Surge Energy Inc

SGY-T

Analysis and Opinions about SGY-T

Signal
Opinion
Expert
BUY
BUY
July 17, 2014

Pays a good dividend. A little less volatile than TOU-T. It moves around and you have to be ready for it.

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Pays a good dividend. A little less volatile than TOU-T. It moves around and you have to be ready for it.

WATCH
WATCH
July 17, 2014

Chart shows a breakout at around $7. It is perfectly natural for a stock that has broken out of a resistance point, to retest. That looks like what is happening right now. It has had a little bit of a pullback and might retest the $7 area. You want to see the test successful, in other words, hit $7 and bounce off. If that happens, the stock looks strong.

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Chart shows a breakout at around $7. It is perfectly natural for a stock that has broken out of a resistance point, to retest. That looks like what is happening right now. It has had a little bit of a pullback and might retest the $7 area. You want to see the test successful, in other words, hit $7 and bounce off. If that happens, the stock looks strong.

BUY
BUY
July 16, 2014

Raised their dividend 3 times in the past year. Have been growing by acquisition. Now is harvest time because in their acquisitions, they will get at, and extract more value out of those assets. The one thing it doesn’t have right now is yield respect i.e. it trades at a pretty healthy yield in a market where the best trade at 4%-5%. Thinks this company will become one of the best. Don’t discount further dividend increases.

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Raised their dividend 3 times in the past year. Have been growing by acquisition. Now is harvest time because in their acquisitions, they will get at, and extract more value out of those assets. The one thing it doesn’t have right now is yield respect i.e. it trades at a pretty healthy yield in a market where the best trade at 4%-5%. Thinks this company will become one of the best. Don’t discount further dividend increases.

BUY
BUY
July 16, 2014

(Market Call Minute.) Their yield is too high for the assets that they have, therefore she thinks the price should go higher, which will lower the yield.

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(Market Call Minute.) Their yield is too high for the assets that they have, therefore she thinks the price should go higher, which will lower the yield.

HOLD
HOLD
July 14, 2014

Unless we get a correction in time, it may come down to $7. He would not worry about it on a short term basis. Thinks these names will roll over again in later July. Add to it below $7

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Unless we get a correction in time, it may come down to $7. He would not worry about it on a short term basis. Thinks these names will roll over again in later July. Add to it below $7

DON'T BUY
DON'T BUY
July 9, 2014

This is not contrarian in any way, shape or form. It has a lot of characteristics of the old income trusts and of the ones that got into tremendous trouble. Have zero cash, and just increased their dividend as they take over another company. Increased their debt load and shares outstanding. Looks at this as a stock with a tremendous amount of danger. This will be fascinating to look at in 5 years time, as they will have done really, really well, or may sell off non-core assets to raise money. Wouldn’t go close to this.

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This is not contrarian in any way, shape or form. It has a lot of characteristics of the old income trusts and of the ones that got into tremendous trouble. Have zero cash, and just increased their dividend as they take over another company. Increased their debt load and shares outstanding. Looks at this as a stock with a tremendous amount of danger. This will be fascinating to look at in 5 years time, as they will have done really, really well, or may sell off non-core assets to raise money. Wouldn’t go close to this.

COMMENT
COMMENT
June 30, 2014

3-year chart was compared with its peers through the iShares Capped Energy ETF (XEG-T). There was a huge spread in early 2013, probably due to interest rate fears, but the spread shrunk all of a sudden and got much smaller. It is now becoming a “market perform”, which is a good sign. One year chart indicates it definitely has more upside. 7.7% yield.

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3-year chart was compared with its peers through the iShares Capped Energy ETF (XEG-T). There was a huge spread in early 2013, probably due to interest rate fears, but the spread shrunk all of a sudden and got much smaller. It is now becoming a “market perform”, which is a good sign. One year chart indicates it definitely has more upside. 7.7% yield.

COMMENT
COMMENT
June 27, 2014

There are 6 or 7 mid-tier companies like this that he really likes because of their growth spectrum. Management has been able to deliver on the production pickup. He wouldn’t just own one, but would have a basket of them.

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There are 6 or 7 mid-tier companies like this that he really likes because of their growth spectrum. Management has been able to deliver on the production pickup. He wouldn’t just own one, but would have a basket of them.

