Surge Energy Inc (Alberta) T.SGY

What is the quailty of this last graph ?

[PUNJABI]

I went through Eric tweets for one year to look at his two previous graphs. Those graphs projected similar data but were using FCF at $70 WTI. He tweeted them on  Nov 24, 2021 and Dec 6, 2021

When I compare all three graphs of Nov 24, Dec 6 and yesterday. They have most of the same companies showing up with few changes. For example, In the two older graphs ATH was on them and SGY did not appear. In the last one, I don't see ATH but has SGY.

The other observation is that the timelines to privatize have not changed much over one yeartime frame yet some of the share prices of the oil companies included have multiplied. E.G VET was trading at $6 with 158m shares and a market cap of under one billion-plus debt. Now the share price is around  $18.4 with a market cap of about 3 bliion plus debt. They bought another company too. The new chart is based on WTI $80 and not $70 at $10 higher. Now just $10 higher  FCF would be sufficient to cover some of the increase in the market cap of the companies. During one year some of the companies have reduced their debt too.

I am not sure the latest chart is taking into account all the changes that have taken place over one year and how the share price and market caps of some of the companies have multiplied.  I was expecting much bigger and longer timelines to privatization.

The last chart needs further investigation to ensure that they have taken into account all huge increases in the market cap of most of the oil companies over one year and that $10 increase is sufficient and does not extend the time lines significantly.

One has to look at the data on which these graphs have been created to be sure. Or take one company as a sample that has less variable ( no sale of purchase of assets) and see if the second chart is reliable. It can be done. It will prove if these charts are supported by quality data or not.


I hope these institutions are doing quality research and taking into account all the constantly changing variables.

[downtozero]

Eric's graphs are to support Eric's fund. They have only a little basis in reality, ignoring many facts. I'm happy with that so long a Eric's graph boosts SGY share price.

[cahclick]

Thanks for your great posts. Your insight is much appreciated. I'm an ATH shareholder and made the same observation as you about ATH not appearing on the latest chart. Not sure if it's meaningful or just an oversight. Anyway, thanks again. Seems VET, and SGY are overdue for a jump up. Maybe Q4 results will be the catalyst  glta  

[downtozero]

ATH is there. Look right. 30 year inventory, buys itself in 2.7 years.

[downtozero]

Ooops, that's MEG not ATH. Belay my last post.

[pennydredful]

The    posts   are garbage  cause  they  ignore  how  much   debt   each  company  has. 

[PUNJABI]

Buy back all shares and debt.