Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s): ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P

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

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Surge Energy Inc (Alberta) > Realizing the stock market does not always make sense

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Post by scienceguy36 on Jan 19, 2022 11:35am

Realizing the stock market does not always make sense

All the oil stocks i follow are down except HWX ( HWX trading at 38x p/e and 20.8 price to cash flow and has over 200 million shares outstanding with only 106 mil revenue) I can wrap my head around the last two days of profit taking from the oil stocks but i cannot figure out why HWX is trading where it is?

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Comment by scienceguy36 on Jan 19, 2022 11:42am

good example of where a stock can be be without any debt and only pumping 7000 bbls/day

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Comment by ariesleaf on Jan 19, 2022 12:08pm

OK WHO'S BEHIND ALL THIS STOCK PROPAGANDA.?

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Comment by shaker13 on Jan 19, 2022 3:35pm

Not sure but maybe ask https://www.datametrex.com/ Which is another stock I'm loaded on other then SGY / Ticker is V.DM They should be able to let you know in about 5 minutes lol, and why It's stock is poised to explode north in parabolic fashion any day now, trading at 1X PE Cash Rich & Zero Debt + Expotential Growth Trajectory Check their first 5 press releases of 2022 and ...more

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Surge Energy Inc (Alberta)