Q: Hi folks..thoughts/opinion of Q & FY22 results for Surge sgy/t...seem to have beat estimates across the board..also..I read that recently, Eric Nutall's fund bought 10% stake in Surge..is this correct??....thoughts going forward...thanks as always, jb Piedmont QC
Read Answer Asked by John on March 13, 2023
Q: Hi there,
Looking insight on the two oil companies Athabasca and Surge. What is forecast on 2023 on the cash flow. Will 2023 be a positive on both companies with record cash flow, potential buy share pay backs and dividends. What is your rating on the two companies. Thank you.
Q: I own Arc Resources. Some investors are suggesting the FCF is just not there anymore. It used to be higher (I believe around 25% FCF yield) but as of June 2022 it was reported to be closer to 15-17% FCF yield. Possibly one could get a higher yield with another energy company? I am thinking about selling, taking profits and adding to Surge Energy. I would like to hear your comments. Are there any issues with ARX? Thanks in advance!
Read Answer Asked by Maureen on November 29, 2022