Surge Energy Inc

SGY-T

Analysis and Opinions about SGY-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
May 24, 2019
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)
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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)
DON'T BUY
DON'T BUY
April 26, 2019
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.
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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.
DON'T BUY
DON'T BUY
March 8, 2019
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.
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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.
TOP PICK
TOP PICK
February 28, 2019
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)
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Surge Energy Inc (SGY-T)
February 28, 2019
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)
COMMENT
COMMENT
January 30, 2019
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.
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Surge Energy Inc (SGY-T)
January 30, 2019
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.
COMMENT
COMMENT
January 25, 2019
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.
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Surge Energy Inc (SGY-T)
January 25, 2019
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.
TOP PICK
TOP PICK
January 24, 2019
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)
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Surge Energy Inc (SGY-T)
January 24, 2019
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)
COMMENT
COMMENT
January 18, 2019

Cash flow per share is flat. Balance sheet is imperfect. 114% payout ratio (not bad), and there is 10% production growth. It ticks some boxes. A lower-quality oil name, but has higher torque to improving oil prices.

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Surge Energy Inc (SGY-T)
January 18, 2019

Cash flow per share is flat. Balance sheet is imperfect. 114% payout ratio (not bad), and there is 10% production growth. It ticks some boxes. A lower-quality oil name, but has higher torque to improving oil prices.

COMMENT
COMMENT
January 17, 2019
A mid-cap producer. They reduced their capital budget yesterday as a reflection on prices. He'd like to see them reduce their debt even more.
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Surge Energy Inc (SGY-T)
January 17, 2019
A mid-cap producer. They reduced their capital budget yesterday as a reflection on prices. He'd like to see them reduce their debt even more.
HOLD
HOLD
January 9, 2019
He likes the dividend. They postponed a dividend increase late last year on the heels of a recent acquisition. It is too early to know if that decision will change. He is optimistic differentials will help their light oil production. He will continue to hold it. The dividend is sustainable he thinks.
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Surge Energy Inc (SGY-T)
January 9, 2019
He likes the dividend. They postponed a dividend increase late last year on the heels of a recent acquisition. It is too early to know if that decision will change. He is optimistic differentials will help their light oil production. He will continue to hold it. The dividend is sustainable he thinks.
TOP PICK
TOP PICK
December 17, 2018
They just made an acquisition to increase their volumes. Book value is twice their stock price. They have a decent balance sheet with a decent, sustainable dividend. (Analysts’ price target is $2.88)
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Surge Energy Inc (SGY-T)
December 17, 2018
They just made an acquisition to increase their volumes. Book value is twice their stock price. They have a decent balance sheet with a decent, sustainable dividend. (Analysts’ price target is $2.88)
TOP PICK
TOP PICK
November 19, 2018
Dividend is almost 6%. They made a recent acquisition and if the price of energy goes back up they can think about a dividend increase. It could be a double or a triple. (Analysts’ price target is $3.35)
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Surge Energy Inc (SGY-T)
November 19, 2018
Dividend is almost 6%. They made a recent acquisition and if the price of energy goes back up they can think about a dividend increase. It could be a double or a triple. (Analysts’ price target is $3.35)
WAIT
WAIT
November 14, 2018
We have been in a gas bear market for 4 years. This space has been decimated. It is a medium oil producer in Alberta. They continue to grow but have too much debt. They should be fine when prices recover.
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Surge Energy Inc (SGY-T)
November 14, 2018
We have been in a gas bear market for 4 years. This space has been decimated. It is a medium oil producer in Alberta. They continue to grow but have too much debt. They should be fine when prices recover.
PAST TOP PICK
PAST TOP PICK
November 9, 2018
(A Top Pick Sep 21/18, Up 32%) This is a cash flow play. They have positive cash flow. They have strong management and is clearly oversold. They are profitable. He did not expect oil to drop to $59. It is more volatile than the index. It is a safe, risky play.
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Surge Energy Inc (SGY-T)
November 9, 2018
(A Top Pick Sep 21/18, Up 32%) This is a cash flow play. They have positive cash flow. They have strong management and is clearly oversold. They are profitable. He did not expect oil to drop to $59. It is more volatile than the index. It is a safe, risky play.
HOLD
HOLD
October 26, 2018

This is getting whipped around like all energy stocks. They just made an accretive acquisition. The balance sheet is now very reasonable. Payout ratio is 94%. Pays a 4.1% dividend. 4.8x valuation. He likes it, but wouldn't throw a lot of money at this until the oil patch improves (the wide WCS discount vs. WTI). You can hold onto it. Oil in general won't improve until pipelines are built.

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Surge Energy Inc (SGY-T)
October 26, 2018

This is getting whipped around like all energy stocks. They just made an accretive acquisition. The balance sheet is now very reasonable. Payout ratio is 94%. Pays a 4.1% dividend. 4.8x valuation. He likes it, but wouldn't throw a lot of money at this until the oil patch improves (the wide WCS discount vs. WTI). You can hold onto it. Oil in general won't improve until pipelines are built.

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