Surge Energy Inc

SGY-T

There are other names he prefers. The market cap has become too low to attract institutional investors. Yield 8.7%

(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.

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)

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)

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.

Dividend play. Thinks they'll raise dividend next year. Will be buying more. Yield is 7.94%. (Analysts’ price target is $1.81)

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)

(A Top Pick Dec 17/18, Down 9%) Volumes were not as high as the market was expecting and the share price has stagnated. He still likes this and still calls it a Top Pick. A move to $70 for WTI will create some great capital gains. Yield 7.5%.

He continues to be a fan. They will have strong cash flows. They might even be able to raise the dividend. His target is $3.70 per share. Yield 8.06% (Analysts’ price target is $2.08)

A mid-cap oil producer. They have struggled because they are too small -- energy funds are trading the big boys. Yield 7.0% and the payout ratio is fine. He would not buy it -- there are better options out there.

This is a light medium oil producer. Given the market cap and leverage, he prefers others with a better balance sheet. Would recommend Torque Oil & Gas instead.

It is his dividend play today. It is a cheap stock. There is a dividend of about 7%. His one year target is $3.70. He owns the stock personally. They have a low payout ratio. (Analysts’ price target is $2.13)

Why is it not rising with oil prices? He has heard rumblings the dividend may not be sustainable, but has not evaluated this for himself. From an operations perspective he has done well with them in the past.

He would not own SGY-T. There are other companies that hold better assets and purchase them at better levels. He would choose TOG-T if you are looking for a sustainable yield instead.

85% light oil and 15% natural gas. It is a very low payout ratio. It is a monthly payout of more than 7%. It will be a fabulous rate of return. (Analysts’ price target is $2.15)