Surge energy comments

Post Reply
Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Surge energy comments

Post by Fraser921 »

National Bank of Canada, comments on Surge. They now have crude at 81 for 2024, trading at about 2.5 x times cash flow per share... insane. They pay a 10 cent CAD quarterly dividend
Attachments
surge pg1.jpg
surge pg1.jpg (243.57 KiB) Viewed 2356 times
Last edited by Fraser921 on Sun Oct 22, 2023 7:52 am, edited 4 times in total.
Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Re: Surge energy comments

Post by Fraser921 »

other comments High torque to higher oil prices. This report was early September before the stellar gains in WTI last 6 weeks and uses @ 75 oil. RIsk is lower oil prices due to recession
Attachments
surge 2.jpg
surge 2.jpg (238.88 KiB) Viewed 2350 times
allen46
Posts: 168
Joined: Wed May 05, 2010 10:44 pm

Re: Surge energy comments

Post by allen46 »

Fraser, thanks again for posting this and the other things you have posted. I have a position in this one also. Now could you please post something about VTLE as it is my largest holding. :D :D LOL
Post Reply