Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
TSE:SGY
Surge Energy Inc (SGY.TO)
9.60
+0.14 (1.48%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
190 watching
Financials 
Technical Analysis 0
DON'T BUY
BUY
Been under pressure due to some operational challenges. Excellent management. Also, likes their assets. Produces a significant amount in natural gas although the story is more of an oil story at this time. Good price.
Bill BonnerOwned
oilgas
TOP PICK
Disappointing quarter last quarter. Production disappointing. Just a cheap story that gets better and is a survivor.
John StephensonOwned
oilgas
BUY
Not as bullish on this given his macroeconomic outlook on the smaller names but this is one he would be positive on. Very well managed. Lots of great prospects and good growth. No funding or balance sheet issues.
John StephensonOwned
oilgas
TOP PICK
Thinks it has the best go forward production. From 9000 now to 11000 bpd by end of year. Good at modern enhanced recovery. Strong balance sheet. Over 400 drilling locations in inventory. Great growth story for 3-5 years.
Michael DecterOwned
oilgas
BUY
Has been a victim of the Canada selloff in resource and oil stocks. Now trading at its proved reserve value using a $90 long-term oil price, which means you are getting all of their probable reserves, possible reserves and all of their un-booked inventory for free. Very cheap.
Eric NuttallOwned
oilgas
TOP PICK
Probably the best quality, most rapidly growing in the eastern Canadian basin. Great management team. Thinks this thing is in an upward growth curve.
Michael DecterOwned
oilgas
BUY
This one has been a top pick out his for a long time and remains one of his favourite names because of the oil focus, the asset base and what the company is doing.
Mason GrangerOwned
oilgas
TOP PICK
Outstanding management. Have taken the company from 2000 barrels a day to 9000 in 18 months and are planning to take it to 30,000. Have sort of 5 mini companies within the company and have a very clear strategy on how they are going to do it. Also have 400 net drilling locations. Have a lot of ability to put a lot of holes in the ground. Planning to use waterflood to take oil extraction from 2% to 10%.
Michael DecterOwned
oilgas
TOP PICK
In their former company, this management team posted something like 19 quarters of consecutive growth. Would rank this as a top tier management team. Good landholdings. Expecting them to exit the year at about 7500 barrels.
Mason GrangerOwned
oilgas
PAST TOP PICK
TOP PICK
Asset base from previous company was spread out and current management is trying to focus on some particular areas. History of making acquisitions that can be expanded and grown. Have a core area in Manitoba that is showing good results.
Don ShortOwned
oilgas
TOP PICK
When Breaker Energy was bought by NAL team re-emerged into this company. Had demonstrated 19 consecutive quarters of production growth. Tremendous unexploited asset base with 300,000 undeveloped acres. NAV is about $8.30.
Mason GrangerOwned
oilgas
'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20scale(-1,%201)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
Would be careful on this one. Solid team but really fell off the cliff in a hurry. Missed their Q3 numbers. Tried a completion technique that wasn’t working and then switched. Has been taking longer to get the wells to produce at the rates they expected. Also spent a lot more than they had intended. Concerned about their decline rates.