Q: I own Surge Energy which is down 54% and presently represents 1% of my portfolio. I want to slowly build up this sector by starting to buy again into Surge but I thought I should also add another name and keep the 2 within the overall 5% range of the total. What other name would you recommend. Thanks. Gerry
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: My simple calculation for SGY NAV is $4.01 whereas the corporate report states $4.88. I'm not an accountant - please explain.
Thank you.
Thank you.
Q: Hello,
I am down 74% on Surge Energy and still hanging on. I understand their debt to capital ratio is 12% which seems low so I am expecting that they should be able to survive this crisis. The insiders are buying heavily. I am thinking of buying more at the current very low price now as I really only have a half position in it. Would you agree with this thinking and strategy? I dont need the money for a few years. Or should I top up my position in Whitecap which does not have the same low debt and heavily insider buying? Thanks for your help!
I am down 74% on Surge Energy and still hanging on. I understand their debt to capital ratio is 12% which seems low so I am expecting that they should be able to survive this crisis. The insiders are buying heavily. I am thinking of buying more at the current very low price now as I really only have a half position in it. Would you agree with this thinking and strategy? I dont need the money for a few years. Or should I top up my position in Whitecap which does not have the same low debt and heavily insider buying? Thanks for your help!
Q: The best to Ryan, Peter (and staff) during the festive season. Could you please compare Surge and Twin Butte and comment on whether SGY could possibly take the same road as TBE ? TY.
Q: Hi Peter and Team,
Could you please comment on Surge Energy's third quarter results. How do you rate Surge Energy based on 3rd Q result?
Thanks
Victor
Could you please comment on Surge Energy's third quarter results. How do you rate Surge Energy based on 3rd Q result?
Thanks
Victor
Q: i have a small weighting in oil by owning SGY,WCP,TOG,andSPE.In your opinion what is the out look for these type of companies if oil stays range bound between 45-50 dollars a barrell for the next 12-18 months?
Q: Hi 5i team,
I know you recommend keeping sector allocations during all ups and downs and my energy is just 2.8%, PEY at 1.3% and WCP at 1.5%. I am considering adding SGY (or something else)at 2.2% now to top up to 5%. Any comments are welcome.
Thank you for your unending expertise.
Ted
I know you recommend keeping sector allocations during all ups and downs and my energy is just 2.8%, PEY at 1.3% and WCP at 1.5%. I am considering adding SGY (or something else)at 2.2% now to top up to 5%. Any comments are welcome.
Thank you for your unending expertise.
Ted
Q: Mourning ... yesterday a question was posted in regards to Paul Colbourne webcast at the Denver O+G conference. Can you decipher his comments and is the dividend safe at $40 oil? Also a prediction of $70 oil by Oct/Nov was made by another fella ...can you also see this happening?Thankyou.
Q: I was told that surge energy was offered $5 per share by a major oil company just recently but declined the offer. Do you know of any other info. about surge at this time. I will continue to hold my shares I think.
Thx Blake
Thx Blake
Q: I had it recorded that Surge was to report their results on July 29, now I see where they are expected on July 30 (today) but interestly I can find no announcement from Surge on exactly when they would announce their results. Do you have insight on when their Q2 2015 will be made available to investors.
Q: Hi Peter and 5i Team,
I currently own SGY. Because of the decrease in the stock price my position is only about 2.5% (down from 5%). Do you recommend keeping this stock, putting more into it or selling it and buying another stock from your Growth portfolio? Like BOS, DRT, or TC?
Thanks for all your help!
Best wishes,
Terri.
I currently own SGY. Because of the decrease in the stock price my position is only about 2.5% (down from 5%). Do you recommend keeping this stock, putting more into it or selling it and buying another stock from your Growth portfolio? Like BOS, DRT, or TC?
Thanks for all your help!
Best wishes,
Terri.
Q: I realize it's less than 3 weeks from your last comment on the CFO departure, but I am wondering if you've had any more insight?
Q: where can I find info. on the amount of shares shorted on a TSX listed stock.
Thx
Thx
Q: I am trying to make sense of the latest insider trading report on SGY. It appears that large numbers of warrants owned by insiders expired unexercised on July 2. Is this correct? Does it mean the warrants were under water?
Q: Pls comment on CFO departure.
Q: I hold RMP based on your recommendation of it being one of the better O&G stock. However it has been going nowhere but down for quite sometime. Would you suggest I sell it and buy either TVE, SGY or TDG as SGY seems like it is gaining momentum and TVE and TDG have recently been recommended by multiple analysts. Thanks
Q: Hi folks,please get your opinion on Q results for Surge energy.Reported loss but believe was impairment writedown,otherwise results looked good.Currently hold position after asset selloff & insider buying.Would u rate stock;buy,hold,or sell.Thanks as always
Q: There was a recent laudatory article in Seeking Alpha extolling the virtues of Surge. The author made two points that stood out for me. First, that the break even point for the company is $36 per barrel (don't know if that is Cdn$ or US$). Second, that Surge made a recent announcement that their reserves on their Upper Shaunavon development are now estimated to be 250,000 barrels vs the previously announced 50,000 barrels.
Do you concur with these two points and if so, does that reduce your concerns about Surge going forward?
Thanks for the insight.
Paul F.
Do you concur with these two points and if so, does that reduce your concerns about Surge going forward?
Thanks for the insight.
Paul F.
Q: Would appreciate your thoughts on Surge asset sale today. They indicate intent to reduce their debt to $135 million from over $500 million with maintenance of their production. Seems to have dramatically reduced their risk profile.
Q: When buying a company is it better to buy in only one account or purchase the stock in several accounts? I currently own SGY but in both the RRSP(2) and TFSA(2) account. Going forward with buying some stocks recommended from your portfolios just wondering if it is just better to purchase the amount up to 5-10% in one account?
Thanks
Dolores
Thanks
Dolores