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Surge energy comments
Posted: Sun Oct 22, 2023 7:30 am
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
Re: Surge energy comments
Posted: Sun Oct 22, 2023 7:43 am
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
Re: Surge energy comments
Posted: Sun Oct 22, 2023 9:13 pm
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.

LOL