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Investor Insights

This summary was created by AI, based on 7 opinions in the last 12 months.

Experts are generally positive about Surge Energy Inc. They see potential for growth and profitability in the energy space, especially with the company's focus on improving drilling efficiencies and reducing debt. The company is trading at a discount to NAV and is expected to benefit from the fish bone drilling technique. With good cash flow and potential for special dividends, Surge Energy Inc. appears to be a solid investment option in the oil and gas sector.

Consensus
Positive
Valuation
Undervalued
BUY
Surge Energy Inc

The Canadian energy space will do well over time. He isn't long SGY, but likes it.

oil / gas
HOLD
Surge Energy Inc

Levered to oil price. Changed asset base toward profitability and scalability. Needs to improve drilling efficiencies and margins. Good job reducing debt. Probably by early 2024, can move return of free cashflow to shareholders from 25% to 50%. Yields just over 5%. He's focused on bigger players with more consistent dividend payments.

oil / gas
BUY
Surge Energy Inc

Trading at discount to NAV. Out of favor small cap name. TMX completion will benefit company. Benefiting from fish bone drilling technique. New wells paying out in months. At $80 oil, company trading at 3x cash flow yield. Expecting a 40% upside from current share price. 

oil / gas
TOP PICK
Surge Energy Inc

Generating good cash flow that will feed the dividend, share buybacks and production growth. Good managers and positioning. They've had good drilling results. SGY can make money if oil is above $75.

(Analysts’ price target is $12.80)
oil / gas
BUY
Surge Energy Inc

Owns ~9% of company.
Quality company.
Good exposure to "Fish bone" drilling.
Not on institutional investor radar.
Expecting share price to rise to ~$16. 

oil / gas
HOLD
Surge Energy Inc

Good exposure to multi-lateral drilling. So you get better productivity for a slightly higher cost. Excellent results. Assets are very good. Dividend is safe. A patient hold. Upside once mid-caps are in favour again. See his Top Picks.

oil / gas
BUY
Surge Energy Inc
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

EPS of $0.15 missed estimates of $0.1733 and revenues of $152.66M missed estimates of $158.8M. SGY delivered an increase in production of more than 22% over the prior year, and despite a drop in the price of oil, Surge's cash flow from operations increased by 4%. Management noted for its outlook it intends to continue to pay down debts, conduct share buybacks, and the possibility of a special dividend. The results were OK, it has traded sideways for roughly a year, but it is paying a ~6.0% dividend. Like most oil and gas stocks right now, it is trading at a cheap valuation, paying a good dividend, and has a strong balance sheet. We like the company's potential for a special dividend, and it is well-capitalized. If an investor has a positive outlook on the price of oil, we would be comfortable buying here.
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oil / gas
BUY
Surge Energy Inc

Owns 9.9% of company.
Having success on new drilling technique.
Lots of land for future drilling.
Expecting return of capital to shareholders.

oil / gas
BUY
Surge Energy Inc
Recently bought 9.9% of company. Implemented new design on oil well drilling. Quality company with strong prospects. Current share price mis priced. Share price target is $22 in the next 1.5-2 years.
oil / gas
BUY
Surge Energy Inc
Recently invested into the company. Is largest shareholder. Currently trading a ~1.9 cash flow. Expecting large pay down of debt and share buybacks. Planning for a double on the share price.
oil / gas
Unspecified
Surge Energy Inc
A smaller company but nothing wrong with it. Has paid down debt and is paying out an increasing amount of free cash flow.
oil / gas
HOLD
Surge Energy Inc
One of the few small cap energy stocks that doesn't own (hard to buy meaningful positions). Inexpensive stock that is trading at 1.8x cash flow and 35% free cash flow yield. Expecting company to be debt free this time next year. Hold shares if already own them.
oil / gas
BUY ON WEAKNESS
Surge Energy Inc
Working on cleaning up balance sheet. Potentially in the $20s in the next couple of years. 5-year price target of $40. Still a long way to go. Buy on weakness. Free cashflows at today's commodity prices will be spectacular, and this will attract investor attention.
oil / gas
BUY
Surge Energy Inc

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The results were positive. Production was up 22%. Cash flow more than doubled on a per share basis. The dividend should be reinstated this year. Results were ahead of estimates and the stock has taken off. Unlock Premium - Try 5i Free

oil / gas
BUY
Surge Energy Inc
Believes company has room to grow. Owns company shares. At $100 oil, company is very under valued.
oil / gas
Showing 1 to 15 of 240 entries

Surge Energy Inc(SGY-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 7

Stockchase rating for Surge Energy Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 7 stock analysts published opinions about SGY-T. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

7 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 2024-03-28, Surge Energy Inc (SGY-T) stock closed at a price of $7.7.