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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 befree on Oct 10, 2024 1:50pm

price

amazing  last couple days oil up from 72  to 76  and SGY manages to hold or dip just a bit
some frustrating   and we have alot of shares in this one  i just cannot understand why it cannot move
look at the analyst  targets      what gives ?

befree
in the Maritimes
Comment by PreludeSH on Oct 10, 2024 2:21pm
Debt still high relative to other oil plays, and management that loves doing M&A.  
Comment by befree on Oct 10, 2024 7:07pm
Sooooo     the analysts  say one thing  BUT  the investor says  NO maybe if the big dog  reads this he may learn someting i guess we have made the decision to hold and see what our leader is capable of  fortunately for us we have had some good ones and  this one is a bonus (  we r not under water with it) however one can always use a little ...more  
Comment by Northsea6 on Oct 12, 2024 2:57pm
As another Maritimer , your handle does say it all.Befree in the Maritimes.I used to own this one as well but threw in the towel after a couple of years of dismal performance and have no regrets for never looking back.Fortunately l invested what proceeds we got into another oil entity that has outperformed SGY by a landslide especially since it has a much higher dividend that l have always ...more