BUY
BUY
June 26, 2014

Likes this. His “Reduce” support line is at $7.20, and the “Sell” support line is at $6.37. A typical energy chart in that a lot of them have moved up and are pulling back a little bit. Will have to wait and see where it breaks out.

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Likes this. His “Reduce” support line is at $7.20, and the “Sell” support line is at $6.37. A typical energy chart in that a lot of them have moved up and are pulling back a little bit. Will have to wait and see where it breaks out.

BUY
BUY
June 12, 2014

Just did an acquisition. Maybe a higher risk name, but you can get paid a nice dividend. All-in payout ratio of 89% for this year. Likes it. The risks are in credibility and execution. Make sure they do what they say.

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Just did an acquisition. Maybe a higher risk name, but you can get paid a nice dividend. All-in payout ratio of 89% for this year. Likes it. The risks are in credibility and execution. Make sure they do what they say.

PAST TOP PICK
PAST TOP PICK
June 9, 2014

(Top Pick Jun 20/13, Up 52.96%) Bought Long View. He is cautious in the current state of assets. Now prefers other names.

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(Top Pick Jun 20/13, Up 52.96%) Bought Long View. He is cautious in the current state of assets. Now prefers other names.

COMMENT
COMMENT
June 5, 2014

This has been doing a good job. They have been using a strategy of acquiring underappreciated assets that have lower declines. He would caution that this is a marketing darling, and the appetite is pretty good for it. He would prefer Crescent Point (CPG-T), but wouldn’t have a problem with this if you wanted to move out the risk spectrum a little. (See Top Picks.)

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This has been doing a good job. They have been using a strategy of acquiring underappreciated assets that have lower declines. He would caution that this is a marketing darling, and the appetite is pretty good for it. He would prefer Crescent Point (CPG-T), but wouldn’t have a problem with this if you wanted to move out the risk spectrum a little. (See Top Picks.)

DON'T BUY
DON'T BUY
June 2, 2014

Oil/gas is very capital intensive. You spend a lot of money to drill holes in the ground. Every barrel of oil that you sell, you have to find another barrel of oil at an economic value. Having to pay out high dividends is an expensive proposition. Paying out more in dividends and its capital requirements, to maintain production at a flat level then it actually earns. The mere fact that the stock is yielding so much, tells him the company is fatiguing investors by buying assets and selling stock and paying out dividends. If you look at the stocks that have done well in the last 3 years, they are the ones that have been growing production and not paying dividends.

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Oil/gas is very capital intensive. You spend a lot of money to drill holes in the ground. Every barrel of oil that you sell, you have to find another barrel of oil at an economic value. Having to pay out high dividends is an expensive proposition. Paying out more in dividends and its capital requirements, to maintain production at a flat level then it actually earns. The mere fact that the stock is yielding so much, tells him the company is fatiguing investors by buying assets and selling stock and paying out dividends. If you look at the stocks that have done well in the last 3 years, they are the ones that have been growing production and not paying dividends.

COMMENT
COMMENT
May 21, 2014

One way you can play this company to get it a little bit cheaper, is to Buy Longview (LNV-T), which they are acquiring. It probably trades at 1%-2% cheaper than the takeover price. The deal closes sometime in June. Likes the sustainability of the dividend on Surge and it’s in their DNA to grow the dividends through the years. Also, have some exciting plays in Saskatchewan. Dividend yield of about 8%.

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One way you can play this company to get it a little bit cheaper, is to Buy Longview (LNV-T), which they are acquiring. It probably trades at 1%-2% cheaper than the takeover price. The deal closes sometime in June. Likes the sustainability of the dividend on Surge and it’s in their DNA to grow the dividends through the years. Also, have some exciting plays in Saskatchewan. Dividend yield of about 8%.

TOP PICK
TOP PICK
May 8, 2014

Great management. 7%+ yield. Raised dividend 3 times. Are well ahead of plan on production. Lots of insider buying. Likes the growth.

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Great management. 7%+ yield. Raised dividend 3 times. Are well ahead of plan on production. Lots of insider buying. Likes the growth.

Showing 151 to 165 of 222 entries