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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

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Post by sunshine7 on Jan 31, 2022 2:17pm

Stuck...

Oil up againg but little movement onSGY (and other oilies). What's up with that?
Comment by fortunefavorsus on Jan 31, 2022 2:35pm
Its accumulation before earnings reports that will be excellent for most companies.  While SGY will not have a great 4th quarter they can still tell us what that are doing 1st quarter and anticipated results for the year and maybe start of dividend.
Comment by pennydredful on Jan 31, 2022 2:37pm
What   is   up   with  that  is  that  Nutbar,s remaining  stock  is  over hanging the market.
Comment by sunshine7 on Jan 31, 2022 3:43pm
I see now that WCS is only up $0.16. Probably more relavant than WTI which is on fire. CD stronger as well.
Comment by fortunefavorsus on Jan 31, 2022 3:55pm
Isn't a majority production now WTI based light oil.  Differentials are also expected to tighten on WCS this year another reason to buy Canadian oil and SYG. WCS-WTI Differential Expected To Average In The $12-$13 Range This Year   The Western Canadian Select (WCS) differential to West Texas Intermediate (WTI) should average in the $12-$13 range this year as improved egress ...more  
Comment by sunshine7 on Jan 31, 2022 4:08pm
Thanks. Current diff is about $15.
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