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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: Don't understand Nuttals reasoning-seems like Surge made a good investment at 4.45$ a share with dividends of 4.5 million a year and can sell the shares if they desire.Seems like it doesn't weaken the assests and the downturn as results of Eric's comments enabled me to add to my position at 5.70 $ a share today
Read Answer Asked by terrance on March 13, 2014
Q: I bought Surge a few months back, and added more a month ago. My ACB is just over $6, and it makes up about 3% of my portfolio. I know you like it, and am considering increasing holdings to a full position of 4%. However, it has been a very poor performer over the last few weeks, and I have some concern that people may see it as another Crescent Point (isn't it partly the same management?) with endless new shares and dilutions. Think it is better to sit tight, or do you view it as a good buy at the current price? Please also comment on the distribution stability.
As always, thank-you
Read Answer Asked by grant on March 10, 2014
Q: I have a question about Surge Energy, SGY. From your comments and answers to other questions, you seem to like the company and speak favourably of it. My question is, SGY is not an "official" recommendation. What is it about the company that keeps you from formally recommending it? Does it have deficiencies or risks that concern you? Thanks again for your help.
Read Answer Asked by Donald on March 10, 2014
Q: Hi Peter and Team, boy-oh-boy, a lot of Q&A's on Surge, SGY, lately and I'll yet add another of my own again, sorry but I have to ask, at current price and yield (5.70/9.5%), and considering what has already been stated by the team, is this a really good (table pounding) buy situation? Good solid volume as well, are we missing something here considering they just raised cash recently at 6.20? Thanks!
Read Answer Asked by Hussein on February 28, 2014
Q: Hi Peter and team,
Re Surge SGY:
In my experience a dividend above 7 to 7.5% can be a bit of a warning flag.
I am puzzled as to why a smallish growth company, SGY, has the dividend as high as it is (8.6% I believe).
Can you clarify this, and give your assessment of the risk level of this company. I am considering taking a position representing 6% of my portfolio in it, in the context of a well balanced portfolio.
Thanks,
Mike
Read Answer Asked by Mike on February 18, 2014
Q: Peter, I have a nice gain in SU and CNQ but they are now about 8% of my portfolio each, which I suppose is too much. Would you suggest selling none, all or some percentage of both and purchasing Whitecap, Surge, Bellatrix, Tourmaline, or some other energy play with the proceeds. Thanks for your help as usual.
Dave
Read Answer Asked by David on February 09, 2014