enterprise Value* $520 MM / $845 MM

From todays presentaion. We all know EP value is MC + debt  so this means debt is 325 at the moment
Comment by ppp on Jan 17, 2022 2:46pm
This also means their targets are well with in reach for debt repayment in the first 6 months, at these oil prices. 
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