TSE:SGY
0.37
0.09
(30.36%)
Analysis and Opinions about SGY-T
Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
May 20, 2020
(A Top Pick May 24/19, Down 76%) They are producing 20,000 bpd -- 86% oil. The key issue is the balance sheet. They have been paying down debt, but took a large impairment loss that dropped their equity by $591 million. This has left them in a high debt to equity position. They have cut the dividend. He has lowered their target and won't buy more until they knock the debt down substantially. They have shut-in production of 4400 boepd, that is currently uneconomic. His target is $1 per share by Q4.
Show full opinionHide full opinion
(A Top Pick May 24/19, Down 76%) They are producing 20,000 bpd -- 86% oil. The key issue is the balance sheet. They have been paying down debt, but took a large impairment loss that dropped their equity by $591 million. This has left them in a high debt to equity position. They have cut the dividend. He has lowered their target and won't buy more until they knock the debt down substantially. They have shut-in production of 4400 boepd, that is currently uneconomic. His target is $1 per share by Q4.
DON'T BUY
DON'T BUY
March 6, 2020
This is a never ever buy for him. They require $48 to keep production flat and pay the dividend. He prefers others.
Show full opinionHide full opinionThis is a never ever buy for him. They require $48 to keep production flat and pay the dividend. He prefers others.
PAST TOP PICK
PAST TOP PICK
January 24, 2020
(A Top Pick Feb 28/19, Down 23%) The company has come down, but he will continue to hold and will add to his position.
Show full opinionHide full opinion(A Top Pick Feb 28/19, Down 23%) The company has come down, but he will continue to hold and will add to his position.
TOP PICK
TOP PICK
January 24, 2020
He likes their dividend model. They are 85% liquids. He thinks they could increase the dividend come 2021. It trades at 2 times cash flow currently. His target is $2.41 per share. Yield 9.62% (Analysts’ price target is $1.58)
Show full opinionHide full opinionHe likes their dividend model. They are 85% liquids. He thinks they could increase the dividend come 2021. It trades at 2 times cash flow currently. His target is $2.41 per share. Yield 9.62% (Analysts’ price target is $1.58)
SELL
SELL
December 19, 2019
There are other positions where he is more comfortable with management, the assets and the payout ratio. He prefers others. Buy TOG-T or WCP-T in tax loss selling.
PAST TOP PICK
PAST TOP PICK
November 21, 2019
(A Top Pick Dec 17/18, Down 25%) 10% monthly paid dividend. He will be buying more of it. His target is $2.40 on $70 oil. Buy during tax loss season. They paid down a lot of debt. He likes the company and sees it growing nicely in the years ahead. (Analysts’ price target is $1.59)
Show full opinionHide full opinion(A Top Pick Dec 17/18, Down 25%) 10% monthly paid dividend. He will be buying more of it. His target is $2.40 on $70 oil. Buy during tax loss season. They paid down a lot of debt. He likes the company and sees it growing nicely in the years ahead. (Analysts’ price target is $1.59)
TOP PICK
TOP PICK
November 21, 2019
A 10% monthly dividend is attractive. They are knocking off the debt. [See his Past Picks for more]. (Analysts’ price target is $1.59)
Show full opinionHide full opinionA 10% monthly dividend is attractive. They are knocking off the debt. [See his Past Picks for more]. (Analysts’ price target is $1.59)
DON'T BUY
DON'T BUY
November 15, 2019
Tax loss sell? He thinks tax loss selling may create a risk that you miss out on the gains. He would stay in the sector, don't move into cannabis or something else. He does not have a lot of confidence with this management team. He sees better alternatives.
Show full opinionHide full opinionTax loss sell? He thinks tax loss selling may create a risk that you miss out on the gains. He would stay in the sector, don't move into cannabis or something else. He does not have a lot of confidence with this management team. He sees better alternatives.
