Surge Energy Inc (SGY.TO) Buy, Sell or Hold

Surge Energy Inc (SGY.TO)

9.60

+0.14 (1.48%)

as of Jun 19, 2026, 8:00:00 pm Market Open.

190 watching

BUY

Looks quite strong. Valuation attractive. Should be able to capitalize on their acquisitions. On his radar. He owns BIR and AAV.

DON'T BUY

Has gone through a couple iterations. Paid down debt through selling assets. If the company cannot return meaningful capital back, there is no catalyst. It is not attractive enough for him.

DON'T BUY

Consolidation of the small and mid-cap names is an important theme. There are better names to own in the space.

COMMENT

There were developments where activists are pressuring banks to no longer lend to energy companies. However, energy is one way for the country to get out of the debt problem and in his opinion this is even more reason to be bullish.

DON'T BUY

Right now, you want to focus on oil over gas, and in the small to mid cap space. He's always struggled with owning this. Highly leveraged. There are better opportunities. It's going to be a laggard. For now, you want to be in name brand companies.

PAST TOP PICK

(A Top Pick Jun 20/19, Down 66%) Of course, have been impacted by oil prices. They continue to pay down debt. Q2 and Q3 will have lower cash flows. It's been beat up and have a slight bounce from the low. He'll buy in Q4 during tax-loss selling. Nothing to move this stock up in the near term, though. It could fall below 30 cents in the next few quarters. Likes the company and its assets.

PAST TOP PICK

(A Top Pick May 24/19, Down 76%) They are producing 20,000 bpd -- 86% oil. The key issue is the balance sheet. They have been paying down debt, but took a large impairment loss that dropped their equity by $591 million. This has left them in a high debt to equity position. They have cut the dividend. He has lowered their target and won't buy more until they knock the debt down substantially. They have shut-in production of 4400 boepd, that is currently uneconomic. His target is $1 per share by Q4.

DON'T BUY

This is a never ever buy for him. They require $48 to keep production flat and pay the dividend. He prefers others.

PAST TOP PICK

(A Top Pick Feb 28/19, Down 23%) The company has come down, but he will continue to hold and will add to his position.

TOP PICK

He likes their dividend model. They are 85% liquids. He thinks they could increase the dividend come 2021. It trades at 2 times cash flow currently. His target is $2.41 per share. Yield 9.62% (Analysts’ price target is $1.58)

SELL

There are other positions where he is more comfortable with management, the assets and the payout ratio. He prefers others. Buy TOG-T or WCP-T in tax loss selling.

PAST TOP PICK

(A Top Pick Dec 17/18, Down 25%) 10% monthly paid dividend. He will be buying more of it. His target is $2.40 on $70 oil. Buy during tax loss season. They paid down a lot of debt. He likes the company and sees it growing nicely in the years ahead. (Analysts’ price target is $1.59)

TOP PICK

A 10% monthly dividend is attractive. They are knocking off the debt. [See his Past Picks for more]. (Analysts’ price target is $1.59)

DON'T BUY

Tax loss sell? He thinks tax loss selling may create a risk that you miss out on the gains. He would stay in the sector, don't move into cannabis or something else. He does not have a lot of confidence with this management team. He sees better alternatives.

DON'T BUY

There are other names he prefers. The market cap has become too low to attract institutional investors. Yield 8.7%

Showing 16 to 30 of 240 entries

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Surge Energy Inc (SGY.TO)