Surge Energy Inc (Alberta) T.SGY

SURGE = $350,000,000 CASHFLOWS 2022, $12.75 PT

[CanadianOil2022]

SURGE ENERGY SGY $12.75/SHARE ANALYSTS NOW plus Raymond James Jeremy McCrea says $12+ per share in 2022 

Because their CASHFLOWS are incredible for only 83 million shares outstanding very small float 
$350,000,000 CASHFLOWS IN 2022 SGY the market cap is only $500million  
11 Analysts now Cover this great oil and dividends company

8% Dividends in May 2022 CEO Paul Colborne Says Yesterday 

[CanadianOil2022]

SURGE ENERGY SGY $12.75/SHARE ANALYSTS NOW plus Raymond James Jeremy McCrea says $12+ per share in 2022  Because their CASHFLOWS are incredible for only 83 million shares outstanding very small float  $350,000,000 CASHFLOWS IN 2022 SGY the market cap is only $500million   11 Analysts now Cover this great oil and dividends company 8% Dividends in May 2022 CEO Paul

[morrisminiman]

8% Dividends in May 2022 what does that mean? annually, quarterly, monthly? what? is it 8 cents per share or 8% on total value of your shares per year (which seems likely) ? Its been awhile since I received any meaningful dividend, so please explain. Seems like a strange way to indicate a dividend.

[scienceguy36]

8% of the total value of your shares. Example... I have 10,000 shares x$ 6.30=  $63,000 x 8% = $5,040 annually devided by 12= $420.00 paid monthly to shareholders of record  on the ex-dividend date which is usually 1 or 2 days before the end of the month. Surge paid 10% dividend a few years ago before Covid collapse.

[scienceguy36]

A few years back I did quite well buying SGY a few days before the ex-dividend and then selling a couple of days later and repeat the next month. Normally, the stock price goes down after the ex-dividend date to reflect the dividend payout but SGY was up and down like a yo-yo, so you could pretty much buy in before ex-dividend date - collect the dividend and then sell a couple days later for close

[zack50]

Morrisminiman... here's what PC said in his presentation... It is Surge's intention to institute a dividend using ~$30M to $40M of the $130M FCF that has been generated thur far. If we use today's closing price of $6.35 p/s, then his reference of an 8% yield would translate into ~$0.52 p/s annual dividend or $0.13 p/s quarterly. Of course it might be a one-time "special"

[CanadianOil2022]

Surge energy Management is Great and Raymond James Jeremy McCrea says $12.... $12 per share in 2022 Facts Are Facts  8% Dividends Starting May CEO Paul Colborne says

[CanadianOil2022]

Paul Colborne rumour has it said Eric has a terrible 5 and 10 record and only got lucky for one year. Paul told Eric he means nothing only thing matters is Surge's oil production  SURGE = $350,000,000 CASHFLOWS 2022, $12.75 PT Surge energy Management is Great and Raymond James Jeremy McCrea says $12.... $12 per share in 2022 Facts Are Facts    8% Dividends Starting May CEO

[CanadianOil2022]

SURGE 10% Almost Bought Eric Nuttall 7,500,000 SGY 9%  RAYMOND JAMES JEREMY MCCREA SAYS $12/SHARE SGY  Eric Nuttall, by his own admission, has NOT sold his complete position in SGY and moved on. He initially purchased a 9% stake in the company about 3 weeks ago from private equity shareholders who wanted out. The shares were purchased at a distressed price... the stock price rose ~23

[CanadianOil2022]

... SURGE 10% Almost Bought Eric Nuttall 7,500,000 SGY 9% RAYMOND JAMES JEREMY MCCREA SAYS $12/SHARE SGY  Eric Nuttall, by his own admission, has NOT sold his complete position in SGY and moved on. He initially purchased a 9% stake in the company about 3 weeks ago from private equity shareholders who wanted out. The shares were purchased at a distressed price... the stock price rose ~23