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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

Surge Energy Inc (Alberta) > Ncib puts a bottom price in place
View:
Post by Tradestay on Jul 16, 2024 10:31am

Ncib puts a bottom price in place

With the current low share count the NCIB will easily place a bottom below the share price in my opinion. 

Then the increase dividend does the same and will keep increasing as the share count falls.

Time to buy more and hold what I have here.
Comment by Kpitreal on Jul 16, 2024 12:30pm
Decrease shares outstanding drives EPS up. Great dividend  7 percent paid monthly. SGY will compound nicely. Re ratings will come.
Comment by lnggasfor202324 on Jul 24, 2024 3:10pm
Maybe Paulie and crew needs to go on you tube again and promote SGY.
Comment by Herfa1 on Jul 25, 2024 12:04am
Why? The company is buying back the stock at a cheap price.
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