Q: Peter et. al. ... would Eric Nuttals comments on Surge Energy be difficult for you to comment on because of the close proximity to Sprott? Thanks and safe travel.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I bought Surge a few months back, and added more a month ago. My ACB is just over $6, and it makes up about 3% of my portfolio. I know you like it, and am considering increasing holdings to a full position of 4%. However, it has been a very poor performer over the last few weeks, and I have some concern that people may see it as another Crescent Point (isn't it partly the same management?) with endless new shares and dilutions. Think it is better to sit tight, or do you view it as a good buy at the current price? Please also comment on the distribution stability.
As always, thank-you
As always, thank-you
Q: I have a question about Surge Energy, SGY. From your comments and answers to other questions, you seem to like the company and speak favourably of it. My question is, SGY is not an "official" recommendation. What is it about the company that keeps you from formally recommending it? Does it have deficiencies or risks that concern you? Thanks again for your help.
Q: hi peter I am thinking of selling my shares in arx and buying surge sgy what do think thanks
Q: SGY - do you have any thoughts on the acquisition of Longview shares just announced. Thanks.
Q: Hi Peter and Team, boy-oh-boy, a lot of Q&A's on Surge, SGY, lately and I'll yet add another of my own again, sorry but I have to ask, at current price and yield (5.70/9.5%), and considering what has already been stated by the team, is this a really good (table pounding) buy situation? Good solid volume as well, are we missing something here considering they just raised cash recently at 6.20? Thanks!
Q: Hi, Peter and team,
Do you know of any material reason that accounts for the recent loss in the value of sgy shares?
Thanks for you7r input.
Joe
Do you know of any material reason that accounts for the recent loss in the value of sgy shares?
Thanks for you7r input.
Joe
Q: Hi Peter and team,
Re Surge SGY:
In my experience a dividend above 7 to 7.5% can be a bit of a warning flag.
I am puzzled as to why a smallish growth company, SGY, has the dividend as high as it is (8.6% I believe).
Can you clarify this, and give your assessment of the risk level of this company. I am considering taking a position representing 6% of my portfolio in it, in the context of a well balanced portfolio.
Thanks,
Mike
Re Surge SGY:
In my experience a dividend above 7 to 7.5% can be a bit of a warning flag.
I am puzzled as to why a smallish growth company, SGY, has the dividend as high as it is (8.6% I believe).
Can you clarify this, and give your assessment of the risk level of this company. I am considering taking a position representing 6% of my portfolio in it, in the context of a well balanced portfolio.
Thanks,
Mike
Q: I am holding some Twin Butte(TBE)in my TFSA. I'm considering a switch to Surge Energy (SGY), looking for more growth. Both have a similar yield. Which one would you recommend and why, or would you recommend another stock in the oilpatch.
Thanks as always for your great service, Chuck
Thanks as always for your great service, Chuck
Q: SGY.Your comment.A buy?8.32% div.Thanks Peter
Q: Peter, I have a nice gain in SU and CNQ but they are now about 8% of my portfolio each, which I suppose is too much. Would you suggest selling none, all or some percentage of both and purchasing Whitecap, Surge, Bellatrix, Tourmaline, or some other energy play with the proceeds. Thanks for your help as usual.
Dave
Dave
Q: Peter Many thanks for your insight it brought me through this market turbulence almost unscathed. My question is with this down turn in energy stocks I would like to expand my position in energy . I currently hold 5% Sgy 5% wcp I would like to take some profits and expand my position in sgy now that is beat up.
Your thought's
Stan
Your thought's
Stan
Q: Surge Energy Inc (C:SGY)
SURGE ENERGY INC. CLOSES PREVIOUSLY ANNOUNCED FINANCING.
Would you advise adding to a mall position due to the above and share price decline and why
thanks again and again
yossi
SURGE ENERGY INC. CLOSES PREVIOUSLY ANNOUNCED FINANCING.
Would you advise adding to a mall position due to the above and share price decline and why
thanks again and again
yossi
Q: Hi: I am looking to add a quality dividend and growth energy name. Can you compare ARX to SGY and comment? thanks
Q: SGY all the oil stocks are getting hit, but Surge seems to be being taken down harder than others, is there any reason you know of for this.
Q: Hi Peter. Surge Energy seems to be taking a hit today. Also high volume. Any problems you are aware of.
Q: Hi,
I want to add either RMP, MCR or SGY as an energy stock to my portfolio.
Would you have a preference for the managment teams and growth potentials?
Thank you
I want to add either RMP, MCR or SGY as an energy stock to my portfolio.
Would you have a preference for the managment teams and growth potentials?
Thank you
Q: Hi 5i!
Regarding Surge Energy (SGY)
I have read back through several months of questions before going to the research function of my on-line broker. I, too, am considering the switch from CPG to SGY - based on your answers regarding SGY. My question is this: looking at the financials, SGY numbers do not seem particularly positive - and this seems to my untrained eye to apply particularly to Cash Flow. Without 250mm + from financing it would seem they would be in a very negative position. (Looking at past 9 months ending Sept. 30/13). I know for many businesses Cash Flow or FFO are almost as important as the larger Balance Sheet issues, but I am perceiving - perhaps very incorrectly - significant weakness in those numbers from SGY. Can you help me out here because I am likely missing a great deal.
Thanks!!
Cheers,
Mike
Regarding Surge Energy (SGY)
I have read back through several months of questions before going to the research function of my on-line broker. I, too, am considering the switch from CPG to SGY - based on your answers regarding SGY. My question is this: looking at the financials, SGY numbers do not seem particularly positive - and this seems to my untrained eye to apply particularly to Cash Flow. Without 250mm + from financing it would seem they would be in a very negative position. (Looking at past 9 months ending Sept. 30/13). I know for many businesses Cash Flow or FFO are almost as important as the larger Balance Sheet issues, but I am perceiving - perhaps very incorrectly - significant weakness in those numbers from SGY. Can you help me out here because I am likely missing a great deal.
Thanks!!
Cheers,
Mike
Q: I know you like both Bellatrix and Surge, would you choose one over the other, or rather an equal position in both.Thanks for your excellent guidance, Jerry.
Q: SGY or TOG - which company would you consider the least risky for a $5,000 position in a TFSA, or would both be too volatile for long-term savings? If both are considered speculative, can you recommend a small to mid-cap energy play that would produce long-term gains? Thanks!