Surge Energy Inc (Alberta) T.SGY

Smart management

[Momo25]

Smart management must buybak shares now to boost the SP, even if dividend payment is delayed for 1 or 2 months.. it is a unique opportunity that has immdiate impact on both share price and dividend. Less volume of shares equals better share price and higher dividend.

[Al42]

Hmm..I don't think the two words "smart and management"go together with SGY!

[harvester]

Watch the sp tank if they suspend the dividend. Only way out of this mess is skyrocketing oil price or buyout

[Momo25]

If the dividend is suspended for a 6 month period then reinstated, it's all good. That means SGY can buyback shares at a discounted price allowing the share price to increase proportionnaly. Same rational applies to dividend. 

[Westcoastenergy]

SGY would tank 25-30% if they suspended the dividend.  I think their only hope for attracting future investors is to increase the dividend to the highest sustainable level to get noticed.  Otherwise, it will be a slow, continuous slide lower until the dividend nears 9-10% and investors, willing to take a risk,  take note. I'm out but I may be back in the new year once my 30 day

[brewster123]

Share buybacks is the way to go.  November buybacks were not great - buy more!! Keep the dividend as is and provide a Special Dividend if FCF warrants.

[Momo25]

Increasing dividend will jeopardize the payment of the debt (still at 175 M). The whole problem of this company is its debt that looks heavy in the context of depressing oil price. Management executives have a window to accelerate the share buyback, they can do it 2 ways or maybe 3: reducing dividend payment, reducing debt payment, reducing moderately both debt and dividend to buyback more shares.