Q: How will the market react to the update from Surge, relative to reduced capex, debt repayment and the anticipated dividend cut? Is this now a good time to top up our holdings in SGY?
Thanks,
Steve
Thanks,
Steve
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Morning or should I say mourning ... although I am expecting a large dividend cut can you tell me if Surges stock price could actually go under $2 and if the company is strong enough to withstand this pounding?? Is it a takeover candidate? Thanks as always.
Q: One more question about Surge. I note that the insider buying has remained quite constant during the recent downturn and in large amounts. In addition there has been no sales to speak of. I know that insiders are not infallible but does this not speak to their confidence in the boards ability to maintain the dividend and the recovery in the share price?
Q: We have Crescent Point and Surge Energy in our RRSP's. We're not wanting to sell and are prepared to hold on for long term. My thought is to move what I can into our TFSA's while the price is down. Thoughts?
Q: Hi Peter and Team:
In my Tax saving account, I bught SGY at 7.99 in August 2014 & QST at 3.65. Now SGY is down to 3.65 & QST is down to 2.80. what's your suggestion? do I sell or hold? what do you think those 2 companies fundamentally? I am long term investor.
thank you so much for your excellent service.
In my Tax saving account, I bught SGY at 7.99 in August 2014 & QST at 3.65. Now SGY is down to 3.65 & QST is down to 2.80. what's your suggestion? do I sell or hold? what do you think those 2 companies fundamentally? I am long term investor.
thank you so much for your excellent service.
Q: Another crystal ball question-You talk about wading in slowly to a position. What is your best guess-once a week/two weeks/month etc until what you have to invest is used up?
Q: I believe that SGY will rebound sharply but want to use a five figure loss to reduce my capital gains this year. In the meantime what stock or etf would you recommend to replace SGY either temporarily or long term.
Thanks for the great service you provide.
Alex
Thanks for the great service you provide.
Alex
Q: Hi Peter and Team, Do you think that SGY's yield of 14.085% is sustainable until some stability returns to the oil market? Hopefully they won't do a "COS". Thanks!
Q: I have a little more than one half of 1% holding in SGY with a similar amount of WCP and RRX.I am thinking of doubling down on SGY. Your thoughts?
Q: Morning ...first of all I want to thank you and Ryan for answering all our concerns regarding the oil sector. These are trying times for us amateur investors (especially me) ...we are living the results of proper diversification and weightings, I think these are valuable lessons for all of us. My question is this ...you mention the hedging aspect of companies selling oil at a certain price ,can you tell me how far into 2015 does Surges hedging go? Would I be correct in presuming the dividend is safe till new prices (lower) then hedged in? Thanks as always.
Q: Do you still think Surge Energy is a hold? I have a 3 year time frame. Thanks,
Q: Hello Peter and Team, and yes, another query on Energy stocks.
Could you assess the respective growth potential of the following stocks against each other, in the context of a long term hold? They would be: SGY,WCP,BTE,PHX,WRG and HWO In order to keep my Energy weighting in check, I would consider investing in the two best valued,of the five listed. Thanks as always for an invaluable service!
Rick
Could you assess the respective growth potential of the following stocks against each other, in the context of a long term hold? They would be: SGY,WCP,BTE,PHX,WRG and HWO In order to keep my Energy weighting in check, I would consider investing in the two best valued,of the five listed. Thanks as always for an invaluable service!
Rick
Q: I was under the impression an announcement by OPEC would possibly help the energy sector. Your insight and ever confident outlook would help me with SGY's future.Thanks for all you do.Al.
Q: Just wondering if I should continue holding Surge Energy and if the dividend is safe? It seems to be under a lot of pressure with falling oil prices. Also Crescent Point seems to fall into the same position. Thank you for your great help, Herb
Q: Hello everyone,
I have a bit of cash hanging around and debating on either of the two above-mentioned stocks...I'm aware it's foolish to try and time the market; however, both stocks have an impending deadline for me:
1) ATD.b will drop, rise or flatline tomorrow based upon earnins report, hence the time factor;
2) SGy ex div is the 26th, once more the time factor...
Would like to know your input on both options.
cheers
Stu
I have a bit of cash hanging around and debating on either of the two above-mentioned stocks...I'm aware it's foolish to try and time the market; however, both stocks have an impending deadline for me:
1) ATD.b will drop, rise or flatline tomorrow based upon earnins report, hence the time factor;
2) SGy ex div is the 26th, once more the time factor...
Would like to know your input on both options.
cheers
Stu
Q: Hi,
Please compare the financial metrics of these two oil producers for me and offer your thoughts on which would be the better buy at today's levels for a long-term hold. Would Surge be riskier than Spartan because of the risk of a dividend cut? Thank you.
Please compare the financial metrics of these two oil producers for me and offer your thoughts on which would be the better buy at today's levels for a long-term hold. Would Surge be riskier than Spartan because of the risk of a dividend cut? Thank you.
Q: Do you think Surge Energy is worth holding at current levels given the risk of a dividend cut? I understand their hedging program but as investors continue to panic sell the yield has become noticeably high...knowing the company the way you do, what is your best advice. Much thanks as always, Curtis
Q: Hi- can you comment on the use of hedging by SGY, do you know if they have a program in place like CPG and WCP? thanks
Q: Just wanted to clarify are dividents pegged to a certain share price? I notice that that dividents for SGY are currently almost 10% since the share price is down to $6. Will the dividents keep going up as the share price comes down..Can the company sustain this?
Q: Hi,
Could you expand on your answer regarding your thoughts on the oil commodity backdrop. Charts are suggesting longer term high US $, a long US Stock cycle & a long down period for commodities. Meaning stocks like SGY, even though good on fundimentals might suffer from being in an "out of favor" sector & therefor have little upside. So your insight into how long you thing oil might be on a down cycle.
Could you expand on your answer regarding your thoughts on the oil commodity backdrop. Charts are suggesting longer term high US $, a long US Stock cycle & a long down period for commodities. Meaning stocks like SGY, even though good on fundimentals might suffer from being in an "out of favor" sector & therefor have little upside. So your insight into how long you thing oil might be on a down cycle.