DON'T BUY
DON'T BUY
October 11, 2019
There are other names he prefers. The market cap has become too low to attract institutional investors. Yield 8.7%
Show full opinionHide full opinionThere are other names he prefers. The market cap has become too low to attract institutional investors. Yield 8.7%
PAST TOP PICK
PAST TOP PICK
October 10, 2019
(A Top Pick Nov 19/18, Down 30%) It is a dividend model and is a great one to buy. Next year it should have the ability to raise the dividend. It is sustainable right now.
Show full opinionHide full opinion(A Top Pick Nov 19/18, Down 30%) It is a dividend model and is a great one to buy. Next year it should have the ability to raise the dividend. It is sustainable right now.
TOP PICK
TOP PICK
September 16, 2019
Yield is still north of 8%. He has a $2.40 target. He sees the dividend being raised next year if oil is $70. Insiders are significant shareholders. (Analysts’ price target is $1.78)
Show full opinionHide full opinionYield is still north of 8%. He has a $2.40 target. He sees the dividend being raised next year if oil is $70. Insiders are significant shareholders. (Analysts’ price target is $1.78)
TOP PICK
TOP PICK
August 26, 2019
He has a $2.40 target. 9% dividend. 84% liquids. People should look at these kinds of names. Next year they could potentially raise the dividend. (Analysts’ price target is $1.78)
Show full opinionHide full opinionHe has a $2.40 target. 9% dividend. 84% liquids. People should look at these kinds of names. Next year they could potentially raise the dividend. (Analysts’ price target is $1.78)
DON'T BUY
DON'T BUY
August 16, 2019
All junior energy stocks have gone through hell and back, and we're enter weak seasonality. Wait till after tax-loss selling season before considering it or if the federal government changes.
Show full opinionHide full opinionAll junior energy stocks have gone through hell and back, and we're enter weak seasonality. Wait till after tax-loss selling season before considering it or if the federal government changes.
TOP PICK
TOP PICK
July 25, 2019
Dividend play. Thinks they'll raise dividend next year. Will be buying more. Yield is 7.94%. (Analysts’ price target is $1.81)
Show full opinionHide full opinionDividend play. Thinks they'll raise dividend next year. Will be buying more. Yield is 7.94%. (Analysts’ price target is $1.81)
TOP PICK
TOP PICK
June 20, 2019
84% liquids and a monthly dividend of about 9%. He has a $2.40 target. They have an ability to grow production as we get higher commodity prices. It is one of the three names he likes in the dividend space. It traded at $2.61 when oil was at $76 in 2018. (Analysts’ price target is $2.06)
Show full opinionHide full opinion84% liquids and a monthly dividend of about 9%. He has a $2.40 target. They have an ability to grow production as we get higher commodity prices. It is one of the three names he likes in the dividend space. It traded at $2.61 when oil was at $76 in 2018. (Analysts’ price target is $2.06)
Surge Energy Inc(SGY-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 5
Total Signals / Votes : 9
Surge Energy Inc(SGY-T) Frequently Asked Questions
What is Surge Energy Inc stock symbol?
Surge Energy Inc is a Canadian stock, trading under the symbol SGY-T on the Toronto Stock Exchange (SGY-CT). It is usually referred to as TSX:SGY or SGY-T
Is Surge Energy Inc a buy or a sell?
In the last year, 9 stock analysts published opinions about SGY-T. 4 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Surge Energy Inc.
Is Surge Energy Inc a good investment or a top pick?
Surge Energy Inc was recommended as a Top Pick by Josef Schachter on 2020-05-20. Read the latest stock experts ratings for Surge Energy Inc.
Why is Surge Energy Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Surge Energy Inc worth watching?
9 stock analysts on Stockchase covered Surge Energy Inc In the last year. It is a trending stock that is worth watching.
What is Surge Energy Inc stock price?
On 2020-06-05, Surge Energy Inc (SGY-T) stock closed at a price of $0.365.
