Post by
zack50 on Mar 10, 2022 8:51am
This stands out...
Net income of $42.9-million or 54 cents per share for 2021 compared to a loss of $57.7-million or $1.44 per share for 2020. Adjusted funds flow was $43.3-million or 54 cents per share versus $8.5-million or 21 cents a year earlier.
Q1 results should be astronomical and if oil prices stay anywhere near current prices, we are in the money folks... 2022 will be a GREAT year for SURGE.
Comment by
steve957 on Mar 10, 2022 9:09am
oil wi going to make a new all time hogh soon, we could see 175- 200 a barrel
Comment by
fortunefavorsus on Mar 10, 2022 9:23am
Maybe see some insider buying tomorrow? If not then maybe a deal is in the works. A good asset sale could send this stock soaring.
Comment by
Franman184 on Mar 10, 2022 9:24am
We dont need an all time high. The start of Demand Destruction is probally in the 150 to 180 range. We just need to stay above $70. Unless there is demand destruction I cannot see oil going below $85 for the next decade. Everyone will complain about 120 a barrell but its unlikely to change behavior.