Surge Energy Inc

SGY-T

Analysis and Opinions about SGY-T

Signal
Opinion
Expert
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.

DON'T BUY
DON'T BUY
October 19, 2018

He would avoid this one as it is a small cap stock that investors have no interest in presently. It has failed to gain any institutional interest. Without that support, valuations will not improve. There are better opportunities out there.

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Surge Energy Inc (SGY-T)
October 19, 2018

He would avoid this one as it is a small cap stock that investors have no interest in presently. It has failed to gain any institutional interest. Without that support, valuations will not improve. There are better opportunities out there.

BUY
BUY
October 9, 2018

Schachter has liked this company for a long time. The company is in the midst of an acquisition ($320 million) that will add significantly to its production. The dividend will increase if the acquisition goes through. He has a $3.70 12-month target and an $8.70 target for the cycle (2023). Yield is 5%.

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Surge Energy Inc (SGY-T)
October 9, 2018

Schachter has liked this company for a long time. The company is in the midst of an acquisition ($320 million) that will add significantly to its production. The dividend will increase if the acquisition goes through. He has a $3.70 12-month target and an $8.70 target for the cycle (2023). Yield is 5%.

PAST TOP PICK
PAST TOP PICK
September 28, 2018

(A Top Pick September 15/17 Up 36%) It has turned things by deleveraging and doing a key acquisition that the market liked. He looks forward to seeing the company trade back to normal mulitples and looks forward to a 14% return.

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Surge Energy Inc (SGY-T)
September 28, 2018

(A Top Pick September 15/17 Up 36%) It has turned things by deleveraging and doing a key acquisition that the market liked. He looks forward to seeing the company trade back to normal mulitples and looks forward to a 14% return.

TOP PICK
TOP PICK
September 21, 2018

The company is generating 30% earnings growth over the year and a similar growth for production per share. They have low debt and a great yield. He is projecting significant growth in earnings going forward to help reduce the high cash flow multiple. They are increasing their production and if oil moves back to $80, this stock will trade substantially higher. Yield 4.0%. (Analysts’ price target is $3.51)

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Surge Energy Inc (SGY-T)
September 21, 2018

The company is generating 30% earnings growth over the year and a similar growth for production per share. They have low debt and a great yield. He is projecting significant growth in earnings going forward to help reduce the high cash flow multiple. They are increasing their production and if oil moves back to $80, this stock will trade substantially higher. Yield 4.0%. (Analysts’ price target is $3.51)

BUY
BUY
August 13, 2018

He likes it and is on their coverage list. It is trading significantly below book value. It is a very cheap stock. Book value is $3.32. This stock is a definite buy under $2.00. He has a 1 year target of $ 3.70 and a 3-5 year target of $8.00.

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Surge Energy Inc (SGY-T)
August 13, 2018

He likes it and is on their coverage list. It is trading significantly below book value. It is a very cheap stock. Book value is $3.32. This stock is a definite buy under $2.00. He has a 1 year target of $ 3.70 and a 3-5 year target of $8.00.

BUY
BUY
July 16, 2018

The balance sheet has 34% debt. It could be an $8.50 stock over the next year.

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The balance sheet has 34% debt. It could be an $8.50 stock over the next year.

DON'T BUY
DON'T BUY
June 11, 2018

There are other management teams he likes more.

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There are other management teams he likes more.

COMMENT
COMMENT
May 3, 2018

The story is really improving with higher oil prices. Balance sheet looks better now. Valuation is in line with peers. A small cap with a dividend that looks OK. Other companies offer better opportunities, but a story that has improved.

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The story is really improving with higher oil prices. Balance sheet looks better now. Valuation is in line with peers. A small cap with a dividend that looks OK. Other companies offer better opportunities, but a story that has improved.

BUY WEAKNESS
BUY WEAKNESS
May 1, 2018

It is on his action alert list. His target is $3.70 this year and $8.50 over the next 3-5 years. The balance sheet is decent, $246 million debt versus $776 million equity. The company is doing 15,700 boe/day, they are 80%-plus light oil. They have a 60 cent cash flow. He thinks the stock could back off into the low $2’s. The stock offers a 4% yield. Below $2 it is a table-pounding buy.

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It is on his action alert list. His target is $3.70 this year and $8.50 over the next 3-5 years. The balance sheet is decent, $246 million debt versus $776 million equity. The company is doing 15,700 boe/day, they are 80%-plus light oil. They have a 60 cent cash flow. He thinks the stock could back off into the low $2’s. The stock offers a 4% yield. Below $2 it is a table-pounding buy.

PAST TOP PICK
PAST TOP PICK
April 3, 2018

(A Top Pick June 12, 2017. Down 9.98%). This has a great balance sheet and a high dividend. The debt is $246 million against $776 million equity. Book value is $3.33 compared to the price on the day of the interview of $1.95. The company traded at 1.7x book value in 2014 so it could be a $5 or $6 stock. His target for Surge for 2018 is $3.70 with a yield of about 5%. In this market, a good price for this company is $1.90 and a price of $1.80 would be excellent.

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(A Top Pick June 12, 2017. Down 9.98%). This has a great balance sheet and a high dividend. The debt is $246 million against $776 million equity. Book value is $3.33 compared to the price on the day of the interview of $1.95. The company traded at 1.7x book value in 2014 so it could be a $5 or $6 stock. His target for Surge for 2018 is $3.70 with a yield of about 5%. In this market, a good price for this company is $1.90 and a price of $1.80 would be excellent.

HOLD
HOLD
March 8, 2018

Good management and their 5 year plant tries to balance sustainable dividend and capital investment. It is not a well owned stock, almost 80% retail. Through the down turn management have been able to demonstrate the sustainability of the business model. Healthy growth and efficiently bringing debt down. He looks for moderate capital appreciation.

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Good management and their 5 year plant tries to balance sustainable dividend and capital investment. It is not a well owned stock, almost 80% retail. Through the down turn management have been able to demonstrate the sustainability of the business model. Healthy growth and efficiently bringing debt down. He looks for moderate capital appreciation.

BUY
BUY
February 12, 2018

He likes it. They have grown the company organically and by small acquisitions. The balance sheet is in good sheet. The dividend is safe.

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Surge Energy Inc (SGY-T)
February 12, 2018

He likes it. They have grown the company organically and by small acquisitions. The balance sheet is in good sheet. The dividend is safe.

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